About 103 Washington St
ALL UNITS RENTED - Astoria Cape Cod Triplex, $48K gross annual rent - 10.8 GRM at asking. All 3 units recently remodeled; rent includes all utilities. Top floor unit: 1 BD/1 BA with panoramic city, river and Megler Bridge views. Two studio units below, one on each floor. Zoned R3, eligible for licensed owner-occupied home stay lodging per City of Astoria. Estimated NOI ~ $38K, cap rate ~7.3% at asking price. Built in 1900 with a total 2,016 sq ft on 3 stories. 3 off-street parking spaces via driveway. Below average GRM for Astoria's multi-family market. Turnkey income with a documented path to STR conversion for an owner-occupant buyer. Owner financing options available!
Features of 103 Washington St
| MLS® # | 685356226 |
|---|---|
| Price | $519,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,016 |
| Acres | 0.06 |
| Year Built | 1900 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 103 Washington St |
|---|---|
| Area | 180 - Clatsop Co: Astoria |
| Subdivision | Union Town |
| City | Astoria |
| County | Clatsop |
| State | OR |
| Zip Code | 97103 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Parking | Driveway, Off Street |
| View | City, Ocean, River |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air - 90%, Wall Heater |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Exterior | Cedar, Shake Siding, Shingle Siding, Wood Siding |
|---|---|
| Lot Description | Flag Lot, Hilly, Level |
| Roof | Composition, Shingle |
School Information
| Elementary | Astoria |
|---|---|
| Middle | Astoria |
| High | Astoria |
Additional Information
| Date Listed | July 16th, 2026 |
|---|---|
| Days on Market | 66 |
| Zoning | R3 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Proud Realty LLC |
|---|---|
| Contact Info | 503-724-5552 |