$705,000
Waldport, OR 97394
MLS# LC-102986
Status: Closed
8 beds | 6 baths | 3652 sqft
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Property Description
Investor Alert!! 5-PLEX in Waldport near the Bay Front! Well maintained and ready for new owners. Many of the units have been updated and property is occupied. Onsite coin Laundry and single car attached garage for storage or potential to rent out. Boutique Style plex and professionally managed. Please Do Not Disturb the Tenants. This unique property boasts an excellent location just off the Bay front and near Downtown Waldport and Alsea River Boat Launch! 2x 1-bedroom units and 3x 2-bedroom units. Plenty of off-street parking. Call today to get the Details! Don't miss out! New flooring, fresh paint in unit 5. Call Today! Now is the time to grow your portfolio with this multiplex.
Details
Maps
Status Change Information
Status Change Timestamp: 2025-12-09
Price Change Timestamp: 2025-08-19T23:18:39Z
Purchase Contract Date: 2025-10-12
Close Date: 2025-12-09
Close Price: 705000
Contract
Permissible for Vacation Rental: Unknown
Current Price: $705,000
Status: Closed
Begin Date: 2025-02-13
Sold Price: $705,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: No
Association/Community
Senior Community YN: No
Interior
Basement YN: Yes
Living Area Source: Assessor
Main Floor Living: Yes
Bedrooms Total: 8
Bathrooms Total: 6
Living Area: 3652
Building
Year Built Details: updated
Year Built: 1981
Utilities
Electricity Available: 1
Electricity Connected: 1
Natural Gas Available: 1
Natural Gas Not Available: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Water: City - Property, Financials Available: Yes, Rental Agreement: Rental Agreement, Frontage/View Remarks: Super close to water access, Specially Assessed: No
Appliances
Dishwasher: 1
Dryer: 1
Electric Oven: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Water Heater: 1
Architectural Style
Traditional: 1
Building and Property Details
Washer/Dryer Type: Electric
Construction Materials
Concrete: 1
Flooring
Carpet: 1
Vinyl: 1
Foundation Details
Concrete Perimeter: 1
Permanent: 1
Heating
Electric: 1
Baseboard: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Submit: 1
Other Structures
None: 1
Outdoor Living Spaces Features
Covered Patio: 1
Parking Features
Attached Garage: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Subject To Tenant Rights: 1
Road Surface Type
Gravel: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Water Heater
Electric: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 74100
Unit Five
Unit Number: 5
Beds Total: 2
Baths Total: 2
Furnished: Unfurnished
Actual Rent: 1650
Unit Four
Unit Number: 4
Beds Total: 2
Baths Total: 1
Furnished: Unfurnished
Actual Rent: 750
Unit One
Unit Number: 1
Beds Total: 1
Baths Total: 1
Furnished: Unfurnished
Parking Spaces: 1
Actual Rent: 1350
Unit Three
Unit Number: 3
Beds Total: 2
Baths Total: 1
Furnished: Unfurnished
Actual Rent: 1600
Unit Two
Unit Number: 2
Beds Total: 1
Baths Total: 1
Furnished: Unfurnished
Actual Rent: 825
Additional Tax and Location Information
Highway 101: East Side
Neighborhood Code: WWM5
Property Tax ID #: R207608
Tax District: 303
Showing Requirements
24 Hour Notice: 1
Historical Details
Historical MLS Number: 25-259
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Address
Street Number: 180
Street Direction Prefix: NE
Street Name: Grant
Street Suffix: Street
Unit Number: 1,2,3,4,5
County: Lincoln
State: OR
Postal Code: 97394
Directions: Waldport Hwy 101 East at Hwy 34 signal, Left on Commercial left on Grant you have arrived .
Cross Street: Commercial
Parcel Number: 131119AB-900-00
Tax Legal
Subdivision Name: Waldport
Tax Annual Amount: 3754.66
Tax Year: 2024
Zoning: R-3 Residential
Tax Lot: 900
Tax Map Number: 131119AB
AssociationCommunity
Number of Units: 5
Parking Information
Garage YN: 1
Garage Spaces: 1
Parking Total: 5
Lot
Lot Size Acres: 0.11
Lot Size Square Feet: 4791.6
Property Features
Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Not Available; Water Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Not Available; Water Available
Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Microwave; Refrigerator; Washer; Water Heater
Architectural Style: Traditional
Construction Materials: Concrete
Flooring: Carpet; Vinyl
Foundation Details: Concrete Perimeter; Permanent
Heating: Electric; Baseboard
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional; Submit
Other Structures: None
Outdoor Living Spaces Features: Covered Patio
Parking Features: Attached Garage
Possession: Close Of Escrow; Negotiable; Subject To Tenant Rights
Road Surface Type: Gravel
Roof: Composition
Sewer: Public Sewer
Water Heater: Electric
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice
Listing Office: Taylor & Taylor Realty Company
Office Email: rebroker.geraldaldrich@gmail.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.