$489,000
$86K PRICE DROP

3570 U S 101 Depoe Bay, OR 97341

Lincoln Beach Neighborhood

Estimated payment $2,921/month

Total Views 10,729
3 Beds
3 Baths
1,698 Sq Ft
$288 Price per Sq Ft

Highlights

  • Deck
  • Cottage
  • Handicap Accessible
  • No HOA
  • Covered patio or porch
  • 4-minute walk to Fishing Rock State Recreational Site

About This Home

Fantastic income property. Triplex Zoned Commercial Tourist. One unit has recently been fully remodeled, the other two were partially updated in 2018. Units 1 and 2 can be combined into one unit. Comes with a big billboard with Northern and Southern Hwy 101 exposure for additional income. If buildings are used to house a business' this is a great asset, or could potentially be rented for additional income.
This is the first time units have been vacant in years, and are only being kept that way to make it easier to show, and sell. Great spot half way between Newport and Lincoln City. Seller is a license broker in the State of Oregon.

Listing Agent

Shelli Neal

Realty One Group At the Beach, License #201220482

Realty One Group At the Beach,

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,521

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts a highway

Home Design

  • Cottage
  • Composition Roof
  • Shingle Siding
  • Cedar Siding
  • Shake Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,698 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Accessible Home Design

  • Accessible Bathroom
  • Handicap Accessible
  • Ramp on the main level

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Utilities

  • Zoned Cooling
  • Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 1800
  • Assessor Parcel Number 081128CB-1800-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,521

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: Highway
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.6
  • Road Surface Type: Paved
  • Inclusions: Billboard appliances
  • Subdivision Name: N/A
  • Directions: Hwy 101, triplex is on the east side of the hwy across from Sundown St. 1/8 mile or so South of Chester's market.
  • Architectural Style: Cottage
  • Garage Yn: No
  • Year Built Details: Updated 2018 & 2021
  • Year Built: 1930
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Highway
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:_pound_ of Acres: 0.16
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 1800
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 3.0
  • General Property Description:Levels: One
  • General Property Description:Style: Cottage
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:RangeOven: Gas
  • Location Tax and Other Information:Subdv ParcelLot: 1800
  • Outbuildings:Shed: Yes
  • Flooring:Vinyl2: Yes
  • Siding:Cedar: Yes
  • Flooring:Carpet: Yes
  • DeckPatio:Covered Patio: Yes
  • DeckPatio:Deck and Patio: Yes
  • Siding:Shingle2: Yes
  • Alternate Heat:Gas Stove: Yes
  • Siding:Shake2: Yes
  • Miscellaneous:Handicap Accessible: Yes
  • Handicap Features:Ramped Main Level: Yes
  • HeatingCooling:Zone - Elect: Yes
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Window Features: Window Coverings
  • Handicap Features:Bath Modifications: Yes

Exterior Features

  • View: None
  • Foundation Details: Concrete Perimeter
  • Other Structures: Shed(s)
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Open Parking Spaces: 8.0
  • General Property Description:Garage Type: None
  • External Features:Parking Spaces: 8.0

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 081128CB-1800-00
  • Zoning: C-T Tourist Commercial
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2521.39
  • Tax Year: 2021

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2024 06/29/24 Price Changed $489,000 -2.0% $288 / Sq Ft
06/06/2024 06/06/24 For Sale $499,000 0.0% $294 / Sq Ft
05/31/2024 05/31/24 Off Market $499,000 -- --
04/13/2024 04/13/24 Price Changed $499,000 -5.0% $294 / Sq Ft
02/29/2024 02/29/24 For Sale $525,000 0.0% $309 / Sq Ft
02/28/2024 02/28/24 Off Market $525,000 -- --
02/12/2024 02/12/24 Price Changed $525,000 -4.5% $309 / Sq Ft
01/31/2024 01/31/24 Price Changed $550,000 -4.3% $324 / Sq Ft
12/22/2023 12/22/23 For Sale $575,000 -- $339 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 23-2289

Oregon Lincoln County Depoe Bay 97341 Lincoln Beach

3570 U S 101, Depoe Bay, OR

Homes for Sale in Depoe Bay, OR

This home is located at 3570 U S 101, Depoe Bay, OR 97341 and is currently priced at $489,000, approximately $287 per square foot. This property was built in 1930. 3570 U S 101 is a home located in Lincoln County with nearby schools including Taft Elementary School, Oceanlake Elementary School, and Taft High School.

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Shelli Neal
Listing Agent
Shelli Neal
Section Image
Realty One Group At the Beach,
(458) 200-5222