$445,000

515 Pacific Ave Brookings, OR 97415

Estimated payment $2,536/month

Total Views 139
3 Beds
3 Baths
1,436 Sq Ft
$310 Price per Sq Ft

Highlights

  • Hot Property
  • No HOA
  • Laundry Facilities
  • Territorial View
  • Baseboard Heating
  • High Speed Internet

About This Home

Beautiful duplex opportunity offering flexibility for both investors and owner-occupants in a convenient in-town location. The main unit features a thoughtfully updated kitchen with concrete countertops, tile backsplash, stainless appliances, and an island with seating for two. The layout offers a desirable split bedroom floor plan, providing added privacy and comfortable living. The second unit is more compact but offers efficient and cozy living spaces with a functional layout that makes the most of its size. Both units share access to a fenced backyard, creating a great space for pets, gardening, or relaxing outdoors, along with a shared laundry area for added convenience.Currently configured for rental income, this property presents multiple possibilities—continue renting both units, live in one while generating income from the other, or adapt to suit your needs. Ideally located near schools, Azalea Park, shopping, and restaurants, with just a short drive to local beaches, this property combines practical living with the coastal lifestyle Brookings is known for. Whether you're looking to invest or occupy, this is a solid opportunity in today’s market.

Listing Agent

Rebecca Watwood

Century 21 Agate Realty License #870600204 Listed on: 03/24/2026

Century 21 Agate Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,900

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,436 Sq Ft Home
  • 1-Story Property
  • Territorial Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R12050

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $4,500
  • Gross Income $26,400
  • Net Operating Income $21,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,900

Year Built

Built in 1950 | Remodeled

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1950
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 445000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 3
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick,LapSiding,T111Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, PublicRoad
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Driveway
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Laundry
  • Association: No

Schools

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

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.0
  • Parcel #: R12050

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 1899.96
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 16.86
  • Annual Gross Income: 26400.0
  • Property Net Operating Income: 21900.0
  • Annual Operating Expense: 4500.0

Map

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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 $1,900 $200,990 -- --
2024 $1,845 $195,140 -- --
2023 $1,791 $189,460 $0 $0
2022 $1,510 $159,690 -- --
2021 $1,466 $155,040 $0 $0
2020 $1,513 $150,530 $0 $0
2019 $1,389 $146,150 $0 $0
2018 $1,449 $141,900 $0 $0
2017 $1,143 $116,230 $0 $0
2016 $1,361 $134,380 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2026 03/24/26 For Sale $445,000 +78.0% $310 / Sq Ft
09/28/2021 09/28/21 Sold $250,000 -24.0% $174 / Sq Ft View Prior Sale
09/01/2021 09/01/21 Pending -- -- --
08/08/2021 08/08/21 Price Changed $329,000 +3.1% $229 / Sq Ft
08/07/2021 08/07/21 For Sale $319,000 +27.6% $222 / Sq Ft
07/22/2021 07/22/21 Off Market $250,000 -- --
04/30/2021 04/30/21 For Sale $319,000 0.0% $222 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/30/2021 03/30/21 Price Changed $319,000 -8.6% $222 / Sq Ft
02/26/2021 02/26/21 For Sale $349,000 +90.2% $243 / Sq Ft
05/25/2018 05/25/18 Sold $183,500 -7.1% $128 / Sq Ft View Prior Sale
04/03/2018 04/03/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $197,500 +23.4% $138 / Sq Ft
02/15/2017 02/15/17 Sold $160,000 +3.2% $111 / Sq Ft View Prior Sale
12/08/2016 12/08/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $155,000 -- $108 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 Curry County Title
Warranty Deed $183,500 --
Warranty Deed $16,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $190,000 Curry County Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $146,800 Purchase Money Mortgage
Previous Owner $160,000 Credit Line Revolving
Previous Owner $152,000 New Conventional
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 219802430

Regional Multiple Listing Service (RMLS)

APN: R12050

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