3096 HIGHWAY 101 N Gearhart, OR $ 1,500,000
3096 HIGHWAY 101 N
$ 1,500,000
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3096 HIGHWAY 101 N

Gearhart, OR, 97138
$ 1,500,000
Bedrooms3 Baths3.0 Sq 6,872

Monthly Estimate*

$ 9,471

3096 HIGHWAY 101 N, Gearhart, OR 97138 - Image 1

Multi-Family Home for sale in Gearhart, OR

for $1,500,000 with 3 bedrooms and 3 full baths. This 6,872 square foot home was built in 2019 on a lot size of 0.43.

Coming soon to the market, this exceptional multi-family investment property in desirable Gearhart. Thoughtfully designed, built in 2019 with quality craftsmanship, durability and low maintenance in mind making it an attractive addition to any investment portfolio. Four spacious 1,718 sq ft units with 3 bedrooms, 2-1/2 bathrooms each. Every unit has an appealing modern aesthetic with 9ft ceilings bringing in lots of natural light and use of materials such as quartz countertops in the kitchen and bathrooms, stainless steel appliances and engineered hardwood flooring. The kitchen offers a walk-in pantry as well as an island with extra seating space for 3-4. The layout of each unit makes the most of its usable space with an open first floor, efficient design and all bedrooms and two full bathrooms on the second story. Primary bedroom has an en suite bathroom with a walk-in shower and dual sinks. Each townhome-style unit has a private driveway, a one car garage and stackable washer/dryer. Additional parking spaces available on site. Each unit opens to a private fenced-in patio and backyard. This turnkey investment property is ideally situated near north coast amenities. Convenient to the beach, restaurants, shopping and recreational activities. This is an investment property that offers strong upside potential in an area that has experienced high demand for rental properties with hundreds of applications for available units. Strong rental history with documented tenant records available. Great opportunity for a hands-on investor, owner/occupant, investment portfolio or 1031 exchange.

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Multi-Family Coming Soon

Price

$ 1,500,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,577

Style

Lot Size

0.43

Year Built

2019

Town/City

Gearhart

County/Region

Clatsop

MLS | Web ID

351146141

Features
General
Sewer SepticTank
Heating ForcedAir
Roof Composition
Zoning R2
Garage Spaces 4.0
Security Features FireSprinklerSystem
Year Built 2019
Stories Count 2
Tax Year 2025
Parcel Number 9654
Gross Income 86400.0
Community Features AllLandscaping
County Clatsop
Net Operating Income 68622.0
Operating Expense 17778.0
Property Type MultiFamily
HOA N
Rent Includes Sewer TrashCollection Water
Status ComingSoonNoShowing
Directions Hwy 101 N
High School Seaside
City Gearhart
Disclosures Disclosure
Number Of Units Total 4
MLS Area _183
Lot Size Square Feet 18730.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Pacific Ridge
Tax Annual Amount 7577.05
Middle/Junior High School Seaside
Property Condition Existing
Standard Status ComingSoon
Accessory Dwelling Unit Y/N N
Legal Description SEC 10 TWN 06 RNG 10
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Exterior
Parking Features Attached OffStreet
Lot Features Level
Water Source PublicWater
Total Parking 8.0
Exterior Description CementSiding
Foundation Details ConcretePerimeter
Building Area Total 6872.0
Lot Size Acres 0.43
Road Surface Type Paved
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Interior
Hot Water Gas
Unit 1 Baths Total 3
Unit 1 Beds Total 3
Unit Type UnitTypeType1
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Internal Only
Street Number 1 3096
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* Excluded Features
List By
Windermere Heritage

Broker

wendycarpenter@windermere.com

Email

Affordability Calculator

$10,103
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$631
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3033199 Elementary School
3033713 Middle School
Seaside High School High School
Pricing History
DatePricePrice ChangeDescription
6/27/2026$1,500,000 Listed Price

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3096 HIGHWAY 101 N, Gearhart, OR, 97138 is a Multi-Family Home for sale at $1,500,000 with 6,872 sqft and a lot size of 0.43. 3096 HIGHWAY 101 N has 3 bedrooms, 3.0 baths, and was built in 2019. The property's zip code is 97138 which is in Gearhart, OR