$575,000
$24K PRICE DROP

811 Franklin Ave Unit 813 Astoria, OR 97103

Astoria Downtown Neighborhood

Estimated payment $3,494/month

Total Views 25,007
6 Beds
4 Baths
2,880 Sq Ft
$200 Price per Sq Ft

Highlights

  • Seasonal View
  • Forced Air Heating System
  • 1-minute walk to McClure Park
  • Landscaped with Trees
  • Asbestos

About This Home

Seize the opportunity to own a well-maintained duplex in the heart of Astoria, one of the Pacific Northwest’s most charming coastal towns. This property boasts two spacious units, each offering 3 bedrooms, 1.5 bathrooms, and a versatile two-story layout with a basement. Unit 811 has been tastefully remodeled, adding modern appeal to its classic charm. Perched to capture views of the iconic Columbia River, both units are fully occupied, providing a dependable income stream for the next savvy investor. Ideally situated just blocks away from Astoria’s vibrant downtown and waterfront, this duplex blends convenience with lifestyle, offering proximity to shops, dining, and cultural landmarks.

Last Listed By

Sabrina James

SMI Commercial Real Estate LLC License #201246910 Listed on: 11/25/2024

SMI Commercial Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,386

Year Built

  • Built in 1913 | Remodeled

Lot Details

  • 4,791 Sq Ft Lot
  • Sloped Lot
  • Landscaped with Trees

Parking

  • On-Street Parking

Home Design

  • Composition Roof
  • Asbestos
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,880 Sq Ft Home
  • 2-Story Property
  • Seasonal Views
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Schools

  • Astor Elementary School
  • Astoria Middle School
  • Astoria High School

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 22642

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,839
  • Gross Income $41,064
  • Net Operating Income $37,225

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,386

Year Built

Built in 1913 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1913
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Total Bedrooms: 6
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: Asbestos
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Seasonal, Sloped, Trees
  • Road Surface Type: Concrete, Paved
  • Roof: Composition
  • View: Seasonal

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Astor
  • High School: Astoria
  • Middle Or Junior School: Astoria

Lot Info

  • Zoning: R3
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 22642

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 3385.97

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.0
  • Annual Gross Income: 41064.0
  • Property Net Operating Income: 37225.0
  • Annual Operating Expense: 3839.0

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 $3,386 $169,197 -- --
2023 $3,270 $164,270 $0 $0
2022 $2,497 $128,857 $0 $0
2021 $2,428 $125,105 $0 $0
2020 $2,359 $121,462 $0 $0
2019 $2,289 $117,926 $0 $0
2018 $2,106 $114,492 $0 $0
2017 $2,016 $111,158 $0 $0
2016 $1,927 $107,921 $28,976 $78,945
2015 $1,889 $104,779 $28,133 $76,646
2014 $1,855 $101,728 $0 $0
2013 -- $98,766 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2025 05/26/25 For Sale $575,000 0.0% $200 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
04/24/2025 04/24/25 Price Changed $575,000 -3.4% $200 / Sq Ft
04/18/2025 04/18/25 For Sale $595,000 0.0% $207 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $595,000 0.0% $207 / Sq Ft
03/12/2025 03/12/25 Off Market $595,000 -- --
03/05/2025 03/05/25 For Sale $595,000 0.0% $207 / Sq Ft
02/26/2025 02/26/25 For Sale $595,000 0.0% $207 / Sq Ft
02/26/2025 02/26/25 Off Market $595,000 -- --
02/18/2025 02/18/25 Off Market $595,000 -- --
01/17/2025 01/17/25 Price Changed $595,000 -0.7% $207 / Sq Ft
11/25/2024 11/25/24 For Sale $599,000 -- $208 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Available
Warranty Deed -- --
Warranty Deed $180,000 Ticor Title Ins Co
Special Warranty Deed $60,000 Ticor Title Ins Co
Special Warranty Deed $93,000 Ticor Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,600 Unknown
Previous Owner $36,000 Stand Alone Second
Previous Owner $144,000 Fannie Mae Freddie Mac
Previous Owner $144,000 Fannie Mae Freddie Mac
Source: Public Records

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24048520

Regional Multiple Listing Service (RMLS)

APN: 22642