Get new listings emailed daily! JOIN SIGN IN
Denny Osborn, Broker
REALTOR®, ABR, e-PRO, RSPS
(541) 771-1578
Facebook Icon LinkedIn Icon Instagram Icon 
Refine Search

81165 81167 Lower Nehalem Rd, Elsie, OR 97138

$749,000

48 Total Photos [Click to View All]

Property Description

Two homes on over 7 riverfront acres! The 1983 home is 3 bedroom, 2 bath with primary on main floor. Bath has a wonderful claw-foot tub, large rooms, living room has a fireplace, large dining area with a pellet stove and great pasture, valley, forest and river views. Large shop building with tall doors for RV storage plus implement shed. River view deck, yard and pasture have southern exposure. 1999 home is a 3/2 manufactured home with garage, deck and yard.Property had frontage on Humbug Creek with its 5 native runs of salmon, river otters and abundant bird-life. Perfect location, only about 30 minutes to Seaside/Cannon Beach and an hour to Beaverton/Hillsboro. Room for everyone, this multi-generational opportunity is a rare find in a peaceful rural setting.

81165 81167 Lower Nehalem Rd | MLS# 210552793

This multi-family property located at 81165 81167 Lower Nehalem Rd, Elsie, OR 97138 is currently listed for sale with an asking price of $749,000. Search Elsie real estate on dennyosborn.bendpremierrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Cooling: None
Fuel Type: Electricity
Heating: Heat Pump
Roof Type: Composition, Metal
Stories: 2.0
Taxes: $6,276
Year Built: 1983

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 3
Features: Deck, Fireplace, TrashCompactor, WasherDryer
Square Footage: 3103
Total Units: 1
Unit Type 2:
Bathroom(s): 2
Bedrooms: 3
Features: Deck, WasherDryerHookup
Rent: $1250.00
Square Footage: 1296
Total Units: 1

Feature Descriptions

Body of Water: Humbug Creek
Days on Site: 2
Exterior: Cedar, Other
Gross Income: $15000.00 (Actual)
Hot Water: Electricity
Lot: Gentle Sloping, Pasture, Private, Private Road, Stream, Trees
Net Income: $15000.00 (Actual)
Parking: Covered
Parking Notes: Covered
Sewer: Standard Septic
Special View Info: River, Trees/Woods, Valley
Units: 2
Water: Spring
Waterfront: River Front

Local Schools

High School: Jewell
Middle School: Jewell
Elementary School: Jewell

Listed By / Shown By

Listed By

Agency Name: Windermere Realty Trust
Agency Phone: 503-738-8522

Shown By

Agent Name: Denny Osborn, Broker
Agent Phone: (541) 771-1578
Agency Title: Bend Premier Real Estate

IDX logo

Estimate Your Payment

Estimated Payment

$ 4,528.81 per month $3,787.35 Principal & Interest $523.00 Property Tax $218.46 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/01/2026. The listing information on this page last changed on 08/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 08/01/2026 12:11:22 AM EST) or RMLS (last updated Fri 07/31/2026 2:43:17 AM EST) or COAR/MLSCO (last updated Sat 08/01/2026 12:01:24 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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 other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Pixel