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$868,000

  • Sold
  • Sold
  • Multi-Family
See This Home
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Invest in a premium rental property just one block from beach access in Seaside. This well-maintained 4-plex is uniquely configured as a triplex plus a charming standalone cottage, offering versatility and strong rental income. Each unit has been thoughtfully updated with coastal-inspired colors and stylish, modern light fixtures. Off-street parking enhances convenience, while a shared sun deck and laundry room foster a welcoming community atmosphere. Ideally located just three blocks from the city center and downtown Seaside, this property provides much-needed quality housing in a prime location. Recent upgrades include new flooring in the second-floor, two-bedroom apartment, newly installed siding on the east side, and a roof replacement on the triplex in 2022. Total Monthly Rental Income: $6,800. Don't miss this exceptional opportunity to own a high-performing rental property in one of the Oregon Coast's most desirable destinations. Accurate room count is a total of 6 bedrooms, 5 bathrooms.

Full Property Details for 221 N Downing St

General

  • Sold For: $868,000
  • Taxes: $6,934 (2024)
  • Status: Sold
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 648855071
  • Added to Site: 294 day(s) ago

Rental Information

  • Rent Includes: Maintenance Grounds, Sewer, Trash Collection, Water

Parking

  • Parking Features: Driveway, Paved

Location

  • County: Clatsop
  • Driving Directions: US 101 West 12th Ave, Left on Necanicum Dr, Right on 3rd Ave, property on corner of N downing & 3rd

School Information

  • Midd School District: Seaside
  • Elementary School: Pacific Ridge
  • Middle School: Seaside
  • High School: Seaside

Community

  • Community Name: 184 - Clatsop Co: Seaside Northwest

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air
  • Heating Fuel: Electricity, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 2
  • Year Built: 1909
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,791
  • Lot Size: 3, 000 to 4, 999 SqFt
  • Frontage: Paved
  • Lot Features: Level, Ocean Beach 1/4 Mile or Less

Financial Considerations

  • Operating Expenses: $10,569
  • Tax Amount: $6,934.78
  • Tax Year: 2024
  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: 11646

Listed by SALTAIRE Coastal Homes (503) 724-2400, Christy Coulombe (503) 724-2400
Sold by SALTAIRE Coastal Homes (503) 724-2400, Faith Bailey

Listing agent

— 221 N Downing St —

  • Christy Coulombe

    SALTAIRE Coastal Homes

    503-724-2400

Get Pre-Approved Today

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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 221 N Downing St

School District:Seaside School District 10
NameGradesDistance
Seaside High School
2600 Spruce Drive, Seaside, OR 97138
9-121.4 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 221 N Downing St

Date
Details
Price
Change
Source
5/23/2025
Sold
$868,000
-1.14%
MLS
4/01/2025
Listed
$878,000
—
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 by SALTAIRE Coastal Homes (503) 724-2400, Christy Coulombe (503) 724-2400
Sold by SALTAIRE Coastal Homes (503) 724-2400, Faith Bailey

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Price Reduced near 221 N Downing St

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221 N Downing St, Seaside, OR 97138 (MLS# 648855071) is a Multi-Family property that was sold at $868,000 on May 23, 2025. Want to learn more about 221 N Downing St? Do you have questions about finding other Multi-Family real estate for sale in Seaside? You can browse all Seaside real estate or contact a Coldwell Banker agent to request more information.