About 18320 N Highway 101
A unique opportunity to own a profitable duplex nestled on nearly an acre of oceanfront property plus an additional lot! This vintage gem is tucked away on a semi-private dead-end street off HWY 101 with a charming bridge on the property that leads over a stream through lush greens to an incredibly private part of Rockaway Beach! The lot next door is included in the sale. Two separate tax lots, both zoned CR2 $1,950,000 for the sale of both: one duplex TAX ID 60070 on 0.81 acres and one neighboring vacant lot TAX ID 59901 on an additional 0.79 acres. DUPLEX: One time transferrable STR. 2024 STATS: rental revenue = $124,402 / 173 nights booked / 47% occupancy rate / $600 average daily rate / $2,568 average revenue per stay. Opportunity AWAITS!
Features of 18320 N Highway 101
| MLS® # | 347369482 |
|---|---|
| Price | $1,950,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,686 |
| Acres | 1.60 |
| Year Built | 1978 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 18320 N Highway 101 |
|---|---|
| Area | 195 - Tillamook County |
| Subdivision | ROCKAWAY BEACH |
| City | Rockaway Beach |
| County | Tillamook |
| State | OR |
| Zip Code | 97136 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Parking | Driveway |
| # of Garages | 2 |
| View | Ocean |
| Is Waterfront | No |
| Waterfront | Ocean Front |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | T-111 Siding |
|---|---|
| Lot Description | Flood Zone, Stream |
| Roof | Composition |
| Foundation | Other |
School Information
| Elementary | Garibaldi |
|---|---|
| Middle | Neah-Kah-Nie |
| High | Neah-Kah-Nie |
Additional Information
| Date Listed | April 30th, 2025 |
|---|---|
| Days on Market | 181 |
| Zoning | CR2 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Harnish Company Realtors |
|---|---|
| Contact Info | harnish@harnishproperties.com |