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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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2149 S Franklin St , Seaside, OR 97138
$849,900
Est. Payment: $4,340.57/mo
11 Bed
8 Bath
4800 Sqft
Status: Pending | Days on site: 534
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House Description

Prime coastal 8-Plex investment opportunity in South Seaside, Oregon. Just four blocks from the beach and steps from a golf course and park, this 8-unit multifamily property offers a rare investment opportunity in South Seaside. Built in 1947, the 11-bed, 8-bath complex consists of five 1-bed/1-bath units and three 2-bed/1-bath units, spanning a total of 4,800 sqft across two buildings on a 10,000 sqft lot (100x100 ft), and includes nine off-street parking spots. This property consistently maintains full occupancy, often receiving hundreds of applicants when a unit becomes available. Located in a desirable neighborhood known for its well-kept homes, this property is just minutes from the Seaside Promenade and four blocks to the popular South Cove surf area. It has undergone major plumbing and electrical updates in 2008/2009, with new windows—10 left to install before closing. Offers an on-site community laundry room. With strong rental demand and the possibility for a conversion to a motel for short-term rental potential, this property offers immediate cash flow and long-term investment versatility. Tours are available for accepted offers only. 1031 exchange, would consider a trade. Don’t miss this high-demand coastal investment opportunity!

Highlights

Listed by Chrissy Tese-Moe , 971-300-0770 Works Real Estate , 503-714-7053. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.23

Year Built

1947

County

Clatsop

Area

187 - Clatsop Co: Seaside South Central

Listing ID

650795690

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:11
  • Bathrooms:8
  • Full Bathrooms:8
Water:Public Water

Exterior Features

Lot:Level
Lot Dimensions:100x100
Garage Capacity:9
Zoning:Multi U
Roof:Composition
Others:
  • Additional:Existing
Sewer:Public Sewer
Parking Features:Off Street
Principal Interest
$4,341
Taxes
$611

Home Price

$849,900

Loan Details

30 yrs
6.596%

Down Payment

20%
$169,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,340.57

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,340.57 $611.11 $0.00 $4,951.68
Yearly $52,086.87 $7,333.28 $0.00 $59,420.15
Total $1,562,606.22 $219,998.40 $0.00 $1,782,604.62

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (Seaside, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated: 2026-09-07T15:54:13.000Z

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