Located just a stone's throw from the beach via a convenient trail, this nearly new duplex offers an exceptional investment opportunity. With transferable short-term rental permits for each unit, this property is ideal for those seeking a prime coastal location. Each unit features four spacious bedrooms and three full bathrooms, providing ample space for your family or guests. With plenty of parking available, you can easily explore the beach or nearby attractions. Approximately 90 minutes from PDX, this duplex presents a fantastic chance to capitalize on the growing demand for coastal real estate.
Investment opportunity in Rockaway Beach! Discover this custom, well-designed duplex, thoughtfully built in 2022. Both units have Vacation rental licenses and are transferrable. Selling fully furnished ready to rent! This property offers both convenience and community on the Oregon Coast. Each unit features 3 bedrooms, 2.5 bathrooms, and 1-car garages complete with modern features such as granite countertops and maple kitchen cabinets. Enjoy outdoor living with private patios that enhance your space. Your deck looks over Lake Marie which is a serene setting. Easy walk to downtown Rockaway Beach for fun, food and shopping. The walk to the beach is less than 5 minutes with 7 miles of sandy beaches.The Port of Garibaldi is 5 minutes away with fishing and crabbing waiting for you. You'll have easy access to all that the area offers, whether it's a day of hiking, fishing, or simply relaxing on the beach. Thoughtfully designed with front entries separated by a garage, this duplex offers a sense of personal space, making it great for full-time living or investment. The open-concept design in each unit offers a natural flow between kitchen, dining, and living areas. Live in one unit & rent the other or make both an investment. Engineered hardwood and solid interior doors and to the quality of this coastal investment. See attached document with list of other amenities.
Passionate about Passive Income? Newer Rockaway duplex, long-term rental. Currently $2550 gross monthly rental receipts. Rented nearly 100% of the time over the last 19 years. Upper unit has12-month lease, lower unit is month-to-month. Tenants pay for all utilities. Each 865 square feet, each 2 bedrooms/1 full bath. Double closets in the larger, main bedroom. Newer carpets & flooring. Each unit has 2-year-old washer/dryer sets & refrigerators, dishwashers, built-in microwaves, & range/ovens. Lots of room in the kitchen cabinets. Quiet area 12 blocks to the beach. Out of flood and tsunami zones. Low maintenance grounds. Gravel parking area for 4 vehicles. Well maintained. Great investment!
Investment property with many options! Room to build a large (ocean view) building up to 45 feet. Fully rented triplex (on a separate tax lot) completely remodeled @ 2 years ago - electrical, plumbing, and interior finishes "like new" sold together with a 2bd 1 bath home (w/new electrical panel) on a large .023 acre commercially zoned ocean view parcel. Sold together as one parcel with two tax lots OR available separately. Room to expand! Build up to 45' for outstanding ocean views. All units have washer/dryer units. Tenant occupied. PURCHASE TRIPLEX SEPARATELY FOR $499,000 OR THE 2BD/1BA HOME SEPARATELY $350,000.Each on their own tax lots.
The median home value in Rockaway Beach, OR is $456,200. This is lower than the county median home value of $474,000. The national median home value is $338,100. The average price of homes sold in Rockaway Beach, OR is $456,200. Approximately 22.91% of Rockaway Beach homes are owned, compared to 7.87% rented, while 69.22% are vacant. Rockaway Beach real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rockaway Beach real estate agent to arrange a tour today!
Rockaway Beach, Oregon 97136 has a population of 1,456. Rockaway Beach 97136 is more family-centric than the surrounding county with 22.38% of the households containing married families with children. The county average for households married with children is 20.38%.
The median household income in Rockaway Beach, Oregon 97136 is $50,556. The median household income for the surrounding county is $55,730 compared to the national median of $69,021. The median age of people living in Rockaway Beach 97136 is 46.6 years.
The average high temperature in July is 67.6 degrees, with an average low temperature in January of 38.1 degrees. The average rainfall is approximately 96.3 inches per year, with 4.8 inches of snow per year.