$759,000

405 Arnold Ln Brookings, OR 97415

Estimated payment $4,312/month

Total Views 2,336
6 Beds
5 Baths
2,551 Sq Ft
$298 Price per Sq Ft

Highlights

  • Ocean View
  • Baseboard Heating
  • 4-minute walk to Crissey Field Welcome Center
  • 2 Car Attached Garage

About This Home

Experience the best of coastal living and investment potential with this rare property located just a short distance to the ocean in Brookings. The main home offers a spacious and comfortable layout featuring four bedrooms and three full baths. The upper level includes the main living areas, kitchen, and two bedrooms—including the primary suite—capturing beautiful ocean views and has washer and drier hookups. A large covered wraparound deck provides the perfect spot to relax and enjoy the coastal breeze. Wide hallways and stairs were designed with accessibility in mind .The lower level includes two additional bedrooms, a full bath, and a generous laundry area with exterior access, making it ideal for extended family living or potential rental flexibility. An oversized two-car garage provides plenty of room for vehicles, storage, or hobbies, and there’s an additional parking pad perfect for an RV or boat. Two additional cottages add built-in rental potential. Each features one bedroom and one bath, with inviting living spaces, kitchens, and covered porches. One cottage also includes an extra storage area and laundry facilities. Conveniently located near town amenities, shopping, and dining, this property offers endless possibilities—live in the main home and rent out the cottages, or enjoy consistent income from all three units. A truly unique opportunity to own a coastal retreat with strong investment potential. Please do not disturb tenants, call your agent to schedule a tour!

Listing Agent

Ray Warren

Freedom Realty Brokerage Email: Info@freedom-realty.com License #201242827 Listed on: 11/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,636

Year Built

  • Built in 1995

Lot Details

  • 0.29 Acre Lot

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Territorial

Home Design

  • Slab Foundation
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,551 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Schools

  • Kalmiopsis Elementary School
  • Azalea Middle School
  • Brookings-Harbr High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R21063

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $3,785
  • Gross Income $40,980
  • Net Operating Income $39,180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,636

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1995
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 759000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Roof: Composition
  • View: Ocean,Territorial

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard, WallHeater
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Kalmiopsis
  • High School: Brookings-Harbr
  • Middle Or Junior School: Azalea

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632.0
  • Parcel #: R21063

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 3635.62

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 18.52
  • Annual Gross Income: 40980.0
  • Property Net Operating Income: 39180.0
  • Annual Operating Expense: 3785.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $3,636 $384,600 -- --
2024 $3,530 $373,400 -- --
2023 $3,427 $362,530 $0 $0
2022 $3,327 $351,980 -- --
2021 $3,230 $341,730 $0 $0
2020 $3,334 $331,780 $0 $0
2019 $3,062 $322,120 $0 $0
2018 $3,193 $312,740 $0 $0
2017 $3,075 $312,740 $0 $0
2016 $3,001 $303,640 $0 $0
2015 $2,837 $294,800 $0 $0
2014 $2,837 $277,890 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2025 11/01/25 For Sale $759,000 -- $298 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 764192145

Regional Multiple Listing Service (RMLS)

APN: R21063