1560 S Downing St Seaside, OR 97138
Cartwright Park NeighborhoodEstimated payment $3,940/month
Highlights
- Accessible Bedroom
- 1-Story Property
- 5-minute walk to Cartwright Park
- Wood Siding
About This Home
Charming Fourplex Just Blocks from the Beach in Seaside! Fantastic investment opportunity just three blocks from the beach and the Seaside Promenade! This well-maintained fourplex features four individual units, each offering 2 bedrooms and 1 bathroom, plus their own range/oven and refrigerator. Units 1-3 are equipped with zoned electric heat, while Unit 4 features a gas furnace. All units have seen thoughtful updates since current ownership. There is a shared, coin-operated laundry room, and a fully fenced backyard—perfect for relaxing or entertaining. Fresh exterior paint completed in Spring 2025 gives the property great curb appeal. Located just eight blocks from Seaside's vibrant downtown, with shops, restaurants, and entertainment. Whether you're looking to expand your investment portfolio or secure a prime piece of coastal real estate, this fourplex checks all the boxes! (Security Cameras on property. OCCUPIED - Do NOT disturb)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,835
Year Built
- Built in 1941
Home Design
- 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
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 | $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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 10/27/2017 10/27/17 | Pending | -- | -- | -- |
| 06/15/2016 06/15/16 | For Sale | $327,500 | -- | $130 / Sq Ft |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $164,900 | New Conventional |
Source: Clatsop Association of REALTORS®
MLS Number: 25-444
APN: 12685
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