18591 Alsea Hwy Alsea, OR $ 1,850,000
18591 Alsea Hwy
$ 1,850,000
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18591 Alsea Hwy

Alsea, OR, 97324
$ 1,850,000
Bedrooms20 Baths15.0 Sq 7,800

Monthly Estimate*

$ 11,391

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Multi-Family Home for sale in Alsea, OR

for $1,850,000 with 20 bedrooms and 15 full baths. This 7,800 square foot home was built in 1964 on a lot size of 8.59.

Rare investment & lifestyle opportunity on 8.59 acres just outside Alsea! This former U.S. Forest Service ranger station features a unique collection of 8 buildings, including 5 single-level ranch-style homes & 2 additional residential-style units, all equipped w/kitchens, bathrooms & bedrooms. With a strong 20 year rental history, the property is ideally suited for continued income production, multi-generational living, or a variety of creative uses. Surrounded by natural beauty & views. The expansive layout, ample parking, and large 4-bay shop open the door to a variety of uses - whether you're looking to expand a rental portfolio, create a retreat-style setting, or explore live/work possibilities. Rich in character and history, this one-of-a-kind property blends privacy, versatility, and income potential in a peaceful rural setting, just minutes from Alsea.

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Multi-Family Active

Price

$ 1,850,000

Bedrooms

20

Full Bath

15

Property Type

Multi-Family

Taxes

$ 4,286

Style

Lot Size

8.59

Year Built

1964

Town/City

Alsea

County/Region

Benton

MLS | Web ID

708572585

Features
General
Sewer StandardSeptic
Heating Baseboard ForcedAir
Roof Metal Shingle
Zoning MPA
Garage Spaces 8.0
Security Features Entry SecurityGate
Year Built 1964
Tax Year 2025
Parcel Number 212328
Gross Income 4290.0
County Benton
Net Operating Income 4290.0
Operating Expense 10000.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds Water
Status Active
Directions Alsea Hwy to old Ranger Station next to Alsea Harvest Church
High School Alsea
City Alsea
Disclosures Disclosure
Number Of Units Total 28
MLS Area _220
Lot Size Square Feet 374180.0
Listing Terms Cash Contract Conventional
Elementary School Alsea
Tax Annual Amount 4286.0
Middle/Junior High School Alsea
Property Condition Existing
Virtual Tour https://www.youtube.com/watch?v=fqCdIB3a9Vo
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 14802A000101
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Interior
Storage Garage
Unit 1 Baths Total 6
Unit 1 Beds Total 3
Unit 2 Baths Total 2
Unit 2 Beds Total 3
Unit 3 Baths Total 1
Unit 3 Beds Total 3
Unit 4 Baths Total 1
Unit 4 Beds Total 3
Unit 5 Beds Total 3
Unit 6 Beds Total 2
Unit 7 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6 UnitTypeType7
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Exterior
Parking Features Open Paved
Lot Features Gated Private PrivateRoad Secluded Trees Wooded
Water Source Well
Total Parking 10.0
Exterior Description BoardBattenSiding LapSiding T111Siding WoodSiding
Foundation Details Slab
Building Area Total 7800.0
Lot Size Acres 8.59
Road Surface Type Paved
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Internal Only
Street Number 1 18591
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* Excluded Features
List By
Town & Country Sotheby's International Realty

Broker

barbara@tncrealty.com

Email

Affordability Calculator

$11,748
Per Month
97%
3%
0%
Monthly Principal & Interest
$11,391
Monthly Property Taxes
$357
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1950322 Elementary School
1949954 Middle School
Alsea High School High School
Pricing History
DatePricePrice ChangeDescription
5/12/2026$1,850,000 -5.13% Price Down
4/14/2026$1,950,000 Listed Price

Map


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18591 Alsea Hwy, Alsea, OR, 97324 is a Multi-Family Home for sale at $1,850,000 with 7,800 sqft and a lot size of 8.59. 18591 Alsea Hwy has 20 bedrooms, 15.0 baths, and was built in 1964. The property's zip code is 97324 which is in Alsea, OR