107/109 NW 22nd Ave Rockawaybeach, OR 97136
Estimated payment $5,818/month
Highlights
- Mountain View
- Corner Lot
- Cooling Available
- Nehalem Elementary School Rated 10
- No HOA
- 1-minute walk to Manhattan Beach State Park
About This Home
Located just a stone's throw from the beach via a convenient trail, this nearly new duplex offers an exceptional investment opportunity. With transferable short-term rental permits for each unit, this property is ideal for those seeking a prime coastal location. Each unit features four spacious bedrooms and three full bathrooms, providing ample space for your family or guests. With plenty of parking available, you can easily explore the beach or nearby attractions. Approximately 90 minutes from PDX, this duplex presents a fantastic chance to capitalize on the growing demand for coastal real estate.
Listing Agent
Coldwell Banker Professional License #200504501 Listed on: 11/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,287
Year Built
- Built in 2021
Lot Details
- 5,662 Sq Ft Lot
- Corner Lot
- Level Lot
Parking
- 2 Car Garage
- Driveway
Home Design
- Composition Roof
- Board and Batten Siding
- Cement Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,076 Sq Ft Home
- 2-Story Property
- Mountain Views
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Schools
- Garibaldi Elementary School
- Neah-Kah-Nie Middle School
- Neah-Kah-Nie High School
Utilities
- Cooling Available
- Forced Air Heating System
- Heat Pump System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 26750
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $11,087
- Gross Income $52,323
- Net Operating Income $41,236
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,287 | $442,930 | $91,610 | $351,320 |
| 2023 | $4,269 | $430,030 | $88,940 | $341,090 |
| 2022 | $5,205 | $526,250 | $86,360 | $439,890 |
| 2021 | $667 | $67,850 | $67,850 | $0 |
| 2020 | $648 | $65,880 | $65,880 | $0 |
| 2019 | $315 | $31,990 | $31,990 | $0 |
| 2018 | $307 | $31,060 | $31,060 | $0 |
| 2017 | $298 | $30,160 | $30,160 | $0 |
| 2016 | $290 | $29,290 | $29,290 | $0 |
| 2015 | $285 | $28,440 | $28,440 | $0 |
| 2014 | $281 | $27,620 | $27,620 | $0 |
| 2013 | $276 | $26,820 | $26,820 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | Price Changed | $1,025,000 | -2.4% | $333 / Sq Ft |
| 04/02/2025 04/02/25 | Price Changed | $1,050,000 | -4.5% | $341 / Sq Ft |
| 03/23/2025 03/23/25 | Price Changed | $1,100,000 | -4.3% | $358 / Sq Ft |
| 03/04/2025 03/04/25 | Price Changed | $1,149,999 | -2.5% | $374 / Sq Ft |
| 01/31/2025 01/31/25 | Price Changed | $1,179,999 | -1.7% | $384 / Sq Ft |
| 11/01/2024 11/01/24 | For Sale | $1,199,999 | -- | $390 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $51,000 | Ticor Title Company Of Or | |
| Warranty Deed | $55,000 | Ticor Title Company Oregon |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $480,000 | New Conventional | |
| Previous Owner | $340,000 | Construction |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24285847
APN: R0026750
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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