462 Sw Coast Ave, Depoebay, Oregon 97341

OR, Depoe Bay
$464,000
  • 0.20 Acre
  • MultiFamily Property Type
  • 1940 Year Built
  • Closed Status
Steven Meyer
Steven Meyer Realtyna
  • (302) 525 8222
  • Steven.m@realtyna.net
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
Property Description

Excellent investment opportunity in the heart of Depoe Bay. Extensively renovated by current owners and excellent rental history. This is an ocean view duplex that comes with an expansive lot for all kinds of additional potential. Each side is 2 bed 1 bath with their own laundry. The southern unit has an additional sleeping loft and is currently vacant/easy to show. Other unit will be vacant 11-1. Projected rent $1650+ a side. Ideal location with direct access to the boat harbor and a few blocks to shops and restaurants of Depoe Bay. The neighborhood has its own whale lookout you can stroll to! Depoe Bay is the whale watching capital of the Oregon Coast but it’s also strategically located in between two great towns of Lincoln City and Newport. Off the highway and one row back from the ocean so the sound of the waves will lull you to sleep. The city previously approved the addition of a 3rd unit. Large lot with split yards and storage shed in back.

Basic Details
  • Property Type: MultiFamily
  • Listing Type: For Sale
  • Listing ID: 402317523
  • Price: $464,000
  • Year Built: 1940
  • Lot Area: 0.20 Acre
  • Roof: Composition
  • Office Name: Cascade Hasson Sotheby's International Realty
  • Agent Name: Josh Reed
  • Office Phone: 541-241-3405
  • Listing Status: Closed
Features
  • Heating System Zoned,Wall Heater
  • Cooling System Mini Split
  • Basement Crawl Space
  • Parking Driveway,On Street
  • Sewer Public Sewer
Address Map
  • Country US
  • State OR
  • County Lincoln
  • City Depoe Bay
  • Zipcode 97341
  • Street: COAST
  • Street Number: 462
  • Street Suffix: AVE
  • Longitude: W125° 56' 15.8''
  • Latitude: N44° 48' 21.3''
  • Zoning: R-4
  • Mls Area Major: _200
  • Street Dir Prefix: SW
Neighborhood
  • Elementary School: Sam Case
  • High School: Taft
  • Middle School: Taft
Additional Information
  • Water Source: Public Water
  • Foundation Details: Concrete Perimeter
  • Lot Features: Cleared,Level,Ocean Beach One Quarter Mile Or Less
  • Number Of Units Total: 2
  • On Market Date: 2025-08-30
  • Previous Price: 485000
  • Rent Includes: Trash Collection, Water
  • Stories: 1
Listing Information
  • Listing Term: Cash, Conventional
  • Mls Status: Sold
  • Modification Timestamp: 2025-12-08T03:57:23Z
  • Originating System Name: RMLS
  • Status Change Timestamp: 2025-12-07T19:57:23Z
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Last updated on 02/18/2026 7:07