Listing provided courtesy of Rob Trost Real Estate - Tillam- MLS# 26-877MLS ProviderSource MLS Verified

432 US-101 SRockaway Beach, OR 97136

Multi-Family · 10 Beds · 8 Full Baths · 4,305 Sq. ft. | 0.32 Acres
$1,400,000 Active

432 US-101 S Overview

Time on Site:
83 days
Visits:
1

INCREDIBLE OPPORTUNITY in Rockaway Beach! This updated 7 unit coastal hotel is ideally located just across the street from easy beach access, making it highly desirable for vacationers seeking the ultimate Oregon Coast experience. Recent improvements elevate both comfort and functionality while maintaining the property's inviting coastal charm. The hotel offers multiple room styles and flexible layouts, appealing to a wide range of guests and maximizing rental potential. Outdoor amenities create a true gathering space, featuring a cozy fire pit for evening relaxation, a covered gazebo for year round enjoyment, and a sandy yard perfect for kids to play and explore. With the beach only steps away, guests can effortlessly enjoy ocean walks, stunning sunsets, and classic seaside activities, all within minutes of their rooms. Also, the quaint, beach town of Rockaway Beach is an easy walk and just a few block away. This turnkey hospitality property is well positioned for strong guest demand and repeat bookings. A rare chance to own a Rockaway Beach investment property offering excellent beach proximity, versatile outdoor spaces, and proven vacation appeal ideal for investors seeking a coastal hotel, short-term rental, or boutique lodging opportunity in one of the Oregon Coast's most popular destinations.

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432 US-101 S Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,305
  • Price/Sq.ft. $325
  • Lot 0.32 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: SD56

Building Information

  • New Construction: false
  • Year Built: 1940
  • Year Built Details: Fully remodeled in 2023

Location/Region

  • County Or Parish: Tillamook
  • Subdivision Name: Elmore Park

Tax Information

  • Tax Annual Amount: 5532.85
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 1N1005BB-10103
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: false
  • Special Listing Conditions: Standard
  • Zoning: C-1 Commercial

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 8
  • Bathrooms Half: 0
  • Bathrooms Total: 8
  • Bedrooms Total: 10

Building Interior

  • Above Grade Finished Area: 4305.0
  • Building Area Total: 4305.0

General Information

  • Appliances: Electric Range,Microwave,Refrigerator
  • Basement: false
  • Fireplace: false
  • Flooring: Vinyl
  • Foundation Details: Block,Concrete Perimeter,Slab
  • Laundry Features: Upper Level
  • Levels: Two
  • Living Area Source: Assessor
  • Security Features: Carbon Monoxide Detector(s),Smoke Detector(s)
  • Stories Total: 2
  • Window Features: Vinyl Frames,Blinds

Exterior

Parking Information

  • Parking Features: Additional Parking,Off Street,Gravel
  • Parking Total: 8.0

Lot Information

  • Additional Parcels Description: 1N1005BB-10102
  • Lot Features: Level
  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Size Square Feet: 13939.2
  • Lot Size Units: Acres
  • Number Of Buildings: 3
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • View: Ocean
  • Waterfront: false

Building Exterior/Construction

  • Architectural Style: Other
  • Attached Garage: false
  • Construction Materials: Block,Frame,Shingle Siding
  • Roof: Composition

General Information

  • Carport: false
  • Exterior Features: Fire Pit,Courtyard
  • Fencing: Partial
  • Number Of Units Total: 7
  • Other Structures: Gazebo
  • Road Frontage Type: City Street,Highway
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Connected,Sewer Connected,Water Connected,Phone Available

Unit Information

Unit 1 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 2 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 3 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 4 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 5 Details

  • Beds Total: 3
  • Baths Total: 2
  • Furnished: Furnished

Unit 6 Details

  • Beds Total: 5
  • Baths Total: 3
  • Furnished: Furnished

Unit 7 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 8 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 9 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 10 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 11 Details

  • Beds Total: 3
  • Baths Total: 2
  • Furnished: Furnished

Unit 12 Details

  • Beds Total: 5
  • Baths Total: 3
  • Furnished: Furnished

Unit 13 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 14 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 15 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 16 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 17 Details

  • Beds Total: 3
  • Baths Total: 2
  • Furnished: Furnished

Unit 18 Details

  • Beds Total: 5
  • Baths Total: 3
  • Furnished: Furnished

Unit 19 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 20 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 21 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 22 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 23 Details

  • Beds Total: 3
  • Baths Total: 2
  • Furnished: Furnished

Unit 24 Details

  • Beds Total: 5
  • Baths Total: 3
  • Furnished: Furnished

Unit 25 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 26 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 27 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 28 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 29 Details

  • Beds Total: 3
  • Baths Total: 2
  • Furnished: Furnished

Unit 30 Details

  • Beds Total: 5
  • Baths Total: 3
  • Furnished: Furnished

Unit 31 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 32 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 33 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 34 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Furnished

Unit 35 Details

  • Beds Total: 3
  • Baths Total: 2
  • Furnished: Furnished

Unit 36 Details

  • Beds Total: 5
  • Baths Total: 3
  • Furnished: Furnished

432 US-101 S Neighborhood

Community

97136 (Rockaway Beach) Demographics

57
Median Age
79
Population Density (per sq. mile)
27%
College Educated
$52,083
Estimated Median Income
641
Estimated Total Home Owners
182
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

432 US-101 S Monthly Cost

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$ %
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$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

432 US-101 S Market Data

Based on the last 30 days in this zip code

$561,161
Average List Price
$342
Average Price per Square Foot
10
Properties Sold
107
Average Days on Market
118
Properties for Sale
Calculations provided by Reliance Network

432 US-101 S History

Date Event Value Agent
4/7/2026Source: Tillamook MLS Added to Database
April 07, 2026