2223 SW Coast Ave Lincoln City, OR 97367
Estimated payment $7,964/month
Total Views
3,317
7
Beds
4
Baths
3,348
Sq Ft
$388
Price per Sq Ft
About This Home
Rare opportunity to own a fully updated furnished duplex with deeded beach access/private stairs to 7 miles of pristine Oregon coastline. Both units are move-in ready & feature new siding, exterior paint, luxury vinyl flooring, high-efficiency furnaces, updated electrical & panels, washer/dryer sets & fully equipped kitchens. Spacious layouts: one side 3BR, the other 4BR—perfect for families, retreats, or 30+ day furnished rentals. Oceanfront patio w/hot tub offers front-row sunsets & whale watching. Strong demand for mid-term rentals (MTR), corporate housing & travel nurse stays makes this an exceptional investment opportunity. Whether as a coastal getaway, multigenerational retreat, or cash-flowing furnished rental, this property delivers luxury, flexibility & proven income potential.
Listing Agent
Keller Williams Capital City Brokerage Phone: 503-830-9467 License #961200091 Listed on: 07/11/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,291
Year Built
- Built in 2001
Lot Details
- 0.36 Acre Lot
- Ocean Front
Parking
- Driveway
Property Views
- Ocean
- Territorial
Home Design
- Composition Roof
- Shingle Siding
- Shake Siding
- Stone Siding
- Concrete Perimeter Foundation
- Wood Composite
Interior Spaces
- 3,348 Sq Ft Home
- 3-Story Property
- Natural lighting in basement
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Schools
- Oceanlake Elementary School
- Taft Middle School
- Taft High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Electric Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number R398959
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $11,291 | $662,300 | -- | -- |
| 2023 | $10,980 | $643,010 | $0 | $0 |
| 2022 | $10,674 | $624,290 | $0 | $0 |
| 2021 | $10,168 | $606,110 | $0 | $0 |
| 2020 | $9,934 | $588,460 | $0 | $0 |
| 2019 | $9,595 | $571,330 | $0 | $0 |
| 2018 | $9,380 | $554,690 | $0 | $0 |
| 2017 | $8,977 | $538,540 | $0 | $0 |
| 2016 | $8,299 | $522,860 | $0 | $0 |
| 2015 | $8,304 | $512,130 | $0 | $0 |
| 2014 | $8,093 | $497,220 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Price Changed | $1,299,000 | -6.9% | $388 / Sq Ft |
| 08/06/2025 08/06/25 | Price Changed | $1,395,000 | -3.5% | $417 / Sq Ft |
| 08/04/2025 08/04/25 | Price Changed | $1,445,000 | -3.3% | $432 / Sq Ft |
| 07/11/2025 07/11/25 | For Sale | $1,495,000 | -- | $447 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,234,700 | Western Title | |
| Bargain Sale Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $987,760 | New Conventional | |
| Previous Owner | $450,000 | New Conventional | |
| Previous Owner | $350,000 | Commercial | |
| Previous Owner | $378,000 | Fannie Mae Freddie Mac |
Source: Public Records
Similar Homes in the area
-
$997,000
- 9 Beds
- 6 Baths
- 4,497 Sq Ft
- 3979 3989 NE Johns Avenue 3999 Ave
- Neotsu, OR
Income-Producing Triplex with Seasonal Lake Views in Desirable Neotsu. Excellent investment opportunity in the peaceful lakeside community of Neotsu, just minutes from Lincoln City and the Oregon Coast. This well-maintained tri-plex offers three spacious units, each with 3 bedrooms, 2 bathrooms, and approximately 1,499 square feet of bright, open living space. Features include driftwood-style
Hannah Katz Coldwell Banker Professional
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 523323330
APN: R398959
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate 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 Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Nearby Homes