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Listed by XP Realty LLC
$825,000
Est. payment /mo
3,728 SqFt
Active
2045 SE AZALEA AVE Warrenton, OR 97146
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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
NEARBY SCHOOL & BUSINESS
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