$1,950,000

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18320 N Highway 101 Rockaway Beach, OR, United States 97136

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 $1,950,000 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!

Amenities

  • Bedrooms: 6
  • Full Bathrooms: 4
  • Partial Bathrooms: 0
  • Property Type: Multifamily
  • Year Built: 1978
  • Built in 1978
  • Home size: 2,686 ft2 / 249.54 m2
  • MLS: 347369482
  • Status: Active

Property brokered by

Windermere Real Estate Western WA and OR

(206) 526-7730

  • (503) 284-7755 (Office Phone)

Contact Kelly Seifer-Fitzmaurice

Contact Agent


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