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31530653
31530654

259 S Pacific Street, Rockaway Beach, OR 97136

RP
OR 201234218
Real Broker
Listed by Real Broker
$1,850,000
60 days on market
Updated 59 days ago
Opportunity zone

259 S Pacific Street

Details
APN 2N1032CC10700
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,300
Units 4
Year Built 1945
Buildings 2
Acreage 0.550
Zoning C-1 Commercial
Parking Spaces 3 spaces
Parking Per SqFt 0.91

Multifamily | 4 Units

Marketing description

A stone's throw away from the beach, this rare oceanfront gem in the peaceful coastal town of Rockaway Beach offers the perfect opportunity for both an investment opportunity and a family retreat. At the heart of the property is a large single family home with 3 bedrooms and 3 baths on one level and an attached ADU with a transferable short term rental license and an additional 3 bedrooms and 2 baths; ideal for multigenerational living. Adjacent to the main home is a charming duplex, each side featuring its own private 1-bedroom, 1-bathroom layout. The property had major updates to bathrooms, systems and appliances in 2020, new 2025 roof on the duplex, and also added a stunning sunroom with 180 degree oceanfront views—a show-stopping space for guests or owners to relax and unwind. An oversized garage adds incredible value, with ample room for a workshop, extra storage, or even the potential to convert into an additional rental unit. And with its commercial zoning, the property presents development possibilities—potentially accommodating 6 to 12 condominium units. Whether you're seeking a high-performing short-term rental portfolio, a multi-family coastal escape, or a development-ready investment, 259 S Pacific St is a rare chance to own prime oceanfront real estate in one of Oregon's most laid-back beach communities. Don't miss this unique opportunity.
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Listing Contacts

RP
OR 201234218
Real Broker
Listed by Real Broker

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Additional Information

Name
Ryan Purdy
License
201234218
Brokerage
Real Broker
Title
Real Estate Broker
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