542 Pacific Ave, Brookings, OR 97415
Local realty services provided by:CENTURY 21 Northstar
542 Pacific Ave,Brookings, OR 97415
$979,000
- - Beds
- - Baths
- 5,134 sq. ft.
- Multi-family
- Active
Listed by: lindsay coatney, heather o'connor
Office: re/max coast and country
MLS#:24230606
Source:PORTLAND
Price summary
- Price:$979,000
- Price per sq. ft.:$190.69
About this home
Rare and Unique Investment Opportunity in the Heart of Brookings! This centrally located apartment complex offers an exceptional opportunity for investors. The property features 8 units, a 2-car detached garage, and 3 storage units, all on site. The landlord currently covers water, sewer, and garbage services as part of the monthly rent. This property is currently producing over $6,800.00 in gross monthly revenue. The potential for increase is excellent, as several units are renting below market rates. Residents also enjoy access to a shared coin-operated laundry facility for added convenience. Key improvements include a new roof installed in September 2015, a sewer main replacement completed in February 2008 and a fresh paint job of the exterior of the building in 2025, ensuring long-term value and reliability. Ideally situated within walking distance of downtown shops, restaurants, the movie theater, and the beach, this property offers excellent accessibility and appeal for tenants. Call today to schedule your private showing! Please note: Square footage is approximate and should be verified by the buyer.
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Home facts
- Year built:1951
- Listing ID #:24230606
- Added:271 day(s) ago
- Updated:March 05, 2026 at 12:22 PM
Rooms and interior
- Living area:5,134 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1951
- Building area:5,134 sq. ft.
- Lot area:0.34 Acres
- Lot Features:Commons, Level
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Brookings-Harbr
- Middle school:Azalea
- Elementary school:Kalmiopsis
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$979,000
- Price per sq. ft.:$190.69
- Tax amount:$2,269 (2023)
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