$895,000
Waldport, OR 97394
MLS# 26-617
5 baths | 3116 sqft
1 / 20
Property Description
Residential & Commercial with Expansion Potential. Exceptional investment opportunity! This well-maintained apartment building features: 3 residential units with great natural light and rental history; 2 commercial office spaces perfect for small businesses or remote professionals; Laundry room for tenant convenience; Garage for storage or workshop use. Zoned for expansion - add up to 4 more residential units Ideal for investors seeking stable income and future growth, or owner-occupants looking to live and work in one dynamic space. Within the city limits of Waldport. Don't miss this rare opportunity to own a versatile property in a high Prime Location. Close to beach & shopping. Please do not disturb tenants. Listing Agent is one of the owners
Details
Maps
Status Change Information
Status Change Timestamp: 2026-03-16
Address
Within City Limits?: Yes
Street Number: 220
Street Direction Prefix: NW
Street Name: Spring
Street Suffix: Street
County: Lincoln
State: OR
Postal Code: 97394
Directions: Highway 101, east on Hwy 34, left on Spring. On corner of Spring & Alder
Cross Street: Cedar
Parcel Number: 13-11-19-AC-1700
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Interior
Basement YN: No
Fireplace YN: No
Furnished: Unfurnished
Above Grade Finished Area: 1558
Below Grade Finished Area: 1558
Living Area: 3116
Building Area Source: Assessor
Bathrooms Total: 5
Building
Year Built Source: Assessor
Accessibility Features YN: No
Number Of Buildings: 1
Year Built: 2003
Year Built Effective: 2003
Stories Total: 2
Lot
Lot Size Dimensions: 100x100
Water Body Access YN: No
Accessory Dwelling Unit YN: Yes
View YN: Yes
Lot Size Acres: 0.23
Lot Size Square Feet: 10018.8
Utilities
Electricity Connected: 1
Natural Gas Not Available: 1
Sewer Connected: 1
Water Connected: 1
Appliances
Dryer: 1
Electric Oven: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Water Heater: 1
Building and Property Details
# Of Offices: 2
# Of Tenants: 3
Building and Property Condition: good
Washer/Dryer Type: Electric
Construction Materials
Cedar: 1
Shake Siding: 1
Shingle Siding: 1
Cooling
Ceiling Fan(s): 1
Fencing
Chain Link: 1
Privacy: 1
Flooring
Vinyl: 1
Other: 1
Foundation Details
Slab: 1
Heating
Electric: 1
Laundry Features
Common Area: 1
Electric Dryer Hookup: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lot Features
Level: 1
Other Structures
Shed(s): 1
Parking Features
Additional Parking: 1
Off Street: 1
Possession
Close Of Escrow: 1
Road Frontage Type
County Road: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Pet(s) on Premises: 1
Special Listing Conditions
Standard: 1
Water Body Type
Ocean: 1
Water Heater
Electric: 1
Water Source
Public: 1
Window Features
Double Pane Windows: 1
Vinyl Frames: 1
Income and Expenses
Gross Income: 65040
Gross Scheduled Income: 65040
Insurance Expense: 2871
Maintenance Expense: 1200
Operating Expense: 4236.38
Total Actual Rent: 65040
Owner Pays
Common Area Maintenance: 1
Sewer: 1
Trash Collection: 1
Water: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Internet: 1
Building Features
Kitchen Facilities: 1
Laundry Facilities: 1
Separate Office Area: 1
Storage: 1
Business Details
Equip/FF Incl Y/N: No
Business Type
Parking: 1
Professional/Office: 1
Rental: 1
Existing Lease Type
Gross: 1
Location of Property
City: 1
Corner Lot: 1
Sale Includes
Building: 1
Land: 1
Additional Tax and Location Information
Highway 101: East Side
Property Tax ID #: R429258
Subdivision Block: 32
Subdivision Parcel/Lot: 3
Subdivision Phase/Addition: 2
Tax District: 301
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Documents
Flood Zone: 1
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Mixed Use
Contract
Current Price: $895,000
Status: Active
Begin Date: 2026-03-16
List Price: $895,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Ruble's to Waldport
Tax Annual Amount: 4350
Tax Year: 2025
Zoning: D-D Downtown District (Waldport)
Tax Block: 32
Tax Lot: 1700
Tax Map Number: 131119AC
Parking Information
Parking Total: 14
Unit Details
Number Of Units Leased: 5
Property Features
Utilities: Electricity Connected; Natural Gas Not Available; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Not Available; Sewer Connected; Water Connected
Appliances: Dryer; Electric Oven; Electric Range; Microwave; Refrigerator; Washer; Water Heater
Building Features: Kitchen Facilities; Laundry Facilities; Separate Office Area; Storage
Business Type: Parking; Professional/Office; Rental
Construction Materials: Cedar; Shake Siding; Shingle Siding
Cooling: Ceiling Fan(s)
Existing Lease Type: Gross
Fencing: Chain Link; Privacy
Flooring: Vinyl; Other
Foundation Details: Slab
Heating: Electric
Laundry Features: Common Area; Electric Dryer Hookup
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional
Location of Property: Corner Lot
Lot Features: Level
Other Structures: Shed(s)
Owner Pays: Common Area Maintenance; Sewer; Trash Collection; Water
Parking Features: Additional Parking; Off Street
Possession: Close Of Escrow
Road Frontage Type: County Road
Road Responsibility: Public Maintained Road
Road Surface Type: Paved
Roof: Composition
Sale Includes: Building; Land
Sewer: Public Sewer
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Internet
Water Body Type: Ocean
Water Heater: Electric
Water Source: Public
Window Features: Double Pane Windows; Vinyl Frames
Showing Considerations: Occupied; Pet(s) on Premises
Showing Requirements: Appointment Only; Call Listing Agent
Documents: Flood Zone
Listing Office: Emerald Coast Realty - Seal Rock
Office Email: pammugleston@gmail.com
Last Updated: June - 09 - 2026
Information deemed reliable but not guaranteed.