INCREDIBLE OPPORTUNITY in Rockaway Beach! This updated 7 unit coastal hotel is ideally located just across the street from easy beach access, making it highly desirable for vacationers seeking the ultimate Oregon Coast experience. Recent improvements elevate both comfort and functionality while maintaining the property's inviting coastal charm. The hotel offers multiple room styles and flexible layouts, appealing to a wide range of guests and maximizing rental potential. Outdoor amenities create a true gathering space, featuring a cozy fire pit for evening relaxation, a covered gazebo for year round enjoyment, and a sandy yard perfect for kids to play and explore. With the beach only steps away, guests can effortlessly enjoy ocean walks, stunning sunsets, and classic seaside activities, all within minutes of their rooms. Also, the quaint, beach town of Rockaway Beach is an easy walk and just a few block away. This turnkey hospitality property is well positioned for strong guest demand and repeat bookings. A rare chance to own a Rockaway Beach investment property offering excellent beach proximity, versatile outdoor spaces, and proven vacation appeal ideal for investors seeking a coastal hotel, short-term rental, or boutique lodging opportunity in one of the Oregon Coast's most popular destinations.
Active
Price cut: $110K (7/14)
$1,290,000
432 Us Highway 101 S, Rockaway Beach, OR 97136
12beds
4,305sqft
:
Get pre-qualified$8,374/mo
MultiFamily
Built in 1940
-- sqft lot
$-- Zestimate®
$300/sqft
$-- HOA
What's special
Excellent beach proximityBeach only steps awayVersatile outdoor spacesInviting coastal charm
- 114 days |
- 250 |
- 13 |
Zillow last checked:
Listing updated:
Listed by:
Kristi Moore 503-801-4533,
Rob Trost Real Estate - Tillam
Source: OCMLS,MLS#: 26-877
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 9
- Full bathrooms: 8
Heating
- Electric, Heat Pump
Cooling
- Ductless, Electric
Appliances
- Included: Electric Range, Microwave, Refrigerator
- Laundry: Upper Level
Features
- Flooring: Vinyl
- Windows: Vinyl Frames, Blinds
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,305
- Total interior livable area: 4,305 sqft
- Finished area above ground: 4,305
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Additional Parking, Off Street, Gravel
Features
- Levels: Two
- Stories: 2
- Exterior features: Fire Pit, Courtyard
- Fencing: Partial
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 0.32 Acres
- Features: Level
Details
- Additional structures: Gazebo
- Additional parcels included: 1N1005BB-10102
- Parcel number: 1N1005BB10103
- Zoning description: C-1 Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
Materials
- Block, Frame, Shingle Siding
- Foundation: Block, Concrete Perimeter, Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1940
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected, Phone Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Elmore Park
HOA
- Has HOA: No
Location
- Region: Rockaway Beach
Financial & listing details
- Price per square foot: $300/sqft
- Annual tax amount: $5,532
- Date on market: 4/7/2026
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,122/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/14/2026 | Price change | $1,290,000-7.9%$300/sqft |
Source:  OCMLS #26-877 Report a problem | ||
| 4/7/2026 | Listed for sale | $1,400,000$325/sqft |
Source: OCMLS #26-877 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: 3.5 mi
- 7/10Neah-Kah-Nie Middle SchoolGrades: 6-8Distance: 2.3 mi
- 3/10Neah-Kah-Nie High SchoolGrades: 9-12Distance: 2.1 mi
- $--7,840 Square Feet432 Highway 101 S, Rockaway Beach, OR 97136Off Market
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- $416,7004 bd4 ba-- sqft411 S Anchor St #413-417-419, Rockaway Beach, OR 97136Off Market
- $471,7004 bd4 ba1.5k sqft411 S Anchor St, Rockaway Beach, OR 97136Off Market
- $690,1004 bd4 ba2.5k sqft454 Highway 101 S, Rockaway Beach, OR 97136Off Market
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