# 461 S DOWNING St, Seaside, OR 97138

> **TL;DR:** 8bd/4ba residential multi family, $900,000 ($280/sqft), built 1968, 3,216 sqft. Est. $4,814/mo. Listed 158 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $900,000 |
| Price/sqft | $280 |
| Bedrooms | 8 |
| Bathrooms | 4 full |
| Square Feet | 3,216 |
| Year Built | 1968 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 158 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,551 |
| Estimated Insurance | $263 |
| **Total** | **$4,814** |

## Nearby Schools

- **Elementary:** Pacific Ridge
- **Middle:** Seaside
- **High:** Seaside

## Property Highlights

- Built in 1968
- 0.11 acre lot
- 2 stories

## Description

### Agent Description
Well-maintained 4-plex investment property in the heart of Seaside on a level 50' x 100' lot, just 3 blocks to the beach and 2 blocks to the Necanicum River. Strong rental history with excellent occupancy, including 3 established long-term occupants and 1 newer occupant for income potential. Recent improvements include a full Unit 4 renovation (2025), Unit 1 renovation (2021), Unit 3 renovation (2019), new exterior doors (2024), and new windows in 3 units (2024). Unit 2 offers upside potential with original finishes. Excellent opportunity for a 1031 exchange, portfolio expansion, or coastal multifamily investment next to downtown shops, restaurants, and attractions.

## Location

- **Address:** 461 S DOWNING St, Seaside, OR 97138
- **County:** Clatsop
- **Coordinates:** 45.991075, -123.927312
- **Google Maps:** https://www.google.com/maps?q=45.991075,-123.927312

## Listing Agent

- **Name:** Bree Phillips
- **Brokerage:** EXP REALTY LLC
- **Phone:** 5034407679
- **Broker Phone:** (888) 814-9613
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/461-S-Downing-St_Seaside_OR_97138_M24227-48665?f=listhub&s=RMLSOR&m=360988267&c=propsimple)

## Photos

![461 S DOWNING St - Photo 1](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f2989796419r.jpg)

![461 S DOWNING St - Photo 2](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f2295269599r.jpg)

![461 S DOWNING St - Photo 3](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f267224267r.jpg)

![461 S DOWNING St - Photo 4](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f1831299607r.jpg)

![461 S DOWNING St - Photo 5](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f1402618325r.jpg)

![461 S DOWNING St - Photo 6](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f950668456r.jpg)

![461 S DOWNING St - Photo 7](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f3848668979r.jpg)

![461 S DOWNING St - Photo 8](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f993241656r.jpg)

![461 S DOWNING St - Photo 9](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f3183055768r.jpg)

![461 S DOWNING St - Photo 10](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f1877794895r.jpg)

![461 S DOWNING St - Photo 11](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f2530242121r.jpg)

![461 S DOWNING St - Photo 12](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f1744086863r.jpg)

![461 S DOWNING St - Photo 13](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f3456082974r.jpg)

![461 S DOWNING St - Photo 14](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f3304117001r.jpg)

![461 S DOWNING St - Photo 15](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f2801001155r.jpg)

![461 S DOWNING St - Photo 16](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f2414746655r.jpg)

![461 S DOWNING St - Photo 17](http://lh.rdcpix.com/70ba225d936f3d0f37d1b6d3966a5b82l-f3007600690r.jpg)

---

**MLS#:** 360988267 | **Updated:** 2026-07-02
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/461-s-downing-st-seaside-or-97138-60988267)

---

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