Indulge in coastal living with ocean views from this amazing duplex, just 1.5 blocks from the beach. A rare opportunity to own this unique property to build another structure on the large lot, have as an investment property or live there and enjoy all the space this duplex has to offer. Original home built in 1930 has 2 beds, 1 bath and so much of the original character, plus modern upgrades in the kitchen and bathroom. The kitchen is the heart of this home with beautiful granite countertops, SS appliances, custom maple cabinetry and a quaint kitchen nook. Hardwood and tile floors throughout are the perfect choices for everyday beach living. Large backyard is perfect for gathering around an outdoor firepit and admiring an enchanting stream that runs along the property. Adding even more versatility is the enormous shop (72'x28'), built in 2010 with a new furnace, a specialized car paint booth, 1/2 bath, 3 large bay doors that fit an RV/boat and several vehicles. Upper level has 3 beds and 2 baths, a modern kitchen with granite, knotty alder cabinets, SS appliances and a viewing balcony. The adjoining area is unfinished and can be custom designed for additional living space. There is a 2nd balcony to take in the ocean views. New roof in 2025. Large grass lot is a separate tax parcel and is zoned R2. Fall asleep and wake up to the soothing sounds of the ocean or take a short walk and stroll the beautiful beach. Enjoy whale watching, fireworks on the beach, 4th of July parade that runs right by the property, king tides, kite festivals and sunsets. To top it all off, the best clamming, fishing, wildlife and uncrowded beach this area has to offer. This unique property delivers the perfect blend of recreation and lifestyle. Come spend the day at the ocean and make this your forever home!
Nestled in the heart of Rockaway Beach, Oregon, The Blue Octopus is a thriving boutique 6 unit hotel offering a collection of charming, retro-inspired cottages just off the beach. With ocean views and beach access right outside your door, this profitable property presents an incredible investment opportunity. Bright, clean, and cozy, each unit provides a comfortable retreat with unique decor that keeps guests returning time and again. Experience the perfect blend of comfort, charm, and coastal beauty at The Blue Octopus—your home away from home in Rockaway Beach and a lucrative business venture.
Unlock the ultimate coastal investment with this versatile duplex, perfectly positioned to capture both the soothing white noise of the surf and a steady rental stream. Just a stone’s throw from the beach via a convenient trail, this property is a premier find for savvy investors or anyone seeking a coastal home with built-in income potential. With transferable short-term rental permits for each unit, this property is ideal for those seeking a prime coastal location. Each unit features four spacious bedrooms and three full bathrooms, providing ample space for your family or guests. With plenty of parking available, you can easily explore the beach or nearby attractions. The property also enjoys a unique touch of local history, as the Oregon Coast Scenic Railroad occasionally passes by on the tracks out front. These vintage tourist trains run only on a limited, seasonal schedule, offering a charming and nostalgic sight rather than the activity of a standard commercial line. It’s a delightful, "only-on-the-coast" feature that adds a bit of whimsical character to an already standout property. Approximately 90 minutes from PDX, this duplex presents a fantastic chance to capitalize on the growing demand for coastal real estate.

Rockaway Beach is located in Oregon. Rockaway Beach, Oregon has a population of 1,456. Rockaway Beach is more family-centric than the surrounding county with 33.33% of the households containing married families with children. The county average for households married with children is 20.38%.
The median household income in Rockaway Beach, Oregon is $50,556. The median household income for the surrounding county is $55,730 compared to the national median of $69,021. The median age of people living in Rockaway Beach is 46.6 years.
The average high temperature in July is 67.6 degrees, with an average low temperature in January of 38.1 degrees. The average rainfall is approximately 96.3 inches per year, with 4.8 inches of snow per year.