Listing provided courtesy of Realty One Group PrestigeMLS# 416531359MLS Provider
  • 98 days on site
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Rare opportunity to acquire a high-performing 4-unit coastal income property in a prime North Oregon Coast location near Fort Stevens and the Pacific Ocean. Owner financing available for a well qualified buyer with minimum 25% down. Newer construction offers the ideal combination of stable rental income, low maintenance and long-term appreciation potential. These townhouse-style units are larger than typical rentals, featuring private garages, patios, and higher-end finishes, all amenities that consistently attract quality, long-term tenants. As a result, vacancy is extremely low, with strong demand whenever a unit comes available. Built with durability and safety in mind, each unit includes a fire sprinkler system along with double six-inch separation walls extending to the roof, providing enhanced fire protection and peace of mind. A key advantage of this property is its future flexibility and multiple exit strategies. The units are constructed as townhomes, offering the potential to create four separate tax lots for individual resale. The location is exceptionally convenient'just minutes from Costco, Walmart, Home Depot, restaurants and 10'12 minutes to the beach. Warrenton is ideally positioned between Astoria's vibrant arts, dining and brewery scene and the coastal communities of Gearhart and Seaside, known for golf, surfing and outdoor recreation. The area continues to attract residents, retirees and remote workers, supporting consistent rental demand and long-term growth. This is a rare opportunity to own a well-built, low-maintenance 4-plex in a highly desirable coastal market with strong tenant appeal and future upside potential!

Source: Regional MLS, MLS#: 416531359

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  • Property Type
    Residential Income
  • Lot
    0.25 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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* 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 1524 SE HONEYSUCKLE LOOP


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
3/31/2026Source: Regional MLS Added to Database
March 31, 2026
3/23/2026Source: Regional MLS Added to Database
March 23, 2026