Listing provided courtesy of XP Realty LLC- MLS# 719825362MLS Provider

2045 SE AZALEA AVEWarrenton, OR 97146

Multi-Family · 3,728 Sq. ft. | 0.24 Acres
$825,000 Pending

2045 SE AZALEA AVE Overview

Time on Site:
80 days
Visits:
0

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.

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2045 SE AZALEA AVE Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,728
  • Price/Sq.ft. $221
  • Lot 0.24 Acres

Details

General

School Information

  • Elementary School: Warrenton
  • Middle Or Junior School: Warrenton
  • High School: Warrenton

Income/Expenses

  • Gross Income: 70230.0
  • Gross Scheduled Income: 71000.0
  • Net Operating Income: 38867.0
  • Operating Expense: 31363.0

Building Information

  • Year Built: 2010

Location/Region

  • Country: US
  • County Or Parish: Clatsop
  • MLS Area Major: 181 - Clatsop Co: Hammond/Warrenton

Rent/Lease Information

  • Rent Includes: Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 4689.62
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 57115
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: RH

Interior

Building Interior

  • Building Area Total: 3728.0

General Information

  • Cooling: None
  • Heating: Forced Air
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Paved

Lot Information

  • Lot Size Acres: 0.24
  • Lot Size Square Feet: 10454.0
  • Road Surface Type: Paved
  • Water Source: Public Water

General Information

  • Number Of Units Total: 4
  • Sewer: Public Sewer

2045 SE AZALEA AVE Neighborhood

Community

97146 (Warrenton) Demographics

42
Median Age
167
Population Density (per sq. mile)
32%
College Educated
$76,750
Estimated Median Income
1,720
Estimated Total Home Owners
875
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
3
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.

2045 SE AZALEA 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.

2045 SE AZALEA AVE Market Data

Based on the last 30 days in this zip code

$731,636
Average List Price
$355
Average Price per Square Foot
4
Properties Sold
89
Average Days on Market
102
Properties for Sale
Calculations provided by Reliance Network

2045 SE AZALEA AVE History

Date Event Value Agent
5/6/2026Source: Regional MLS Status Change
Pending
4/10/2026Source: Regional MLS Added to Database
April 10, 2026