107/109 NW 22ND AVE, Rockaway Beach, OR 97136 | MLS #24285847 | Berkshire Hathaway HomeServices Real Estate Professionals
 
Listing provided courtesy of Coldwell Banker Professional- MLS# 24285847MLS Provider

107/109 NW 22ND AVERockaway Beach, OR 97136

Multi-Family · 3,076 Sq. ft. | 0.13 Acres
$910,000 Active

107/109 NW 22ND AVE Overview

Time on Site:
602 days
Visits:
12

Unlock the ultimate coastal investment with this versatile duplex, perfectly positioned to capture both the soothing white noise of the surf and a steady rental stream. Just a stone's throw from the beach via a convenient trail, this property is a premier find for savvy investors or anyone seeking a coastal home with built-in income potential. With transferable short-term rental permits for each unit, this property is ideal for those seeking a prime coastal location. Each unit features four spacious bedrooms and three full bathrooms, providing ample space for your family or guests. With plenty of parking available, you can easily explore the beach or nearby attractions. The property also enjoys a unique touch of local history, as the Oregon Coast Scenic Railroad occasionally passes by on the tracks out front. These vintage tourist trains run only on a limited, seasonal schedule, offering a charming and nostalgic sight rather than the activity of a standard commercial line. It's a delightful, only-on-the-coast feature that adds a bit of whimsical character to an already standout property. Approximately 90 minutes from PDX, this duplex presents a fantastic chance to capitalize on the growing demand for coastal real estate.

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107/109 NW 22ND AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,076
  • Price/Sq.ft. $296
  • Lot 0.13 Acres

Details

General

School Information

  • Elementary School: Garibaldi
  • Middle Or Junior School: Neah-Kah-Nie
  • High School: Neah-Kah-Nie

Income/Expenses

  • Gross Income: 52323.0
  • Net Operating Income: 41236.0
  • Operating Expense: 11087.0

Building Information

  • Year Built: 2021

Location/Region

  • Country: US
  • County Or Parish: Tillamook
  • MLS Area Major: 195 - Tillamook County

Rent/Lease Information

  • Rent Includes: Cable TV,Electricity,Heat,Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 4286.66
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 26750
  • Property Type: Multi Family
  • Zoning: RK-R-R

Interior

Parking Information

  • Garage Spaces: 2.0

Building Interior

  • Building Area Total: 3076.0

General Information

  • Cooling: Heat Pump
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air,Heat Pump
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Driveway,Garage
  • Parking Total: 6.0

Lot Information

  • Lot Features: Corner Lot,Level,Ocean Beach 1/4 Mile or Less
  • Lot Size Acres: 0.13
  • Lot Size Square Feet: 5662.0
  • Road Surface Type: Gravel
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 2
  • Sewer: Public Sewer

107/109 NW 22ND AVE Neighborhood

Community

97136 (ROCKAWAY BEACH) Demographics

57
Median Age
79
Population Density (per sq. mile)
27%
College Educated
$52,083
Estimated Median Income
641
Estimated Total Home Owners
182
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

107/109 NW 22ND AVE Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

107/109 NW 22ND AVE Market Data

Based on the last 30 days in this zip code

$561,161
Average List Price
$342
Average Price per Square Foot
7
Properties Sold
107
Average Days on Market
118
Properties for Sale
Calculations provided by Reliance Network

107/109 NW 22ND AVE History

Date Event Value Agent
6/5/2026Source: Regional MLS Price Reduction
$910,000 -1.6%
3/17/2026Source: Regional MLS Price Reduction
$925,000 -2.6%
12/24/2025Source: Regional MLS Price Reduction
$950,000 -2.6%
11/8/2025Source: Regional MLS Price Reduction
$975,000 -2.5%
9/13/2025Source: Regional MLS Price Reduction
$1,000,000 -2.4%
5/26/2025Source: Regional MLS Price Reduction
$1,025,000 -2.4%
4/2/2025Source: Regional MLS Price Reduction
$1,050,000 -4.5%
3/23/2025Source: Regional MLS Price Reduction
$1,100,000 -4.3%
3/4/2025Source: Regional MLS Price Reduction
$1,149,999 -2.5%
1/31/2025Source: Regional MLS Price Reduction
$1,179,999 -1.7%
11/4/2024Source: Regional MLS Added to Database
November 04, 2024