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$450,000

  • Sold
  • Sold
  • Multi-Family
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Excellent investment opportunity in the heart of Depoe Bay. Extensively renovated by current owners and excellent rental history. This is an ocean view duplex that comes with an expansive lot for all kinds of additional potential. Each side is 2 bed 1 bath with their own laundry. The southern unit has an additional sleeping loft and is currently vacant/easy to show. Other unit will be vacant 11-1. Projected rent $1650+ a side. Ideal location with direct access to the boat harbor and a few blocks to shops and restaurants of Depoe Bay. The neighborhood has its own whale lookout you can stroll to! Depoe Bay is the whale watching capital of the Oregon Coast but it's also strategically located in between two great towns of Lincoln City and Newport. Off the highway and one row back from the ocean so the sound of the waves will lull you to sleep. The city previously approved the addition of a 3rd unit. Large lot with split yards and storage shed in back.

Full Property Details for 462 SW Coast Ave

General

  • Sold For: $450,000
  • Taxes: $2,195 (2024)
  • Status: Sold
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 402317523
  • Added to Site: 141 day(s) ago

Rental Information

  • Rent Includes: Trash Collection, Water

Parking

  • Total Spaces: 4
  • Parking Features: Driveway, On Street

Location

  • County: Lincoln
  • Driving Directions: Turn onto Hawkins St from Hwy 101. Left onto SW Coast Ave. Property on left.

School Information

  • Midd School District: Taft
  • Elementary School: Sam Case
  • Middle School: Taft
  • High School: Taft

Community

  • Community Name: 200 - Lincoln County

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Mini Split
  • Heating Type: Wall Heater, Zoned
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 1
  • Year Built: 1940
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size (Sq. Ft.): 8,712
  • Lot Size: 7, 000 to 9, 999 SqFt
  • Frontage: Paved
  • Lot Features: Cleared, Level, Ocean Beach 1/4 Mile or Less

Financial Considerations

  • Operating Expenses: $3,395
  • Tax Amount: $2,195.03
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: R342550

Listed and Sold by Cascade Hasson Sotheby's International Realty (541) 241-3405, Josh Reed (206) 708-4738

Listing agent

— 462 SW Coast Ave —

  • Josh Reed

    Cascade Hasson Sotheby's International Realty

    541-241-3405

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 462 SW Coast Ave

School District:Lincoln County School District
NameGradesDistance
Taft Elementary School
4040 Southeast High School Drive, Lincoln City, OR 97367
3-69.2 mi
Oceanlake Elementary School
2420 Northeast 22nd Street, Lincoln City, OR 97367
K-212.4 mi
Taft High School
3780 Southeast Spy Glass Ridge Drive, Lincoln City, OR 97367
7-129.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 462 SW Coast Ave

Date
Details
Price
Change
Source
12/05/2025
Sold
$450,000
-3.02%
MLS
10/17/2025
Price Reduced
$464,000
-4.33%
MLS
9/25/2025
Price Reduced
$485,000
-2.81%
MLS
8/30/2025
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Cascade Hasson Sotheby's International Realty (541) 241-3405, Josh Reed (206) 708-4738

Just Listed near 462 SW Coast Ave

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2159 NW Keel Ave, Lincoln City, OR 97367 - Photo 1 Just Listed
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2159 NW Keel Ave  Lincoln City, OR 97367

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2793 SW Anemone Ave  Lincoln City, OR 97367

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1706 NW 51st, Lincoln City, OR 97367 - Photo 1 Just Listed
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1706 NW 51st  Lincoln City, OR 97367

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3087 NE Cascara Ct, Lincoln City, OR 97367 - Photo 1 Just Listed
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Open House

3087 NE Cascara Ct  Lincoln City, OR 97367

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Price Reduced near 462 SW Coast Ave

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100 Seagrove Loop, Lincoln City, OR 97367 - Photo 1 Price Reduced
-$9,100 (-2.28%)
$389,900

100 Seagrove Loop  Lincoln City, OR 97367

  • Single Family
  • Active
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Listed by Beachside Realty, Robyn Tanner
2539 SW Coral Loop, Lincoln City, OR 97367 - Photo 1 Price Reduced
-$80,000 (-9.1%)
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2539 SW Coral Loop  Lincoln City, OR 97367

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  • Active
  • Updated 3 days ago
  • 3
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    Total Baths
  • 1,871
    Sq. Ft.
Listed by Farrell Realty & Property Management, Inc, Cindy Somsanith
5655 Palisades Dr Dr, Lincoln City, OR 97367 - Photo 1 Price Reduced
-$1,000 (-0.19%)
$533,900

5655 Palisades Dr Dr  Lincoln City, OR 97367

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,363
    Sq. Ft.
Listed By: MELTON I. LOWERY | Windermere Heritage and NATALIE. BECK-BOYECHKO | Windermere Heritage
Tl 1706 NW 51st St, Lincoln City, OR 97367 - Photo 1 Price Reduced
-$4,000 (-2.23%)
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Tl 1706 NW 51st St  Lincoln City, OR 97367

  • Lots/Land
  • Active
  • Updated 12 hours ago
  • 0.21
    Acres
Listed By: DAVID D.. DAVIS | Exp Realty, Llc

Recent Sales near 462 SW Coast Ave

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155 SE Hazelton Ave, Depoe Bay, OR 97341 - Photo 1 Sold
$438,000

155 SE Hazelton Ave  Depoe Bay, OR 97341

  • Single Family
  • Sold
  • 2
    Beds
  • 1
    Total Bath
  • 1,208
    Sq. Ft.
Listed by Coldwell Banker Professional, Anissa Branch
Sold by The Broker Network, LLC, Garett Chadney
340 SW South Point St, Depoe Bay, OR 97341 - Photo 1 Sold
$460,000

340 SW South Point St  Depoe Bay, OR 97341

  • Single Family
  • Sold
  • 2
    Beds
  • 2
    Total Baths
  • 1,072
    Sq. Ft.
Listed by Berkshire Hathaway HomeServices NW Real Estate, Jewel Stockli
Sold by Emerald Coast Realty-Seal Rock, Sara Bell
120 SW The Pines Dr, Depoe Bay, OR 97341 - Photo 1 Sold
$499,000

120 SW The Pines Dr  Depoe Bay, OR 97341

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  • 2
    Beds
  • 2
    Total Baths
  • 980
    Sq. Ft.
Listed by Coldwell Banker Professional, Hannah Katz
Sold by Non Rmls Broker, OR and WA Non Rmls
104 SE Fairwind Ct, Depoe Bay, OR 97341 - Photo 1 Sold
$391,000

104 SE Fairwind Ct  Depoe Bay, OR 97341

  • Manufactured Home
  • Sold
  • 4
    Beds
  • 2
    Total Baths
  • 1,728
    Sq. Ft.
Listed by Realty One Group At The Beach, Nadine Hankins
Sold by Non Rmls Broker, OR and WA Non Rmls

462 SW Coast Ave, Depoe Bay, OR 97341 (MLS# 402317523) is a Multi-Family property that was sold at $450,000 on December 05, 2025. Want to learn more about 462 SW Coast Ave? Do you have questions about finding other Multi-Family real estate for sale in Depoe Bay? You can browse all Depoe Bay real estate or contact a Coldwell Banker agent to request more information.