131 Ainslee Avenue

Depoe Bay, OR 97341

$1,125,000
Price
Beds
4,005 Sq. Ft.
$281 / Sq. Ft.
4,005
Sq. Ft.
$281
per Sq. Ft.

Description

Investors opportunity to own a 4-plex in Depoe Bay! Currently all units rented, through a management company. Good rental history. Back from ocean, but close to all amenities of Depoe Bay - fishing, ocean walks, community parks, restaurants and entertainment. Please do not disturb tenants. Interior showings after offer only.Investors opportunity to own a 4-plex in Depoe Bay! Currently all units rented, through a management company. Good rental history. Back from ocean, but close to all amenities of Depoe Bay - fishing, ocean walks, community parks, restaurants and entertainment. Please do not disturb tenants. Interior showings after offer only.
  1. Listed by Steve Rutherford • Taylor & Taylor Realty Co. • 541-994-9111

Property Details for 131 Ainslee Avenue

Subdivision
Depoe Bay
Parking Features
Off Street
Zoning
R-5
Parking Total
.00
LISTING UPDATED: 09/06/2024 10:29 AM

Property Details for 131 Ainslee Avenue

StatusActive
MLS #24425148
Days on Market84
Taxes$4,836 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1995
Lot Size0.18 AC / 7,840 SF
CountyLincoln County

Building Information for 131 Ainslee Avenue

Stories2Residences10Year Built1995Building Size-Lot Size0.18 AC / 7,840 SF

Property Information for 131 Ainslee Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Hwy 101 to Collins - East to Ainslee S to apt on right.
  • Road Surface: Paved
School Information
  • Elementary School: Taft
  • High School: Taft
  • Middle Or Junior School: Taft
Taxes and HOA
  • Tax Annual Amount: $4,835.60
  • Parcel Number: R519012
  • Tax Other Annual Assessment Amount: $.00
  • Tax Legal Description: PROPERTY ID R519012 P.P. 2003-02, PARCEL 3, ACRES 0.18, DOC202305
Property
Lot Information
  • Acres: 0.18
  • Lot Description: Gentle Sloping, Trees
  • Lot Size Square Feet: 7840.0
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1995
Utilities
  • Fuel Description: Electricity
  • Heating Description: Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding, T111Siding, Wood Composite
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter, Pillar Post Pier
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
  • Gross Income Actual: $90,000.00
  • Gross Rent Multiplier: $12.50
  • Investor Information: According To Owner
  • Net Income Actual: $73,000.00
  • Operating Expense: $17,000.00
  • Storage: None
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4
  • SqFt Approximate Building Total: 4005
Unit 1 Information
  • Unit Type 1 Baths Total: 7
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $2,100
  • Unit Type 1 SqFt: 1100.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 6
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Deck, Dishwasher, Range, Refrigerator
  • Unit Type 2 Rent: $1,800
  • Unit Type 2 SqFt: 900.0
  • Unit Type 2 Units Total: 2
Unit 3 Information
  • Unit Type 3 Baths Total: 6
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Deck, Dishwasher, Range, Refrigerator
  • Unit Type 3 Rent: $1,800
  • Unit Type 3 SqFt: 900.0
  • Unit Type 3 Units Total: 3
Unit 4 Information
  • Unit Type 4 Baths Total: 7
  • Unit Type 4 Beds Total: 3
  • Unit Type 4 Features: Deck, Dishwasher, Range, Refrigerator
  • Unit Type 4 Rent: $2,100
  • Unit Type 4 SqFt: 1100
  • Unit Type 4 UnitsTotal: 4

Property History for 131 Ainslee Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 131 Ainslee Avenue

Taxable ValueLand-Additions-Total-
Tax Record2023$4,836 ($403 / month)
Home Facts
Baths6Total Finished SqFt1,964 SqFtAbove Grade Finished SqFt1,964 SqFtLot Size7,841 SqFtStyleQuadraplexYear Built1995ZoningR-5;RESIDENTICountyLINCOLNAPN09-11-08-AA-00302-00

Schools near 131 Ainslee Avenue

This home is within Lincoln County School District.
Rating
School
Type
Grades
Distance
Public - 3 to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 2
Rating
School
Distance
Taft Elementary School
Public3 to 6

Taft Middle School
Public7 to 8

Taft High School
Public9 to 12

Oceanlake Elementary School
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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131 Ainslee Avenue is a multi-family home for sale in Depoe Bay, OR 97341. This property was listed for sale on August 29, 2024 by Taylor & Taylor Realty Co., it's currently listed at $1,125,000. It has been on the market for a total of 84 days and was last sold on September 7, 2017. This listing's school district is Lincoln County School District. Nearby schools include Taft Elementary School, Taft Middle School and Taft High School. 131 Ainslee Avenue is a 0-bed, 0-bath, 4,005 sqft multi-family home built in 1995.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Taylor & Taylor Realty Co.

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