About 460/462 Sw Coast Avenue
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. 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 so your hardest decision will be what to do next. Off the highway and one row back from the ocean so the sound of the waves will lull you to sleep. The current tenant to North would love to stay and which will substantially reduce your monthly payments to own. The city previously approved the addition of a 3rd unit. Showing by appointment only. Please respect tenants' privacy.
Features of 460/462 Sw Coast Avenue
MLS® # | 25-1911 |
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Price | $485,000 |
Bedrooms | 4 |
Bathrooms | 2.00 |
Square Footage | 1,066 |
Acres | 0.20 |
Year Built | 1940 |
Type | Multi-Dwelling |
Sub-Type | Multi-Dwelling |
Style | Duplex |
Status | Active |
Community Information
Address | 460/462 Sw Coast Avenue |
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Area | Depoe Bay |
Subdivision | Breakers Addn to Depoe Bay |
City | Depoe Bay |
County | Lincoln |
State | OR |
Zip Code | 97341 |
Amenities
View | Ocean |
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Interior
Heating | Ductless Heat Pump |
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Stories | One and One Half |
Exterior
Roof | Composition |
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Construction | Cedar, Lap Siding, Shake/Shingle, T1-11 |
Foundation | Concrete Perimeter |
Additional Information
Date Listed | August 23rd, 2025 |
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Zoning | R-4 Residential |
Listing Details
Agent | Josh Reed |
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Office | Cascade Hasson Sotheby's International Realty |