Closed

$450,000

460/462 SW Coast Ave, Depoe Bay, OR 97341

4beds

2baths

1,066sqft

Duplex

Built in 1940

-- sqft lot

$432,800 Zestimate^®

$422/sqft

$1,392 Estimated rent

Home value

$432,800

$364,000 - $515,000

$1,392/mo

Zestimate^® history

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$1,392/mo

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$1,392/mo

Rent Zestimate^®

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$2,745/mo

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$2,745/mo

Est. payment

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What's special

Excellent investment opportunity in the heart of Depoe Bay. Extensively renovated by current owners and excellent rental history. This is an ocean view duplex that comes with an expansive lot for all kinds of additional potential. Each side is 2 bed 1 bath with their own laundry. The southern unit has an additional sleeping loft and is currently vacant/easy to show. Other unit will be vacant 11-1. Projected rent $1650+ a side. Ideal location with direct access to the boat harbor and a few blocks to shops and restaurants of Depoe Bay. The neighborhood has its own whale lookout you can stroll to! Depoe Bay is the whale watching capital of the Oregon Coast but it's also strategically located in between two great towns of Lincoln City and Newport. Off the highway and one row back from the ocean so the sound of the waves will lull you to sleep. The city previously approved the addition of a 3rd unit. Large lot with split yards and storage shed in back.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Has Heating (Unspecified Type)

Cooling

Has cooling: Yes

Appliances

Included: Dryer, Gas Oven, Gas Range, Microwave, Washer, Water Heater

Features

Vaulted Ceiling(s)
Flooring: Carpet, Vinyl
Has basement: No

Interior area

Total structure area: 1,066
Total interior livable area: 1,066 sqft

Property

Parking

Total spaces: 4

Features

Levels: One and One Half
Stories: 1.5
Has view: Yes
View description: Forest

Lot

Size: 8,712 Square Feet

Details

Parcel number: 091108BD310000
Zoning description: R-4 Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Shake Siding, Cedar, Lap Siding, Shingle Siding, T1-11 Type
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Water Available

Community & HOA

Community

Subdivision: Breakers Addn to Depoe Bay

HOA

Has HOA: No

Location

Region: Depoe Bay

Financial & listing details

Price per square foot: $422/sqft
Annual tax amount: $2,195
Date on market: 8/23/2025
Listing terms: 1031 Exchange,Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
12/5/2025	Sold	$450,000-3%$422/sqft
Source: OCMLS #LC-104707 Report a problem
10/26/2025	Pending sale	$464,000$435/sqft
Source: OCMLS #25-1911 Report a problem
10/17/2025	Price change	$464,000-4.3%$435/sqft
Source: OCMLS #25-1911 Report a problem
9/25/2025	Price change	$485,000-2.8%$455/sqft
Source: OCMLS #25-1911 Report a problem
8/23/2025	Listed for sale	$499,000-14%$468/sqft
Source: OCMLS #25-1911 Report a problem
8/22/2022	Listing removed	--
Source: OCMLS #22-1309 Report a problem
6/24/2022	Listed for sale	$580,000$544/sqft
Source: OCMLS #22-1309 Report a problem