$615,000
PENDING $35K PRICE DROP

1560 S Downing St Seaside, OR 97138

Cartwright Park Neighborhood

Estimated payment $3,555/month

Total Views 7,559
8 Beds
4 Baths
2,522 Sq Ft
$244 Price per Sq Ft

Highlights

  • Accessible Bedroom
  • 1-Story Property
  • 5-minute walk to Cartwright Park
  • Wood Siding

About This Home

Charming Fourplex Just Blocks from the Beach! Don't miss this fantastic opportunity just three blocks from the beach and Seaside Promenade! This well-maintained fourplex offers four 2-bedroom, 1-bath units—each with its own range, oven, and refrigerator. Units 1-3 feature zoned electric heat; Unit 4 has a gas furnace. All units have been thoughtfully updated under current ownership. Extras include a shared coin-operated laundry room, a fully fenced backyard, and fresh exterior paint completed in Spring 2025 for added curb appeal. Just eight blocks from Seaside's lively downtown with shops, dining, and entertainment. (Security cameras on-site. OCCUPIED - Please do not disturb.)

Listing Agent

Hilary Herman

Realty One Group Prestige - Cannon Beach License #201214475 Listed on: 05/16/2025

Realty One Group Prestige - Cannon Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,835

Year Built

  • Built in 1941

Home Design

  • Concrete Foundation
  • Composition Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,522 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Oven or Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Gas Available
  • Electric Water Heater

Additional Features

  • Accessible Bedroom
  • 4,792 Sq Ft Lot

Community Details

  • 4 Units
  • Gross Income $39,000

Listing and Financial Details

  • Assessor Parcel Number 12685

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,835

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Directions: Located at the NW corner of S. Downing & Lewis & Clark Way.
  • Gross Income: 39000.0
  • InternalFeaturesFurnished: No
  • InternalFeaturesWaterHeater: Electric
  • Prop. Type: Multi-Dwelling
  • Building Stories: 1
  • Utilities Electric: On Property
  • Average Utilities Gas: On Property
  • UtilitiesHeatingCooling: Electric Zone
  • Water: City - Property
  • Year Built: 1941
  • AccessibilityBedBathOnMain: Yes
  • Reso Property Sub Type: Multi-Family
  • NumberUnfurnished: Unfurnished
  • Co List Office Mls Id: oner
  • Architectural Style: NONE
  • ResoWindowFeatures: Window Coverings
  • General Property Description:View: None
  • General Property Description:View 2: None
  • General Property Description:Total Bedrooms: 8
  • General Property Description:Lot Acres: 0.11
  • Utilities:Sewer2: City-Property
  • Foundation:Continuous Concrete: Yes
  • Roof:Composition: Yes
  • Siding:Cement Fiber: Yes
  • Internal Features:RangeOven: Yes
  • Siding:Shingle Siding: Yes
  • Siding:Wood Siding: Yes
  • Location Tax and Other Information:Historic Designation2: Adjacent to
  • Location Tax and Other Information:Taxes2: 3835.33
  • Location Tax and Other Information:Tax Year2: 2024
  • General Property Description:Frontage: None
  • General Property Description:Style: NONE
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Construction Type: Cement Fiber, Shingle Siding, Wood Siding
  • Foundation Details: Continuous Concrete
  • Internal Features:Window Coverings: Yes

Lot Info

  • Zoning: R2
  • Parcel #: 12685

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3835.33

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 39000.0

Map

Range of Values:

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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 $3,952 $274,985 -- --
2024 $3,835 $266,977 -- --
2023 $3,722 $259,202 $0 $0
2022 $3,620 $251,653 $0 $0
2021 $3,544 $244,324 $0 $0
2020 $3,461 $237,209 $0 $0
2019 $3,366 $230,301 $0 $0
2018 $3,233 $223,594 $0 $0
2017 $2,941 $217,082 $0 $0
2016 $2,532 $210,760 $94,347 $116,413
2015 $2,521 $209,131 $101,449 $107,682
2014 $2,655 $206,583 $0 $0
2013 -- $200,567 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2025 09/25/25 Pending -- -- --
08/01/2025 08/01/25 Price Changed $615,000 -5.4% $244 / Sq Ft
05/16/2025 05/16/25 For Sale $649,900 +103.2% $258 / Sq Ft
12/18/2017 12/18/17 Sold $319,900 -2.3% $127 / Sq Ft View Prior Sale
10/27/2017 10/27/17 Pending -- -- --
06/15/2016 06/15/16 For Sale $327,500 -- $130 / Sq Ft
Source: Clatsop Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer $319,900 Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $164,900 New Conventional
Source: Public Records

Source: Clatsop Association of REALTORS®

MLS Number: 25-444

APN: 12685

Oregon Clatsop County Seaside 97138 Cartwright Park

1560 S Downing St, Seaside, OR

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Hilary Herman
Listing Agent
Hilary Herman
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Realty One Group Prestige - Cannon Beach
(971) 265-9613