# 461 S DOWNING St, Seaside, OR 97138

> **TL;DR:** 8bd/4ba residential multi family, $935,400 ($291/sqft), built 1968, 3,216 sqft. Est. $4,053/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $935,400 |
| Price/sqft | $291 |
| Bedrooms | 8 |
| Bathrooms | 4 full |
| Square Feet | 3,216 |
| Year Built | 1968 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,053 |
| **Total** | **$4,053** |

## Nearby Schools

- **Elementary:** Pacific Ridge
- **Middle:** Seaside
- **High:** Seaside

## Property Highlights

- Built in 1968
- 0.11 acre lot
- 2 stories

## Description

### Agent Description
This well-maintained 4-plex sits on a flat, 50' x 100' lot in the heart of downtown Seaside. Located just 3 blocks from the beach and 2 blocks from the Necanicum River, the property is an attractive location for long term or mid-term occupants. Seaside's economy supports both long-term rentals and mid-term rentals, making this a versatile asset for investors seeking resilient cash flow. Proven rental track record with excellent occupancy history. Three long-term occupants in place and one newer occupant giving reliable income with minimal vacancy. Ideal for 1031 exchange buyers, portfolio expansion, or hands-on investors looking to add value through minor cosmetic tweaks. Unit 4 fully renovated in 2025, Unit 1 renovated in 2021, Unit 3 renovated in 2019 and Unit 2 remains original. All new exterior doors across the property (2024). New windows installed on three units in 2024 (Unit 4 windows remain functional.

## Location

- **Address:** 461 S DOWNING St, Seaside, OR 97138
- **County:** Clatsop
- **Coordinates:** 45.991075, -123.927312
- **Google Maps:** https://www.google.com/maps?q=45.991075,-123.927312

## Listing Agent

- **Name:** Bree Phillips
- **Brokerage:** eXp Realty LLC
- **Phone:** 5034407679
- **Email:** bree@liveastoria.com

## Primary Photo

![461 S DOWNING St - Primary Photo](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f2295269599r.jpg)

*7 total photos available on [listing page](https://www.propertysimple.com/listing/461-s-downing-st-seaside-or-97138-60988267)*

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**MLS#:** 360988267 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/461-s-downing-st-seaside-or-97138-60988267)

---

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