Private garagesTownhouse-style unitsHigher-end finishesFire sprinkler system
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!
113 days
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153
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4
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Zillow last checked:
Listing updated:
Listed by:
Cheryl Johnson503-741-0007,
Realty One Group Prestige
Source: RMLS (OR),MLS#: 201694355
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 12
Full bathrooms: 8
Partial bathrooms: 4
Heating
Forced Air, Fireplace(s)
Cooling
None
Appliances
Included: Dishwasher, Range, Washer/Dryer, Electric Water Heater, Tank Water Heater
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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