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18320 Highway 101 N, Rockaway Beach, OR, 97136

6beds
4baths
2,686sqft
$1,699,900
$633price/sqft
$10,634/moest. monthly cost
$425,360/yrincome needed

About This Home

A unique opportunity to own a profitable duplex nestled on nearly an acre of oceanfront property plus an additional lot! This vintage gem is tucked away on a semi-private dead-end street off HWY 101 with a charming bridge on the property that leads over a stream through lush greens to an incredibly private part of Rockaway Beach! The lot next door is included in the sale. Two separate tax lots, both zoned CR2 $1,699,900 for the sale of both: one duplex TAX ID 60070 on 0.81 acres and one neighboring vacant lot TAX ID 59901 on an additional 0.79 acres. DUPLEX: One time transferrable STR. 2024 STATS: rental revenue = $124,402 / 173 nights booked / 47% occupancy rate / $600 average daily rate / $2,568 average revenue per stay. Opportunity AWAITS!

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

8/10
7/10
3/10
Neah-Kah-Nie High SchoolGrades 9-123.5 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1978

Materials

  • Foundation: Other
  • Roof: Composition
  • Construction materials: T111 Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

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

Basement

  • Basement: None,Storage Space

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 2,686
  • Total interior livable area: 2,686 sqft

Property

Details

  • Parcel number: 60070
  • Zoning: CR2

Features

  • Stories: 2
  • Patio & porch: Deck
  • Spa features: Community
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean
  • On waterfront: Yes
  • Waterfront features: Ocean Front,Stream
  • Waterbody name: Pacific Ocean

Lot

  • Lot size: 1.60 Acres
  • Features: Flood Zone,Acres 1 to 3
  • Lot size dimensions: 0.81 + 0.79

Parking

  • Total spaces: 5
  • Parking features: Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes