318 N HIGHWAY 101, Depoe Bay, OR 97341 | MLS #254283709 | Berkshire Hathaway HomeServices Real Estate Professionals
 
Listing provided courtesy of Emerald Coast Realty-Seal Rock- MLS# 254283709MLS Provider

318 N HIGHWAY 101Depoe Bay, OR 97341

Multi-Family · 2,310 Sq. ft. | 0.14 Acres
$850,000 Active

318 N HIGHWAY 101 Overview

Time on Site:
340 days
Visits:
6

Exciting & constantly changing ocean views from this successful vacation rental with 2 separate units! Located on 2 tax lots w/plenty of parking for everyone including a 2 stall carport & a shop. Each unit has it's own entrance on different levels, a full kitchen, laundry facilities, gas fireplaces, separate electrical meters & unique therapeutic ocean views. The upstairs has the master bedroom on the main living area & a loft with 2 other sleeping areas. The ground level has 1 bedroom/1 bathroom and a separate 280 sq ft heated store room w/a full bathroom. Enjoy watching whales from the wrap around deck or hang out in the really cool covered, wind-protected patio with a full Ocean view.

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318 N HIGHWAY 101 Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,310
  • Price/Sq.ft. $368
  • Lot 0.14 Acres

Details

General

School Information

  • Elementary School: Sam Case
  • Middle Or Junior School: Newport
  • High School: Newport

Income/Expenses

  • Gross Income: 50000.0
  • Net Operating Income: 30000.0
  • Operating Expense: 20000.0

Building Information

  • Year Built: 1934

Location/Region

  • Country: US
  • County Or Parish: Lincoln
  • MLS Area Major: 200 - Lincoln County
  • Subdivision Name: D111

Rent/Lease Information

  • Rent Includes: Cable TV,Electricity,Gas,Heat,Sewer,Water

Tax Information

  • Tax Annual Amount: 3033.14
  • Tax Year: 2024

General Information

  • Listing Terms: Call Listing Agent,Cash,Conventional
  • Parcel Number: R439198
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: C-1

Interior

Parking Information

  • Garage Spaces: 2.0

Building Interior

  • Building Area Total: 2310.0

General Information

  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air
  • Stories: 3

Exterior

Parking Information

  • Parking Features: Carport,Driveway
  • Parking Total: 10.0

Lot Information

  • Lot Features: Level,Public Road
  • Lot Size Acres: 0.14
  • Lot Size Square Feet: 6098.0
  • Road Surface Type: Concrete,Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

318 N HIGHWAY 101 Neighborhood

Community

97341 (Depoe Bay) Demographics

60
Median Age
333
Population Density (per sq. mile)
40%
College Educated
$48,250
Estimated Median Income
978
Estimated Total Home Owners
420
Estimated Total Renters
70% / 30%
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.

318 N HIGHWAY 101 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.

318 N HIGHWAY 101 Market Data

Based on the last 30 days in this zip code

$747,681
Average List Price
$398
Average Price per Square Foot
10
Properties Sold
125
Average Days on Market
151
Properties for Sale
Calculations provided by Reliance Network

318 N HIGHWAY 101 History

Date Event Value Agent
7/26/2025Source: Regional MLS Price Reduction
$850,000 -5.5%
7/24/2025Source: Regional MLS Added to Database
July 24, 2025