Nestled in the heart of Rockaway Beach, Oregon, The Blue Octopus is a thriving boutique 6 unit hotel offering a collection of charming, retro-inspired cottages just off the beach. With ocean views and beach access right outside your door, this profitable property presents an incredible investment opportunity. Bright, clean, and cozy, each unit provides a comfortable retreat with unique decor that keeps guests returning time and again. Experience the perfect blend of comfort, charm, and coastal beauty at The Blue Octopus—your home away from home in Rockaway Beach and a lucrative business venture.
Active
Price cut: $51K (5/10)
$1,699,000
105 S 6th Ave, Rockaway Beach, OR 97136
6beds
3,205sqft
:
Get pre-qualified$11,065/mo
Multi Family
Built in 1922
-- sqft lot
$-- Zestimate®
$530/sqft
$-- HOA
What's special
Comfortable retreatOcean viewsUnique decorCharming retro-inspired cottages
- 153 days |
- 419 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Catherine Lewis catherine@orcoastrealty.com,
Keller Williams Sunset Corridor
Source: RMLS (OR),MLS#: 347705470
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Wall Furnace
Cooling
- Wall Unit(s)
Appliances
- Included: Range, Refrigerator, Microwave, Electric Water Heater
Features
- Basement: Crawl Space
Interior area
- Total structure area: 3,205
- Total interior livable area: 3,205 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: Creek/Stream, Ocean
- Has water view: Yes
- Water view: Creek/Stream,Ocean
Lot
- Size: 5,227 Square Feet
- Features: Ocean Beach One Quarter Mile Or Less, SqFt 5000 to 6999
Details
- Parcel number: 14512
- Zoning: RK-R-R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Rockaway Beach
Financial & listing details
- Price per square foot: $530/sqft
- Annual tax amount: $3,840
- Date on market: 2/26/2026
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/10/2026 | Price change | $1,699,000-2.9%$530/sqft |
Source:  RMLS (OR) #347705470 Report a problem | ||
| 4/20/2026 | Price change | $1,750,000-5.4%$546/sqft |
Source: RMLS (OR) #347705470 Report a problem | ||
| 11/14/2025 | Listed for sale | $1,850,000-2.6%$577/sqft |
Source: Tillamook County BOR #25-595 Report a problem | ||
| 4/15/2025 | Listing removed | $1,900,000$593/sqft |
Source: Tillamook County BOR #25-25 Report a problem | ||
| 1/23/2025 | Listed for sale | $1,900,000+22.6%$593/sqft |
Source: Tillamook County BOR #25-25 Report a problem | ||
| 8/22/2023 | Sold | $1,550,000-6.1%$484/sqft |
Source: RMLS (OR) #23082497 Report a problem | ||
| 6/19/2023 | Pending sale | $1,650,000$515/sqft |
Source: RMLS (OR) #23082497 Report a problem | ||
| 6/17/2023 | Listed for sale | $1,650,000+210.2%$515/sqft |
Source: RMLS (OR) #23082497 Report a problem | ||
| 6/28/2019 | Sold | $532,000-3.3%$166/sqft |
Source:  OCMLS #TC-16495 Report a problem | ||
| 2/11/2019 | Pending sale | $550,000$172/sqft |
Source: All Professionals North Coast #17-414 Report a problem | ||
| 11/16/2018 | Price change | $550,000-14.7%$172/sqft |
Source: All Professionals North Coast #17-414 Report a problem | ||
| 6/8/2018 | Pending sale | $645,000$201/sqft |
Source: All Professionals North Coast #17-414 Report a problem | ||
| 11/7/2017 | Listed for sale | $645,000$201/sqft |
Source: All Professionals Real Estate #17304073 Report a problem | ||
| 10/28/2017 | Pending sale | $645,000$201/sqft |
Source: All Professionals Real Estate #17304073 Report a problem | ||
| 3/4/2017 | Price change | $645,000-7.2%$201/sqft |
Source: RE/MAX HomeSource-Rockaway #16692218 Report a problem | ||
| 12/15/2016 | Listed for sale | $695,000$217/sqft |
Source: RE/MAX HomeSource-Rockaway #16692218 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 97136
Nearby schools
GreatSchools rating
- 8/10Garibaldi Elementary SchoolGrades: PK-5Distance: 3.4 mi
- 7/10Neah-Kah-Nie Middle SchoolGrades: 6-8Distance: 2.4 mi
- 3/10Neah-Kah-Nie High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Garibaldi
- Middle: Neah-Kah-Nie
- High: Neah-Kah-Nie
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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