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480 Highway 101, 
Rockawaybeach, OR 97136

$1,100,000


Bed


Bath


7,538

Sq Ft


Multi-Family

Active

Listed by

Marjorie Wells

Legend Real Estate Services

503-502-9678

Last updated:

May 1, 2025, 11:25 AM

MLS#

756317164

Source:

PORTLAND

About This Home

480 Highway 101

A 7.37% cap rate with an on-site manager with gross monthly income of $10,043. An 11-unit apartment plus retail and garage rental. Additional income includes Studio income of $650 a month, retail space income of $1100 a month, laundry income of $580 a year, and garage income of $100 a month. The building has a new roof, with siding, exterior paint, and windows, which were replaced within the last 10 years with foundation improvements. Do not disturb tenants.

Home Facts

Multi-Family

Built in 1912

Price Summary

1,100,000

$145 per Sq. Ft.

MLS #:

756317164

Last Updated:

May 1, 2025, 11:25 AM

Added:

3 month(s) ago


Rooms & Interior

Interior

Living Area:

7,538 Sq. Ft.


Structure

Structure

Building Area:

7,538 Sq. Ft.

Year Built:

1912


Lot

Lot Size (Sq. Ft):

13,503


Finances & Disclosures

Finances

Price:

$1,100,000

Price per Sq. Ft:

$145 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Coldwell Banker Professional Group are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: May 1, 2025

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