318 N Highway 101 Depoe Bay, OR 97341
Estimated payment $4,742/month
Highlights
- Ocean View
- Forced Air Heating System
- Level Lot
- No HOA
- High Speed Internet
- 1-minute walk to Depoe Bay Memorial Wall State Park
About This Home
Exciting & constantly changing ocean views from this successful vacation rental with 2 separate units! Located on 2 tax lots w/plenty of parking for everyone including a 2 stall carport & a shop. Each unit has it's own entrance on different levels, a full kitchen, laundry facilities, gas fireplaces, separate electrical meters & unique therapeutic ocean views. The upstairs has the master bedroom on the main living area & a loft with 2 other sleeping areas. The ground level has 1 bedroom/1 bathroom and a separate 280 sq ft heated store room w/a full bathroom. Enjoy watching whales from the wrap around deck or hang out in the really cool covered, wind-protected patio with a full Ocean view.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,033
Year Built
- Built in 1934
Lot Details
- 6,098 Sq Ft Lot
- Level Lot
Parking
- 2 Car Garage
- Carport
- Driveway
Home Design
- Composition Roof
- Cement Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,310 Sq Ft Home
- 3-Story Property
- Ocean Views
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Schools
- Sam Case Elementary School
- Newport Middle School
- Newport High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number R439198
Community Details
Overview
- No Home Owners Association
- 3 Units
- D111 Subdivision
Building Details
- Operating Expense $20,000
- Gross Income $50,000
- Net Operating Income $30,000
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 | $3,033 | $233,430 | -- | -- |
| 2023 | $2,898 | $226,640 | $0 | $0 |
| 2022 | $2,814 | $220,040 | $0 | $0 |
| 2021 | $2,840 | $213,640 | $0 | $0 |
| 2020 | $2,777 | $207,420 | $0 | $0 |
| 2019 | $2,614 | $201,380 | $0 | $0 |
| 2018 | $2,538 | $195,520 | $0 | $0 |
| 2017 | $2,473 | $189,830 | $0 | $0 |
| 2016 | $2,413 | $184,310 | $0 | $0 |
| 2015 | $2,187 | $181,970 | $0 | $0 |
| 2014 | $2,103 | $183,210 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/26/2025 07/26/25 | Price Changed | $850,000 | -5.5% | $368 / Sq Ft |
| 07/22/2025 07/22/25 | For Sale | $899,000 | -- | $389 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 254283709
APN: R439198
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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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