Listing provided courtesy of Heron Realty- MLS# 538110158MLS Provider

1715 S FRANKLIN STSeaside, OR 97138

Multi-Family · 9,740 Sq. ft. | 1.00 Acres
$1,585,000 Active

1715 S FRANKLIN ST Overview

Time on Site:
227 days
Visits:
14

The Necancium River flows to the east of the property and the beach 6 blocks to the west of this property that is tucked in to a less traveled neighborhood and lends itself to quiet living. Well-maintained with four duplexes. This 8 plex is a gem. All units have their own private fenced yards, a garage, as well as a Washer and Dryer. Services are just a few blocks away with the Seaside Golf Course and resturant, a market and two other resturants which are easily accessable. Showings will be allowed with a mutually agreed upon purchase and sale agreement. Appointment needed to view or walk the property. Do not disturb the tenants or execute a drive through without an appointment. There may be potential for one more duplex on this property. Buyer to check with City if interested.

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1715 S FRANKLIN ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 9,740
  • Price/Sq.ft. $163
  • Lot 1.00 Acres

Details

General

School Information

  • Elementary School: Pacific Ridge
  • Middle Or Junior School: Seaside
  • High School: Seaside

Income/Expenses

  • Gross Income: 126420.0
  • Gross Scheduled Income: 134262.0
  • Net Operating Income: 94823.0
  • Operating Expense: 31633.0

Building Information

  • Year Built: 1966

Location/Region

  • Country: US
  • County Or Parish: Clatsop
  • MLS Area Major: 186 - Clatsop Co: Seaside Southwest
  • Subdivision Name: South West Seaside

Community/Development

  • Community Features: All Landscaping,Commons

Rent/Lease Information

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

Tax Information

  • Tax Annual Amount: 15979.95
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional,Other
  • Parcel Number: 12640
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: R1

Interior

Parking Information

  • Garage Spaces: 1.0

Building Interior

  • Building Area Total: 9740.0

General Information

  • Basement: Crawl Space
  • Cooling: None
  • Foundation Details: Concrete Perimeter
  • Heating: Wall Heater
  • Security Features: Security Lights
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Driveway,Garage
  • Parking Total: 2.0

Lot Information

  • Lot Features: Level,Public Road
  • Lot Size Acres: 1.0
  • Lot Size Square Feet: 43560.0
  • Road Surface Type: Gravel,Paved
  • Water Source: Public Water

Waterfront/View

  • Water Body Name: Necanicum
  • Waterfront Features: River Front

Building Exterior/Construction

  • Roof: Metal

General Information

  • Number Of Units Total: 8
  • Sewer: Public Sewer

1715 S FRANKLIN ST Neighborhood

Community

97138 (Seaside) Demographics

47
Median Age
84
Population Density (per sq. mile)
34%
College Educated
$47,575
Estimated Median Income
2,454
Estimated Total Home Owners
2,246
Estimated Total Renters
52% / 48%
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.
* 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.

1715 S FRANKLIN ST Market Data

Based on the last 30 days in this zip code

$805,621
Average List Price
$394
Average Price per Square Foot
20
Properties Sold
100
Average Days on Market
218
Properties for Sale
Calculations provided by Reliance Network