2149 S Edgewood ST
Seaside, Oregon OR 97138
$1,500,000 Price
Active Status
22512077 Listing ID
Fantastic opportunity to own an investment in Seaside, near the beach and golf course on an oversize lot zoned R3.
Schedule Showing
Status Active
County Clatsop
Year Built 1943
Property Type Multi Family
Multi Family
Mark Popkin
Address: 1580 N Roosevelt Dr.
City: Seaside
State/Province: OR
Zipcode: 97138
Office Phone: 503-739-7192
Office Fax: 503-738-5740

Primary Features

County: Clatsop
Property Type: Multi Family
Year Built: 1943
Zoning: R3


Basement: None
Cooling: no
Heating: yes
Heating Type: Baseboard
Unit Type: 1, 2, 3
Unit Type 1 Area: 500
Unit Type 1 Baths Total: 1
Unit Type 1 Beds Total: 1
Unit Type 1 Features: Unfurnished
Unit Type 2 Area: 800
Unit Type 2 Baths Total: 1
Unit Type 2 Beds Total: 2
Unit Type 2 Features: Unfurnished
Unit Type 3 Area: 500
Unit Type 3 Baths Total: 1
Unit Type 3 Beds Total: 1
Unit Type 3 Features: Unfurnished


Attached Garage: no
Exterior Description: Cedar, Cement Siding
Fuel Description: Electricity
Lot Features: Ocean Beach 1/4 Mile or Less
Lot Size Range: 15, 000 to 19, 999 SqFt
Number Of Units Total: 8
Parking Features: Garage(s), Open
Property Attached: no
Road Surface Type: Paved
Sewer: Public Sewer
Unit Type 1 Units Total: 5
Unit Type 2 Units Total: 2
Unit Type 3 Units Total: 1
View: no
Water Source: Public Water


Community Features: Laundry
Country: US
Directions: Ave U to Edgewood
Middle Or Junior School: Seaside
MLS Area Major: Clatsop Co: Seaside Southwest


Green Certification: no
Open House: no
Supplement Number: 1
Third Party Approval: no


Bank Owned: no
Capitalization Rate: 4.53
Current Price For Status: 1500000
Gross Income: 103000
Gross Rent Multiplier: 14.56
Listing Terms: Call Listing Agent
Net Operating Income: 68000
Operating Expense: 35000
Rent Includes: Trash Collection, Water
Short Sale: no
Tax Annual Amount: 6617.18
Tax Year: 2021
Unit Type 1 Actual Rent: 850
Unit Type 2 Actual Rent: 1600
Unit Type 3 Actual Rent: 1200

Zoning Info

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Popkin Real Estate, LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2022 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated: Friday, December 2nd, 2022 at 11:25:40 AM.
#IDX-primaryPhoto,#idx-details-header Listed by: Popkin Real Estate, LLC (503) 440-4200

Contact - Listing ID 22512077

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Mark Popkin

1580 N Roosevelt Dr.
Seaside, OR 97138
Fax: 503-738-5740

Data services provided by IDX Broker