Rare opportunity to acquire a high-performing 4-unit coastal income property in a prime North Oregon Coast location near Fort Stevens and the Pacific Ocean. Newer construction offers the ideal combination of stable rental income, low maintenance and long-term appreciation potential. These townhouse-style units are larger than typical rentals, featuring private garages, patios, and higher-end finishes, all amenities that consistently attract quality, long-term tenants. As a result, vacancy is extremely low, with strong demand whenever a unit comes available. Built with durability and safety in mind, each unit includes a fire sprinkler system along with double six-inch separation walls extending to the roof, providing enhanced fire protection and peace of mind. A key advantage of this property is its future flexibility and multiple exit strategies. The units are constructed as townhomes, offering the potential to create four separate tax lots for individual resale. The location is exceptionally convenient—just minutes from Costco, Walmart, Home Depot, restaurants and 10–12 minutes to the beach. Warrenton is ideally positioned between Astoria’s vibrant arts, dining and brewery scene and the coastal communities of Gearhart and Seaside, known for golf, surfing and outdoor recreation. The area continues to attract residents, retirees and remote workers, supporting consistent rental demand and long-term growth. This is a rare opportunity to own a well-built, low-maintenance 4-plex in a highly desirable coastal market with strong tenant appeal and future upside potential!
Listing Provided Courtesy of Cheryl Johnson, Realty One Group Prestige
General Information
416531359
1
DOM
1
0.25 acres
3
6472
2017
RH
Clatsop
57018
Warrenton 4/10
Warrenton 4/10
Warrenton 4/10
MultiFamily
FOREST RIM 63
Listing Provided Courtesy of Cheryl Johnson, Realty One Group Prestige
Krishna Realty data last checked: Mar 24, 2026 02:54 | Listing last modified Mar 23, 2026 11:22,
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Residence Information
6472
1
3
Composition
4,
Driveway,Garage
2
2017
No
CementSiding
CrawlSpace
CrawlSpace
ConcretePerimeter
Features and Utilities
None
Electricity, Tank
ForcedAir
PublicSewer
Electricity, Tank
Electricity, Gas
Financial
6933.19
0
MaintenanceGrounds,Sewer,TrashCollection,Water
Cash,Conventional
03-23-2026
No
No
Comparable Information
1
1
Cash,Conventional
$1,500,000
$1,500,000
Mar 23, 2026 11:22
Schools
public Elementary : Warrenton
4/10Ratingspublic Middle : Warrenton
4/10Ratingspublic High : Warrenton
4/10Ratings
Rare opportunity to acquire a high-performing 4-unit coastal income property in a prime North Oregon Coast location near Fort Stevens and the Pacific Ocean. Newer construction offers the ideal combination of stable rental income, low maintenance and long-term appreciation potential. These townhouse-style units are larger than typical rentals, featuring private garages, patios, and higher-end finishes, all amenities that consistently attract quality, long-term tenants. As a result, vacancy is extremely low, with strong demand whenever a unit comes available. Built with durability and safety in mind, each unit includes a fire sprinkler system along with double six-inch separation walls extending to the roof, providing enhanced fire protection and peace of mind. A key advantage of this property is its future flexibility and multiple exit strategies. The units are constructed as townhomes, offering the potential to create four separate tax lots for individual resale. The location is exceptionally convenient—just minutes from Costco, Walmart, Home Depot, restaurants and 10–12 minutes to the beach. Warrenton is ideally positioned between Astoria’s vibrant arts, dining and brewery scene and the coastal communities of Gearhart and Seaside, known for golf, surfing and outdoor recreation. The area continues to attract residents, retirees and remote workers, supporting consistent rental demand and long-term growth. This is a rare opportunity to own a well-built, low-maintenance 4-plex in a highly desirable coastal market with strong tenant appeal and future upside potential!