542 Pacific Ave, Brookings, OR 97415

Brookings
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
542 Pacific Ave,Brookings, OR 97415
$945,000
  • - Beds
  • - Baths
  • 5,134 sq. ft.
  • Multi-family
  • Active
Listed by: lindsay coatney
Office: re/max coast and country
MLS#:24230606
Source:PORTLAND

Price summary

  • Price:$945,000
  • Price per sq. ft.:$184.07

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 $7,300.00 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....

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Home facts

  • Year built:1951
  • Listing ID #:24230606
  • Added:292 day(s) ago
  • Updated:March 26, 2026 at 07:27 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:$945,000
  • Price per sq. ft.:$184.07
  • Tax amount:$2,269 (2023)

Parking

  • Total parking spaces:8
  • Parking description:Assigned, Paved
  • Garage spaces:2
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Realty Partners are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: March 26, 2026

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