Listing provided courtesy of Harnish Company Realtors- MLS# 347369482MLS ProviderContact Information: [email protected]

18320 N HIGHWAY 101Rockaway Beach, OR 97136

Multi-Family · 2,686 Sq. ft. | 1.60 Acres
$1,699,900 Active

18320 N HIGHWAY 101 Overview

Time on Site:
425 days
Visits:
16

A unique opportunity to own a profitable duplex nestled on nearly an acre of oceanfront property plus an additional lot! This vintage gem is tucked away on a semi-private dead-end street off HWY 101 with a charming bridge on the property that leads over a stream through lush greens to an incredibly private part of Rockaway Beach! The lot next door is included in the sale. Two separate tax lots, both zoned CR2 $1,699,900 for the sale of both: one duplex TAX ID 60070 on 0.81 acres and one neighboring vacant lot TAX ID 59901 on an additional 0.79 acres. DUPLEX: One time transferrable STR. 2024 STATS: rental revenue = $124,402 / 173 nights booked / 47% occupancy rate / $600 average daily rate / $2,568 average revenue per stay. Opportunity AWAITS!

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18320 N HIGHWAY 101 Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,686
  • Price/Sq.ft. $633
  • Lot 1.60 Acres

Details

General

School Information

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

Income/Expenses

  • Gross Income: 128402.0
  • Net Operating Income: 89881.0
  • Operating Expense: 38520.0

Building Information

  • Year Built: 1978

Location/Region

  • Country: US
  • County Or Parish: Tillamook
  • MLS Area Major: 195 - Tillamook County
  • Subdivision Name: ROCKAWAY BEACH

Community/Development

  • Community Features: Spa/Hot Tub

Rent/Lease Information

  • Rent Includes: Electricity,Heat,Maintenance Grounds,Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 9073.0
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional,FHA
  • Parcel Number: 60070
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: CR2

Interior

Parking Information

  • Garage Spaces: 2.0

Building Interior

  • Building Area Total: 2686.0

General Information

  • Basement: None
  • Foundation Details: Other
  • Heating: Forced Air
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Driveway
  • Parking Total: 5.0

Lot Information

  • Lot Features: Flood Zone,Stream
  • Lot Size Acres: 1.6
  • Lot Size Dimensions: 0.81 + 0.79
  • Lot Size Square Feet: 69696.0
  • Road Surface Type: Gravel
  • Water Source: Public Water

Waterfront/View

  • Water Body Name: Pacific Ocean
  • Waterfront Features: Ocean Front

Building Exterior/Construction

  • Roof: Composition

General Information

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

18320 N HIGHWAY 101 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.

18320 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.

18320 N HIGHWAY 101 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

18320 N HIGHWAY 101 History

Date Event Value Agent
1/14/2026Source: Regional MLS Price Reduction
$1,699,900 -12.8%
4/30/2025Source: Regional MLS Added to Database
April 30, 2025