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Coming soon/no showing 07/17
  • $1,500,000

    3096 Highway 101 N, Gearhart, OR 97138

    12beds
    6,872sqft
    : 
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    Multi Family
    Built in 2019
    -- sqft lot
    $-- Zestimate®
    $218/sqft
    $-- HOA

    What's special

    Coming soon to the market, this exceptional multi-family investment property in desirable Gearhart. Thoughtfully designed, built in 2019 with quality craftsmanship, durability and low maintenance in mind making it an attractive addition to any investment portfolio. Four spacious 1,718 sq ft units with 3 bedrooms, 2-1/2 bathrooms each. Every unit has an appealing modern aesthetic with 9ft ceilings bringing in lots of natural light and use of materials such as quartz countertops in the kitchen and bathrooms, stainless steel appliances and engineered hardwood flooring. The kitchen offers a walk-in pantry as well as an island with extra seating space for 3-4. The layout of each unit makes the most of its usable space with an open first floor, efficient design and all bedrooms and two full bathrooms on the second story. Primary bedroom has an en suite bathroom with a walk-in shower and dual sinks. Each townhome-style unit has a private driveway, a one car garage and stackable washer/dryer. Additional parking spaces available on site. Each unit opens to a private fenced-in patio and backyard. This turnkey investment property is ideally situated near north coast amenities. Convenient to the beach, restaurants, shopping and recreational activities. This is an investment property that offers strong upside potential in an area that has experienced high demand for rental properties with hundreds of applications for available units. Strong rental history with documented tenant records available. Great opportunity for a hands-on investor, owner/occupant, investment portfolio or 1031 exchange.
    14 days
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    244
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    7
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    Zillow last checked:

    Listing updated:

    Listed by:

    Wendy Carpenter 503-502-7553,

    Windermere Heritage

    Source: RMLS (OR),MLS#: 351146141MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 12
      • Full bathrooms: 8
      • Partial bathrooms: 4
      Heating
      • Forced Air
      Appliances
      • Included: Range, Refrigerator, Washer/Dryer, Gas Water Heater
      Features
      • Flooring: Hardwood
      Interior area
      • Total structure area: 6,872
      • Total interior livable area: 6,872 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Attached, Off Street
      • Garage spaces: 4
      Features
      • Stories: 2
      Lot
      • Size: 0.43 Acres
      • Features: Level, SqFt 15000 to 19999
      Details
      • Parcel number: 9654
      • Zoning: R2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Cement Siding
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Existing
      • Year built: 2019

      Utilities & green energy

      • Gas: Gas
      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Features: All Landscaping
      • Security: Fire Sprinkler System
      HOA
      • Has HOA: No
      Location
      • Region: Gearhart

      Financial & listing details

      • Price per square foot: $218/sqft
      • Tax assessed value: $1,836,006
      • Annual tax amount: $7,577
      • Date on market: 7/17/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Total actual rent: 7200
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        2/28/2019Sold$102,700$15/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,577 -1.6%$693,683 +3%
        2024$7,703 +2.9%$673,479 +3%
        2023$7,487 +3.1%$653,864 +3%
        2022$7,263 -2%$634,820 +3%
        2021$7,414 +202.6%$616,331 +200.6%
        2020$2,450 $205,032 +115.9%
        2019$2,450 +115.2%$94,951 +3%
        2018$1,139 +3.8%$92,186 +3%
        2017$1,098 +2.7%$89,502 +3%
        2016$1,068 +15.8%$86,896 +3%
        2015$923 +3.4%$84,366 +3%
        2014$893 +5.2%$81,910 +3%
        2013$848 $79,525 +3%
        2012-- $77,210 +3%
        2011-- $74,963 +3%
        2010-- $72,781 +3%
        2009-- $70,663 +3%
        2008-- $68,606 +3%
        2007-- $66,609 +3%
        2006-- $64,670
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 97138

        Getting around

        30 / 100
        Car-Dependent
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Pacific Ridge
        • Middle: Seaside
        • High: Seaside

        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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