$579,000
$21K PRICE DROP

218 Necanicum Dr Seaside, OR 97138

Estimated payment $3,293/month

Total Views 7,637
2 Beds
7 Baths
2,208 Sq Ft
$262 Price per Sq Ft

Highlights

  • River View
  • Storage
  • Forced Air Heating System
  • Corner Lot

About This Home

Two Homes on one lot in Northwest Seaside! Discover a rare and unique opportunity with this exceptional dual home property in Seaside, 461 3rd and 218 Necanicum, just blocks from the ocean, downtown amenities, and directly across from the scenic Necanicum River. Nestled in a prime coastal location, this offering includes two character rich residences, perfect for rental income, or a private retreat with guest accommodations.The first home showcases timeless craftsmanship with original hardwood floors, tongue-and-groove wood walls, high ceilings, and a fully finished attic space ideal for a studio or office. The expansive front porch offers an ideal setting to start your day with a cup of coffee or to relax in the evening, taking in the sunset.The second home is a venerable Sears and Roebuck kit home that echoes the charm and warmth of the main house. It too has a finished attic space. Also included with this home is a half bath in the primary bedroom, an attached laundry room and a covered carport for convenient year-round access. Both homes have primary bedrooms and bathrooms on the main level and have fenced backyards, offering private outdoor space for gardening, pets, or entertaining, and are topped with newer roofs for peace of mind. Secure your future at the beach in Seaside with an unbeatable location - schedule your showing today to experience this one of a kind property for yourself.

Listing Agent

Elizabeth Marxer

SALTAIRE Coastal Homes License #201207653 Listed on: 07/24/2025

Co-Listing Agent

Christy Coulombe

SALTAIRE Coastal Homes License #201214471

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,823

Year Built

  • Built in 1938

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Carport
  • Driveway

Home Design

  • Block Foundation
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,208 Sq Ft Home
  • 2-Story Property
  • Storage
  • River Views
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 7 Bathrooms

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 11639

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $15,400
  • Gross Income $20,400
  • Net Operating Income $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,823

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1938
  • Property Condition: Restored
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached
  • Total Bedrooms: 2
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Cedar,CementSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Block, ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: River

Garage/Parking

  • Parking Description: Carport, Driveway
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas,Tankless
  • Cooling: None
  • 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: R3
  • Parcel #: 11639

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 2823.33

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 28.38
  • Annual Gross Income: 20400.0
  • Property Net Operating Income: 5000.0
  • Annual Operating Expense: 15400.0

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
2024 $2,823 $196,531 -- --
2023 $2,740 $190,808 $0 $0
2022 $2,665 $185,252 $0 $0
2021 $2,609 $179,857 $0 $0
2020 $2,548 $174,620 $0 $0
2019 $2,478 $169,535 $0 $0
2018 $2,380 $164,598 $0 $0
2017 $2,271 $159,805 $0 $0
2016 $1,998 $155,152 $80,754 $74,398
2015 $1,946 $150,634 $78,402 $72,232
2014 $1,940 $146,248 $0 $0
2013 -- $141,989 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Price Changed $579,000 -3.5% $262 / Sq Ft
07/24/2025 07/24/25 For Sale $599,900 -- $272 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,000 New Conventional
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 552751071

Regional Multiple Listing Service (RMLS)

APN: 11639