1601 Spruce Dr

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime Seaside Duplex + Portfolio Opportunity. Excellent opportunity to acquire a high-performing, cash-flowing duplex in a high-demand coastal rental market. Fully occupied with reliable in-place income and straightforward operations. Instant Scale: Looking for a larger footprint? This property is part of a larger release and can be purchased individually or seamlessly packaged with two Warrenton 4-plexes for a dominant 10-unit coastal portfolio. Drive-by only; please DO NOT DISTURB tenants under...Prime Seaside Duplex + Portfolio Opportunity. Excellent opportunity to acquire a high-performing, cash-flowing duplex in a high-demand coastal rental market. Fully occupied with reliable in-place income and straightforward operations. Instant Scale: Looking for a larger footprint? This property is part of a larger release and can be purchased individually or seamlessly packaged with two Warrenton 4-plexes for a dominant 10-unit coastal portfolio. Drive-by only; please DO NOT DISTURB tenants under any circumstances. Interior showings will be scheduled upon an accepted offer. Note: Seller is a licensed Oregon real estate broker.
  1. Listed by Tyler Gramson • XP Realty LLC

Property Details for 1601 Spruce Drive

Parking Features
Driveway, Garage
Zoning
R2
View
Trees Woods
LISTING UPDATED: 05/06/2026 01:06 PM

Property Details for 1601 Spruce Drive

StatusPending
MLS #687991643
Days on Market25
Taxes$4,887 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1996
Lot Size0.31 AC / 13,503 SF
CountyClatsop County

Location

Listing Courtesy of XP Realty LLC
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Building Information for 1601 Spruce Drive

Stories-Residences2Year Built1996Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

$3,646 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,239

Property Taxes

$407

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1601 Spruce Drive

Summary
Location and General Information
  • Country: US
  • Directions: South Wahanna to Spruce, go east, property on south side of Spruce
School Information
  • Elementary School: Other
  • High School: Seaside
  • Middle Or Junior School: Seaside
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $4,887.33
  • Parcel Number: 13489
  • Tax Legal Description: 61022CD 00920 ID#13489
Property
Lot Information
  • Acres: 0.31
  • Lot Description: Gentle Sloping, Trees, Wooded
  • Lot Size Square Feet: 13503.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Approximately
  • Year Built: 1996
Utilities
  • Cooling Description: None
  • Fuel Description: Gas
  • Heating Description: Forced Air
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: None
  • Foundation Details: Slab
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $49,432.00
  • Gross Rent Multiplier: $13.15
  • Investor Information: According To Owner, Profit Loss Statement
  • Net Income Actual: $36,005.00
  • Operating Expense: $13,427.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 2.00
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Deck, Dishwasher, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,950
  • Unit Type 1 SqFt: 1096.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Baths Decimal: 2.00
  • Unit Type 2 Beds Total: 3
  • Unit Type 2 Features: Deck, Dishwasher, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $2,100
  • Unit Type 2 SqFt: 1096.0
  • Unit Type 2 Units Total: 1

Property History for 1601 Spruce Drive

DateEvent & SourcePriceAppreciation
Jun 5, 2018

Sold (Public Record)

Public Record #624853436

$359,900

+107.9% / yr

Nov 30, 2016

Sold (Public Record)

Public Record #583663010

$119,065
DateEvent & SourcePrice
06/05/2018

Sold (Public Record)

Public Record #624853436

$359,900

+107.9% / yr

11/30/2016

Sold (Public Record)

Public Record #583663010

$119,065

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

Public Records for 1601 Spruce Drive

Taxable ValueLand-Additions$476,534Total-
Tax Record2025$4,887 ($407 / month)
Home Facts
Baths4Total Finished SqFt2,192 SqFtAbove Grade Finished SqFt2,192 SqFtStories1Lot Size13,504 SqFtStyleDuplexYear Built1996ZoningR2CountyCLATSOPAPN61022CD00920

Schools near 1601 Spruce Drive

This home is within Seaside School District 10.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Seaside Heights Elementary School
PublicK to 5

Seaside Middle School
Public6 to 8

Seaside High School
Public9 to 12

Gearhart Elementary School
PublicK to 5

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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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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 XP Realty LLC

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 05/06/2026 01:06 PM