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Listed by XP Realty LLC

$825,000

Est. payment - /mo

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3,728 SqFt

Active

2045 SE AZALEA AVE Warrenton, OR 97146

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,728 sqft

Price per Sqft $221

MLS Listing ID 719825362

Year Built 2010

Annual Tax Amount $4,689

Tax Year 2025

Lot Size 10,454 Sqft

Property Description

Rare Multi-Family Investment with Clear Upside. Add a high-performing asset to your portfolio with this fully occupied fourplex. Currently operating with strong financials and reliable tenants, this property offers an immediate value-add avenue: the current owner pays utilities, providing the new buyer a clear path to significantly boost yield through a phased utility recovery rollout. Expand Your Footprint: Looking for more doors? The identical neighboring fourplex is also hitting the market, allowing a savvy investor to secure an 8-unit footprint in one transaction, along with a high performing Seaside duplex. Drive by only and please respect tenant privacy—do not walk the grounds or disturb residents. Interior showings will be scheduled following an accepted offer. Seller is a licensed Oregon real estate agent.

Location

State OR

County Clatsop

Area _181

Zoning RH

Interior

Heating Forced Air

Cooling None

Exterior

Garage No

Building

Story 2

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Warrenton

Middle Schools Warrenton

High Schools Warrenton

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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