515 Pacific Ave Brookings, OR 97415
Estimated payment $2,536/month
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.
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
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 |
|---|---|---|---|---|
| 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 |
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 |
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 |
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: Regional Multiple Listing Service (RMLS)
MLS Number: 219802430
APN: R12050
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Ask me questions while you tour the home.