542 PACIFIC AVE Brookings, OR $ 979,000
542 PACIFIC AVE
$ 979,000
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542 PACIFIC AVE

Brookings, OR, 97415
$ 979,000
Bedrooms8 Baths8.0 Sq 5,134

Monthly Estimate*

$ 6,108

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Multi-Family Home for sale in Brookings, OR

for $979,000 with 8 bedrooms and 8 full baths. This 5,134 square foot home was built in 1951 on a lot size of 0.34.

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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Multi-Family Active

Price

$ 979,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 2,268

Style

Lot Size

0.34

Year Built

1951

Town/City

Brookings

County/Region

Curry

MLS | Web ID

24230606

Features
General
Sewer PublicSewer
Heating WallHeater
Cooling None
Roof Composition
Zoning R3
Garage Spaces 2.0
Security Features None
Year Built 1951
Stories Count 1
Tax Year 2023
Parcel Number R14746
Gross Income 81960.0
Community Features Laundry
County Curry
Net Operating Income 62453.0
Operating Expense 19507.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status Active
Directions HWY 101 Left on Pacific Avenue Follow to 541 Pacific Terrace Complex on right
High School Brookings-Harbr
City Brookings
Number Of Units Total 8
MLS Area _270
Lot Size Square Feet 14810.0
Listing Terms Cash Conventional
Elementary School Kalmiopsis
Tax Annual Amount 2268.83
Middle/Junior High School Azalea
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description ACRES 0.34 PACIFIC COURT (7 UNITS).
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Interior
Basement None
Storage Garage
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 1
Unit 4 Baths Total 1
Unit 4 Beds Total 1
Unit 5 Beds Total 1
Unit 6 Beds Total 1
Unit 7 Beds Total 1
Unit 8 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6 UnitTypeType7 UnitTypeType8
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Exterior
Parking Features Assigned Paved
Lot Features Commons Level
Water Source PublicWater
Total Parking 8.0
Exterior Description T111Siding
Foundation Details Slab
Building Area Total 5134.0
Lot Size Acres 0.34
Road Surface Type Paved
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Internal Only
Street Number 1 542
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* Excluded Features
List By
Re/Max Coast And Country

Broker

541-412-9535

Contact

Affordability Calculator

$6,297
Per Month
97%
3%
0%
Monthly Principal & Interest
$6,108
Monthly Property Taxes
$189
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949188 Elementary School
1949175 Middle School
Brookings-Harbr High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$979,000 -2.00% Price Down
6/6/2025$999,000 Listed Price

Map


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542 PACIFIC AVE, Brookings, OR, 97415 is a Multi-Family Home for sale at $979,000 with 5,134 sqft and a lot size of 0.34. 542 PACIFIC AVE has 8 bedrooms, 8.0 baths, and was built in 1951. The property's zip code is 97415 which is in Brookings, OR