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Listing provided courtesy of XP Realty LLCMLS# 544501398MLS Provider
  • 80 days on site
  • 1 views

Rare Multi-Family Investment with Clear Upside. Add a high-performing asset to your portfolio with this fully occupied fourplex. Currently operating with strong financials and reliable tenants, this property offers an immediate value-add avenue: the current owner pays utilities, providing the new buyer a clear path to significantly boost yield through a phased utility recovery rollout. Expand Your Footprint: Looking for more doors? The identical neighboring fourplex is also hitting the market, allowing a savvy investor to secure an 8-unit footprint in one transaction. along with a high-performing Seaside duplex.. Drive by only and please respect tenant privacy'do not walk the grounds or disturb residents. Interior showings will be scheduled following an accepted offer. Seller is a licensed Oregon real estate agent.

Source: Regional MLS, MLS#: 544501398

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  • Property Type
    Residential Income
  • Lot
    0.44 acres

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DEVIN DRABANDT

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  • Median Age
    42
  • Population Density
    167
  • College Educated
    32%
  • Estimated Median Income
    $76,750
  • Estimated Total Home Owners
    1,720
  • Estimated Total Renters
    875
  • Owner / Renter Divide
    66% / 34%
  • Estimated Average Household Size
    3
  • Total Population
    6,980
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1611 SE WILLOW DR

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/6/2026Source: Regional MLS Status Change
Pending
4/10/2026Source: Regional MLS Added to Database
April 10, 2026