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1524 SE Honeysuckle Loop, Warrenton, OR, 97146

4beds
12baths
6,472sqft
$1,395,000
$216price/sqft
$9,519/moest. monthly cost
$380,760/yrincome needed

About This Home

Rare opportunity to acquire a high-performing 4-unit coastal income property in a prime North Oregon Coast location near Fort Stevens and the Pacific Ocean. Owner financing available for a well qualified buyer with minimum 25% down. Newer construction offers the ideal combination of stable rental income, low maintenance and long-term appreciation potential. These townhouse-style units are larger than typical rentals, featuring private garages, patios, and higher-end finishes, all amenities that consistently attract quality, long-term tenants. As a result, vacancy is extremely low, with strong demand whenever a unit comes available. Built with durability and safety in mind, each unit includes a fire sprinkler system along with double six-inch separation walls extending to the roof, providing enhanced fire protection and peace of mind. A key advantage of this property is its future flexibility and multiple exit strategies. The units are constructed as townhomes, offering the potential to create four separate tax lots for individual resale. The location is exceptionally convenient—just minutes from Costco, Walmart, Home Depot, restaurants and 10–12 minutes to the beach. Warrenton is ideally positioned between Astoria’s vibrant arts, dining and brewery scene and the coastal communities of Gearhart and Seaside, known for golf, surfing and outdoor recreation. The area continues to attract residents, retirees and remote workers, supporting consistent rental demand and long-term growth. This is a rare opportunity to own a well-built, low-maintenance 4-plex in a highly desirable coastal market with strong tenant appeal and future upside potential!

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

3/10
Warrenton Grade SchoolGrades K-51.8 mi
4/10
Warrenton Middle SchoolGrades 6-80.7 mi
3/10
Warrenton High SchoolGrades 9-121.6 mi

Construction

Condition

  • Property condition: Existing
  • Year built: 2017

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction materials: Cement Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Range,Washer/Dryer,Electric Water Heater,Tank Water Heater

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 12
  • Full bathrooms: 8
  • Partial bathrooms: 4

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: None

Interior Area

  • Total structure area: 6,472
  • Total interior livable area: 6,472 sqft

Property

Details

  • Parcel number: 57018
  • Zoning: RH

Features

  • Stories: 2

Lot

  • Lot size: 0.25 Acres
  • Features: SqFt 10000 to 14999

Parking

  • Total spaces: 4
  • Parking features: Driveway,Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Tsunami
    TsunamiRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Tsunami
Inland Flooding

FEMA Declared Disasters in Clatsop County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,053$84,636
Home Insurance *$310$3,720
Property Taxes $1,569$18,828
Electricity $587$7,048
Total$9,519$114,228
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$326,365/yr
40% on housing$285,570/yr
45% on housing$253,840/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$216This listing

vs Other Active Listings

Avg $/sqft

ZIP 97146$247
Clatsop County$303

vs Homes Sold Last Month

Median $/sqft

ZIP 97146$322
Clatsop County$291

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-23Listed for sale$1,500,000
2022-02-10Listing removed--
2022-02-09Listed for rent$2,295
2017-10-30Sold$687,000
2016-11-04Sold$70,000

For Sale by Agent

AgentCheryl Johnson
BrokerageRealty One Group Prestige

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