$699,000
$50K PRICE DROP

337 16th Ave Seaside, OR 97138

Estimated payment $4,132/month

Total Views 23,915
4 Beds
4 Baths
2,540 Sq Ft
$275 Price per Sq Ft

Highlights

  • No HOA
  • Baseboard Heating
  • Level Lot
  • Paneling
  • High Speed Internet
  • 5-minute walk to 12th Ave Park

About This Home

SIGNIFACANT PRICE REDUCTION! This meticulously maintained Tri-plex is in the quiet neighborhood of northwest Seaside less than two blocks from the beach! Recently painted and roofed this is not a fixer! Two 1-bedroom units rented with short term lease, other is vacant. Photos are of the owners 2 bed / 2 bath unit that has never been rented complete with hot tub for owners’ exclusive use. Coin laundry, workshop, 2 large storage sheds for tenant use, one large storage shed with electric for owner’s use, covered patios, outdoor BBQ area. Owners’ unit includes most personal property!Enjoy sitting on the deck and listening to the relaxing ocean sounds. This is the perfect getaway for yourself and your family while benefiting financially from the tenant’s occupancy. This is a must-see property!

Listing Agent

Lawrence Burkett

Premiere Property Group, LLC License #201204888 Listed on: 03/20/2025

Premiere Property Group, LLC

Co-Listing Agent

Kristine Israel

Premiere Property Group, LLC License #201224792

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,878

Year Built

  • Built in 1917 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Lap Siding
  • Shingle Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,540 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • Driveway
  • On-Street Parking

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 10925

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Surf Beach Subdivision

Building Details

  • Operating Expense $5,194
  • Gross Income $22,720
  • Net Operating Income $17,526

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,878

Year Built

Built in 1917 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1917
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: IndividualStorageUnits,Locked
  • Total Bedrooms: 4
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding,LapSiding,Panel,ShingleSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter, PillarPostPier
  • View: No
  • Lot Features: Level
  • Road Surface Type: Gravel
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, GasStove
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: R
  • Parcel #: 10925

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 3878.16

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 30.77
  • Annual Gross Income: 22720.0
  • Property Net Operating Income: 17526.0
  • Annual Operating Expense: 5194.0

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 $3,878 $269,958 -- --
2023 $3,764 $262,096 $0 $0
2022 $3,661 $254,463 $0 $0
2021 $3,583 $247,052 $0 $0
2020 $3,181 $223,285 $0 $0
2019 $3,087 $216,782 $0 $0
2018 $2,927 $210,469 $0 $0
2017 $2,764 $204,340 $0 $0
2016 $2,365 $196,869 $112,612 $84,257
2015 $2,391 $198,389 $121,089 $77,300
2014 $2,533 $198,389 $0 $0
2013 -- $195,937 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Price Changed $699,000 -2.8% $275 / Sq Ft
06/03/2025 06/03/25 Price Changed $719,000 -4.0% $283 / Sq Ft
03/20/2025 03/20/25 For Sale $749,000 -- $295 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $260,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $208,000 Purchase Money Mortgage
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 419714180

Regional Multiple Listing Service (RMLS)

APN: 10925