542 Pacific Ave, Brookings, Oregon 97415

OR, Brookings
$979,000
  • 0.34 Acre
  • MultiFamily Property Type
  • 1951 Year Built
  • Active Status
Steven Meyer
Steven Meyer Realtyna
  • (302) 525 8222
  • Steven.m@realtyna.net
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
Property Description

Rare and Unique Investment Opportunity in the Heart of Brookings! This centrally located apartment complex offers an exceptional opportunity for investors. The property features 8 units, a 2-car detached garage, and 3 storage units, all on site. The landlord currently covers water, sewer, and garbage services as part of the monthly rent. This property is currently producing over $6,800.00 in gross monthly revenue. The potential for increase is excellent, as several units are renting below market rates. Residents also enjoy access to a shared coin-operated laundry facility for added convenience. Key improvements include a new roof installed in September 2015, a sewer main replacement completed in February 2008 and a fresh paint job of the exterior of the building in 2025, ensuring long-term value and reliability. Ideally situated within walking distance of downtown shops, restaurants, the movie theater, and the beach, this property offers excellent accessibility and appeal for tenants. Call today to schedule your private showing! Please note: Square footage is approximate and should be verified by the buyer.

Basic Details
  • Property Type: MultiFamily
  • Listing Type: For Sale
  • Listing ID: 24230606
  • Price: $979,000
  • Year Built: 1951
  • Lot Area: 0.34 Acre
  • Roof: Composition
  • Office Name: RE/MAX Coast and Country
  • Agent Name: Lindsay Coatney
  • Contact By: 541-412-9535
  • Office Phone: 541-412-9535
  • Listing Status: Active
Features
  • Heating System Wall Heater
  • Cooling System None
  • Basement None
  • Parking Assigned,Paved
  • Sewer Public Sewer
Address Map
  • Country US
  • State OR
  • County Curry
  • City Brookings
  • Zipcode 97415
  • Street: PACIFIC
  • Street Number: 542
  • Street Suffix: AVE
  • Longitude: W125° 43' 9''
  • Latitude: N42° 3' 18.4''
  • Zoning: R3
  • Mls Area Major: _270
Neighborhood
  • Elementary School: Kalmiopsis
  • High School: Brookings-Harbr
  • Middle School: Azalea
Additional Information
  • Water Source: Public Water
  • Building Size: 5134
  • Community Features: Laundry
  • Foundation Details: Slab
  • Garage: 2.0
  • Lot Features: Level,Commons
  • Number Of Units Total: 8
  • On Market Date: 2025-06-06
  • Previous Price: 999000
  • Rent Includes: Sewer, Trash Collection, Water
  • Stories: 1
Listing Information
  • Co List Agent Full Name: Heather O'Connor
  • Co List Office Name: RE/MAX Coast and Country
  • Listing Term: Cash, Conventional
  • Mls Status: Active
  • Modification Timestamp: 2025-11-26T21:45:45Z
  • Originating System Name: RMLS
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Last updated on 02/19/2026 8:26