6117 NW Logan Rd Lincoln City, OR 97367
Estimated payment $6,067/month
Highlights
- Ocean View
- Baseboard Heating
- 2-minute walk to Roads End State Recreation Site
- No HOA
- Level Lot
About This Home
Incredible opportunity to own a triplex on the water with private steps to the sand. Each unit has its own incredible ocean views. This would be a great owner/user opportunity with income producing units to offset the mortgage. Listing agent is a member of the LLC.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,863
Year Built
- Built in 1960
Lot Details
- 0.45 Acre Lot
- Level Lot
Parking
- 2 Car Garage
- Assigned Parking
Home Design
- Composition Roof
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,992 Sq Ft Home
- 2-Story Property
- Ocean Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Schools
- Oceanlake Elementary School
- Taft Middle School
- Taft High School
Utilities
- No Cooling
- Baseboard Heating
- Cistern
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number R371185
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $40,000
- Gross Income $120,000
- Net Operating Income $80,000
Map
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 | $13,863 | $819,290 | -- | -- |
| 2023 | $13,481 | $795,430 | $0 | $0 |
| 2022 | $13,105 | $772,270 | $0 | $0 |
| 2021 | $12,473 | $749,780 | $0 | $0 |
| 2020 | $12,029 | $727,950 | $0 | $0 |
| 2019 | $11,929 | $720,860 | $0 | $0 |
| 2018 | $11,584 | $699,870 | $0 | $0 |
| 2017 | $11,311 | $693,570 | $0 | $0 |
| 2015 | $10,743 | $668,050 | $0 | $0 |
| 2014 | $9,990 | $648,600 | $0 | $0 |
| 2013 | -- | $629,710 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2025 05/31/25 | Price Changed | $849,500 | -2.9% | $284 / Sq Ft |
| 05/13/2025 05/13/25 | For Sale | $875,000 | -- | $292 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $700,001 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Bargain Sale Deed | -- | None Listed On Document | |
| Bargain Sale Deed | -- | None Available | |
| Bargain Sale Deed | -- | Accommodation | |
| Bargain Sale Deed | -- | First American Title Ins Co | |
| Warranty Deed | $1,087,500 | Wte | |
| Interfamily Deed Transfer | -- | Wte |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $105,000 | Credit Line Revolving | |
| Previous Owner | $840,000 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 341100527
APN: R371185
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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.
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