About 461 S Downing St
Well-maintained 4-plex investment property in the heart of Seaside on a level 50’ x 100’ lot, just 3 blocks to the beach and 2 blocks to the Necanicum River. Strong rental history with excellent occupancy, including 3 established long-term occupants and 1 newer occupant for income potential. Recent improvements include a full Unit 4 renovation (2025), Unit 1 renovation (2021), Unit 3 renovation (2019), new exterior doors (2024), and new windows in 3 units (2024). Unit 2 offers upside potential with original finishes. Excellent opportunity for a 1031 exchange, portfolio expansion, or coastal multifamily investment next to downtown shops, restaurants, and attractions.
Features of 461 S Downing St
| MLS® # | 360988267 |
|---|---|
| Price | $900,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,216 |
| Acres | 0.11 |
| Year Built | 1968 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 461 S Downing St |
|---|---|
| Area | 186 - Clatsop Co: Seaside Southwest |
| City | Seaside |
| County | Clatsop |
| State | OR |
| Zip Code | 97138 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | Off Street, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Zoned |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | T-111 Siding |
|---|---|
| Lot Description | Level |
| Roof | Membrane |
| Foundation | Slab |
School Information
| Elementary | Pacific Ridge |
|---|---|
| Middle | Seaside |
| High | Seaside |
Additional Information
| Date Listed | April 9th, 2026 |
|---|---|
| Days on Market | 164 |
| Zoning | R3 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty LLC |
|---|