Active

Multifamily

337 16TH AVE

Seaside, OR 97138

Square Ft.

2,540

$679,000

SIGNIFACANT PRICE REDUCTION! This meticulously maintained Tri-plex is in the quiet neighborhood of northwest Seaside less than two blocks from the beach! Recently painted and roofed this is not a fixer! Two 1-bedroom units rented with short term lease, other is vacant. Photos are of the owners 2 bed /… Read MoreRead Less

Listing courtesy of Premiere Property Group, LLC.

Listing Snapshot

Days Online

174

Last Updated

Sep 11, 2025

Square Ft.

2,540

Year Built

1917

MLS Number

419714180

30 Days Snapshot Of 97138

$754k

+28%

(avg) sold price

21

-25%

homes sold

63

-37%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road Surface Type: Gravel

Basement

Basement: None

Building

Building Area Total: 2540, Built in 1917, Storage: IndividualStorageUnits, Locked, Stories: 2, Unit Type Type: UnitTypeType1, UnitTypeType2, UnitTypeType3

Cooling

Cooling: None

Expenses

Operating Expense: $5,194

Exterior Features

Exterior Description: CementSiding, LapSiding, Panel, ShingleSiding

Foundation

Foundation Details: ConcretePerimeter, PillarPostPier

Heating

Heating: Baseboard, GasStove

Income

CAP Rate: 2.58, Gross Income: $22,720, Gross Rent Multiplier: 29.89, Net Operating Income: $17,526

Lot

Features: Level, Size Range: SqFt3000to4999, Size: 3,000 to 4,999 SqFt

Miscellaneous

Investor Information: AccordingToAccountant, AccordingToOwner

Parking

Features: Driveway, OnStreet

Property

Number Of Units Total: 3, Property Condition: UpdatedRemodeled, Zoning: R

Roof

Roof: Composition

Sewer

Sewer: PublicSewer

Taxes

Annual Amount: $3,878, Legal Description

Unit One

Actual Rent: $965, Area: 800, Features: Dishwasher, Range, Refrigerator, WindowCoverings, Units Total: 1, 1 total bathroom, 1 total bedroom

Unit Two

Actual Rent: $895, Area: 800, Features: Dishwasher, Range, Refrigerator, WindowCoverings, Units Total: 1, 1 total bathroom, 1 total bedroom

Unit Three

Area: 850, Features: Dishwasher, Range, Refrigerator, WindowCoverings, Units Total: 1, 2 total bathrooms, 2 total bedroom

Utilities

Fuel Description: Electricity, Gas, Hot Water Description: Gas, Internet Service Type: Cable, Water Source: PublicWater

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Gearhart Elementary School 503-738-8348 Public KG-5

Broadway Middle School 503-738-5560 Public 6-8

Seaside High School 503-738-5586 Public 9-12

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Keller Williams Portland Premiere are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS, Portland, Oregon.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on Sep 11, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
This content last updated on Sep 11, 2025. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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