$775,000
PENDING $40K PRICE INCREASE

1265 Beach Dr Seaside, OR 97138

Estimated payment $4,432/month

Total Views 4,627
6 Beds
6 Baths
3,464 Sq Ft
$224 Price per Sq Ft

Highlights

  • Ocean View
  • High Speed Internet
  • Level Lot
  • Forced Air Heating System

About This Home

Turnkey 4-Unit Beachside Investment Property – Steps from the Sand! Exceptional opportunity to own a well-maintained 4 unit rental building just half a block from the beach with ocean views! This income-producing property offers a rare combination of prime coastal location, and consistent high occupancy. Each unit has been thoughtfully upgraded to meet today’s rental expectations. The building has been meticulously cared for, reflecting true pride of ownership with minimal deferred maintenance. Tenants enjoy the unbeatable location—close to local jobs, and everyday amenities—making this a highly attractive rental. With all the coastal charm within walking distance. With strong rental demand and a solid track record of stable occupancy, this is an ideal investment. Don’t miss this chance to own a turnkey asset in a highly sought-after beachside location!

Listing Agent

Jenny Frank

Windermere Realty Trust License #201205494 Listed on: 08/28/2025

Windermere Realty Trust

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,274

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 4,791 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Cement Siding
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,464 Sq Ft Home
  • 2-Story Property
  • Ocean Views
  • Crawl Space

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Parking Spaces
  • Covered Parking
  • On-Street Parking

Schools

  • Pacific Ridge Elementary School
  • Seaside Middle School
  • Seaside High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 4 Units
  • Gross Income $51,360

Listing and Financial Details

  • Assessor Parcel Number 12576

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,274

Year Built

Built in 1973 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Pending
  • MLS Status: Pending
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1973
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 775000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,Deck
  • Total Bedrooms: 6
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding,Stone
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Parking Description: Covered, OnStreet
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Internet Service Type: Cable,DSL
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Pacific Ridge
  • High School: Seaside
  • Middle Or Junior School: Seaside

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 12576

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 4274.18

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 15.09
  • Annual Gross Income: 51360.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $8,807 $612,899 -- --
2024 $8,548 $595,049 -- --
2023 $8,296 $577,719 $0 $0
2022 $8,069 $560,893 $0 $0
2021 $7,898 $544,557 $0 $0
2020 $7,714 $528,697 $0 $0
2019 $7,231 $513,299 $0 $0
2018 $7,024 $498,350 $0 $0
2017 $6,597 $483,836 $0 $0
2016 $5,775 $469,745 $194,898 $274,847
2015 $5,497 $456,064 $189,222 $266,842
2014 $5,773 $449,596 $0 $0
2013 -- $436,502 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2025 11/16/25 Pending -- -- --
09/02/2025 09/02/25 Price Changed $775,000 +5.4% $224 / Sq Ft
08/28/2025 08/28/25 For Sale $735,000 -- $212 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 572995009

Regional Multiple Listing Service (RMLS)

APN: 12576