$489,000
$86K PRICE DROP

Estimated payment $2,937/month

Total Views 25,672
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 Listed on: 06/13/2024

Realty One Group At the Beach,

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,834

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

$2,834

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
  • Internal Features:Water Heater: Electric
  • 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
  • General Property Description Senior Community YN: No
  • 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

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2834.22
  • Tax Year: 2024

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)

About the Listing Agent

Shelli Neal

Realty One Group At the Beach,

(458) 200-5222

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Oregon Coast Native who loves the real estate industry! I love people, real estate, and bringing them together to reach their goals and dreams. I have the best job in the world, and I believe in serving, not selling. Helping people achieve their dreams, bringing value, and educating people on the real estate process is pure joy to me. Being of service to people is what I strive for every day.

Shelli's Other Listings

  • 3158 SW Beach Ave, Lincoln City, OR 97367

    $609,900

    • 4 Beds
    • 4 Baths
    • 2,278 Sq Ft
    • 3158 SW Beach Ave
    • Lincoln City, OR

    BEAUTIFUL NELSCOTT BEACH HOUSE with breathtaking ocean views and one block to the beach! This light, bright, and airy floor plan features walls of west and south facing windows on all levels + a spacious second-level deck to take in the gorgeous ocean and mountain views. Comfortable 4-bedroom, 3.5-bath features 2 large, full primary suites, a shared jack-and-jill for the remaining 2 bedrooms, and

    Shelli Neal Realty One Group At the Beach,

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  • 1115 SW 14th St, Lincoln City, OR 97367

    $325,000 Under Contract

    • 3 Beds
    • 1 Bath
    • 1,024 Sq Ft
    • 1115 SW 14th St
    • Lincoln City, OR

    Well used and loved SW Lincoln City home located close to the outlet mall, restaurants, and shopping. Same owner for 28 years. Great bones. New roof in 2016, new gas water heater in 2024, and a new toilet in the bathroom. Large partially fenced yard tops it off. Quiet neighborhood and close to beach access at Canyon Park. Price reflects needed updates and repairs.

    Shelli Neal Realty One Group At the Beach,

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  • 1415 NW 31st Place, Lincoln City, OR 97367

    $324,900

    • 1 Bed
    • 1 Bath
    • 590 Sq Ft
    • 1415 NW 31st Place
    • Lincoln City, OR

    Unbelievable ocean views that feel like ocean front. Dedicated beach access, salt water swimming pool, game room, hot tub, laundry onsite. Live full time w/pets, or add to the rental pool. Sold furnished. Seller will pay the balance of the 72,000 assessment through closing.

    Shelli Neal Realty One Group At The Beach

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  • 1415 NW 31st Place Unit 356, Lincoln City, OR 97367

    $324,900

    • 1 Bed
    • 1 Bath
    • 590 Sq Ft
    • 1415 NW 31st Place
    • Unit 356
    • Lincoln City, OR

    Unbelievable ocean views that feel like ocean front. Dedicated beach access, salt water swimming pool, game room, hot tub, laundry onsite. Live full time w/pets, or add to the rental pool. Sold furnished. Seller will pay the balance of the 72,000 assessment through closing.

    Shelli Neal Realty One Group At the Beach,

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  • 2136 NW Mast Ave, Lincoln City, OR 97367

    $527,000 Sold Jul 09, 2025

    • 3 Beds
    • 3 Baths
    • 2,244 Sq Ft
    • 2136 NW Mast Ave
    • Lincoln City, OR

    If you're looking for a home that has it all, you've found it. Location is walking distance to town, the beach, and schools. This home is elegant, yet cozy, with plenty of room for anyone, and everyone, including a nice yard for Fido. Sit out on the large deck and enjoy slight ocean views and the afternoon sunshine. All offers considered, so make an appointment to see this well maintained,

    Shelli Neal Realty One Group At the Beach,

  • 659 N Overlook Loop, Otis, OR 97368

    $356,000 Sold Apr 29, 2025

    • 3 Beds
    • 2 Baths
    • 1,456 Sq Ft
    • 659 N Overlook Loop
    • Otis, OR

    Welcome to 659 N Overlook Loop, an immaculate home perched on a hill in beautiful Otis. This stunning 2021 manufactured home offers an open concept design with high ceilings and an abundance of natural light, creating a spacious yet cozy living space. Beautiful decks with a powered BBQ, and powered RV parking area, perfect for outdoor entertaining with it's lovely landscaping that enhances the

    Shelli Neal Realty One Group At the Beach,

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

MLS Number: 23-2289