$350,000
$165K PRICE DROP

821 831 S Columbia St Seaside, OR 97138

Estimated payment $1,994/month

Total Views 22,697
3 Beds
2 Baths
1,200 Sq Ft
$292 Price per Sq Ft

Highlights

  • Level Lot
  • Lap Siding
  • Heating System Mounted To A Wall or Window

About This Home

** Price reduced & seller motivated ** Step into coastal paradise with this remarkable double cottage property, just a few blocks from the sun-kissed shores. Nestled in a coveted location, this offering not only promises the allure of beachside living but also presents an unparalleled opportunity for lucrative rental income. Adjacent to the main cottage, a second dwelling awaits, offering versatility and potential. Whether utilized as a guest retreat, a private sanctuary, or a rental income generator, this secondary cottage exudes coastal charm and comfort. Relax in the inviting living area, whip up beachside snacks in the well-appointed kitchenette, and retire to the serene bedroom for restful nights after days spent soaking up the sun. Conveniently located just steps from the beach and the promenade, this double cottage property epitomizes coastal living at its finest. Don't miss your chance to own a slice of paradise with endless income potential. Seize the opportunity to make this coastal retreat your own today! No Seller Carried financing!!

Listing Agent

Lisa Stone

Premiere Property Group, LLC License #201239564 Listed on: 04/23/2024

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,792

Year Built

  • Built in 1928

Lot Details

  • 2,613 Sq Ft Lot
  • Level Lot

Home Design

  • Fixer Upper
  • Composition Roof
  • Lap Siding
  • Cedar

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Open Parking

Schools

  • Seaside Middle School
  • Seaside High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 12416

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,499
  • Gross Income $24,900
  • Net Operating Income $19,401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,792

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1928
  • Property Condition: Fixer
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Total Bedrooms: 3
  • Lot Size Range: SqFt0Kto2999

Exterior Features

  • Exterior Description: Cedar,LapSiding
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: Other
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Open
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Other
  • High School: Seaside
  • Middle Or Junior School: Seaside

Lot Info

  • Zoning: R3
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2613.0
  • Parcel #: 12416

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2025
  • Tax Annual Amount: 1791.51
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.06
  • Annual Gross Income: 24900.0
  • Property Net Operating Income: 19401.0
  • Annual Operating Expense: 5499.0

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
2025 $1,792 $124,671 -- --
2024 $1,739 $121,041 -- --
2023 $1,687 $117,516 $0 $0
2022 $1,641 $114,094 $0 $0
2021 $1,607 $110,771 $0 $0
2020 $1,569 $107,545 $0 $0
2019 $1,526 $104,414 $0 $0
2018 $1,466 $101,373 $0 $0
2017 $1,399 $98,421 $0 $0
2016 $1,230 $95,556 $58,228 $37,328
2015 $1,198 $92,774 $56,533 $36,241
2014 $1,195 $90,073 $0 $0
2013 -- $87,451 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2025 11/11/25 Price Changed $350,000 -5.4% $292 / Sq Ft
10/13/2025 10/13/25 Price Changed $370,000 -2.6% $308 / Sq Ft
09/25/2025 09/25/25 Price Changed $380,000 -3.8% $317 / Sq Ft
09/05/2025 09/05/25 Price Changed $395,000 -2.5% $329 / Sq Ft
08/04/2025 08/04/25 Price Changed $405,000 -4.7% $338 / Sq Ft
07/15/2025 07/15/25 Price Changed $425,000 -8.6% $354 / Sq Ft
06/16/2025 06/16/25 Price Changed $465,000 +16.3% $388 / Sq Ft
02/03/2025 02/03/25 Price Changed $400,000 -2.4% $333 / Sq Ft
10/02/2024 10/02/24 Price Changed $410,000 -4.7% $342 / Sq Ft
09/28/2024 09/28/24 Price Changed $430,000 -3.4% $358 / Sq Ft
09/17/2024 09/17/24 Price Changed $445,000 -4.3% $371 / Sq Ft
07/13/2024 07/13/24 Price Changed $465,000 -2.1% $388 / Sq Ft
05/12/2024 05/12/24 Price Changed $475,000 -7.8% $396 / Sq Ft
04/24/2024 04/24/24 For Sale $515,000 -- $429 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed $1,000 None Available
Bargain Sale Deed -- None Available
Warranty Deed $135,000 Multiple
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $121,500 Seller Take Back
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24023444

Regional Multiple Listing Service (RMLS)

APN: 12416