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  • Price cut: $20K (11/21)
    $979,000

    542 Pacific Ave, Brookings, OR 97415

    8beds
    5,134sqft
    : 
    Multi Family
    Built in 1951
    -- sqft lot
    $-- Zestimate®
    $191/sqft
    $-- HOA

    What's special

    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.
    197 days
    |
    261
    |
    10
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 26, 2025 at 05:45am

    Listed by:

    Lindsay Coatney 541-412-9535,

    RE/MAX Coast and Country,

    Heather O'Connor 541-415-4289,

    RE/MAX Coast and Country

    Source: RMLS (OR),MLS#: 24230606MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 8
    Cooling
    • None
    Appliances
    • Included: Range, Refrigerator, Electric Water Heater
    • Laundry: Common Area
    Features
    • Basement: None
    Interior area
    • Total structure area: 5,134
    • Total interior livable area: 5,134 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Assigned, Paved
    • Garage spaces: 2
    Features
    • Stories: 1
    • Patio & porch: Deck
    • Has view: Yes
    • View description: City, Seasonal
    Lot
    • Size: 0.34 Acres
    • Features: Commons, Level, SqFt 10000 to 14999
    Details
    • Parcel number: R14746
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • T111 Siding
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1951

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Features: Laundry
    • Security: None
    Location
    • Region: Brookings

    Financial & listing details

    • Price per square foot: $191/sqft
    • Tax assessed value: $5,575
    • Annual tax amount: $2,268
    • Date on market: 6/6/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 6445
    • Road surface type: Paved
    Get pre-qualifiedBe ready to make an offer.
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,506/mo

    Price history

    Price history
    DateEventPrice
    11/21/2025Price change$979,000-2%$191/sqft
    Source: RMLS (OR) #24230606 Report a problem
    6/6/2025Listed for sale$999,000$195/sqft
    Source: RMLS (OR) #24230606 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024-- --
    2023-- --
    2022-- --

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $5,423/mo
    Principal & interest
    $4648
    Property taxes
    $432
    Home insurance
    $343

      Climate risks

      Neighborhood: 97415

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Kalmiopsis
      • Middle: Azalea
      • High: Brookings-Harbr

      Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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