462 SW COAST AVE Active

Depoe Bay,OR 97341

$ 464000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 402317523

Year Built 1940

Annual Tax Amount $2,195

Tax Year 2024

Lot Size 8,712 Sqft

Property Description

Excellent investment opportunity in the heart of Depoe Bay. Extensively renovated by current owners and excellent rental history. This is an ocean view duplex that comes with an expansive lot for all kinds of additional potential. Each side is 2 bed 1 bath with their own laundry. The southern unit has an additional sleeping loft and is currently vacant/easy to show. Other unit will be vacant 11-1. Projected rent $1650+ a side. Ideal location with direct access to the boat harbor and a few blocks to shops and restaurants of Depoe Bay. The neighborhood has its own whale lookout you can stroll to! Depoe Bay is the whale watching capital of the Oregon Coast but it's also strategically located in between two great towns of Lincoln City and Newport. Off the highway and one row back from the ocean so the sound of the waves will lull you to sleep. The city previously approved the addition of a 3rd unit. Large lot with split yards and storage shed in back.

Location

State OR

County Lincoln

Area _200

Zoning R-4

Interior

Heating Wall Heater, Zoned

Cooling Mini Split

Exterior

View Ocean

Roof Type Composition

Building

Lot Description Cleared, Level, Ocean Beach One Quarter Mile Or Less

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Schools

Elementary Schools Sam Case

Middle Schools Taft

High Schools Taft

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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