$620,000
Depoe Bay, OR 97341
MLS# 26-2273
5 beds | 3 baths | 2798 sqft
1 / 46
Property Description
Investment opportunity in the heart of Depoe Bay! This spacious duplex offers excellent flexibility for a long-term rental portfolio, multi-generational living, or an owner-occupant looking to offset housing costs by living in one unit and renting the other. Unit A offers a generous 3-bedroom, 2-bath layout with two skylights and a cozy gas fireplace in the living room. A main-level bedroom and full bath provide added versatility, while upstairs you'll find the primary bedroom with an attached continental bath. An oversized double garage includes a laundry area and provides excellent parking and storage. Outside, tenants or owners can enjoy a large backyard with play structure, garden boxes and a charming gazebo tucked into the front side yard. Unit B features 2 spacious bedrooms and 1 bath, an open kitchen and dining area with a skylight, convenient laundry closet, and a generously sized primary bedroom with its own sitting area. The living space is primarily single-level, with only a couple of steps separating the living room from the remainder of the home. A long driveway provides off-street parking for at least two vehicles, and a separate storage shed offers additional space for tools, recreational gear and more. Situated on a quiet cul-de-sac just a few blocks from Depoe Bay City Hall, the harbor and city park, and just south of the iconic Depoe Bay Bridge. Shops, restaurants, whale watching and the many attractions of this popular Oregon Coast community are all nearby.
Details
Maps
Status Change Information
Status Change Timestamp: 2026-08-15
Address
Unit Number: A & B
Within City Limits?: Yes
Street Number: 26
Street Name: Jewel
Street Suffix: Court
County: Lincoln
State: OR
Postal Code: 97341
Directions: Hwy 101, East on Schoolhouse Dr just before the Shell Station, right on Jewel Ct to the end of the cul-de-sac.
Cross Street: Schoolhouse Dr.
Parcel Number: 091108DB0010200
Contract
Permissible for Vacation Rental: Unknown
Current Price: $620,000
Status: Active
Begin Date: 2026-08-15
List Price: $620,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Currently Not Used
Accessory Dwelling Unit YN: No
Tax & Legal
CC&R's: No
Association/Community
Senior Community YN: No
Interior
Above Grade Unfinished Area: 0
Below Grade Unfinished Area: 0
Basement YN: No
Fireplace YN: Yes
Living Area Source: Assessor
Main Floor Living: Yes
Bedrooms Total: 5
Bathrooms Total: 3
Bathrooms Full: 3
Above Grade Finished Area: 2798
Living Area: 2798
Fireplaces Total: 2
Building
Year Built Source: Assessor
Year Built Details: Newer roof in 2019
Accessibility Features YN: No
Year Built: 1993
Stories Total: 2
Lot
Pool Private YN: No
View YN: No
Water Body Access YN: No
Lot Size Acres: 0.26
Lot Size Square Feet: 11325.6
Utilities
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Gas Range: 1
Refrigerator: 1
Washer: 1
Architectural Style
Traditional: 1
Building and Property Details
Exterior Color: Grey
Washer/Dryer Type: Electric
Construction Materials
HardiPlank Type: 1
Lap Siding: 1
Cooling
None: 1
Electric
200+ Amp Service: 1
Exterior Features
Garden: 1
Other: 1
Fencing
Partial: 1
Fireplace Features
Gas: 1
Flooring
Carpet: 1
Laminate: 1
Vinyl: 1
Foundation Details
Concrete Perimeter: 1
Heating
Electric: 1
Other: 1
Laundry Features
Electric Dryer Hookup: 1
Laundry Closet: 1
Main Level: 1
Washer Hookup: 1
Levels
One and One Half: 1
Listing Terms
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Lot Features
Cul-De-Sac: 1
Level: 1
Rolling Slope: 1
Wooded: 1
Other Equipment
None: 1
Other Structures
Shed(s): 1
Outdoor Living Spaces Features
Open Patio: 1
Parking Features
Attached Garage: 1
Driveway: 1
Off Street: 1
Paved: 1
Pet Information
Pet Friendly: No
Pets Allowed YN: No
Possession
Negotiable: 1
Subject To Tenant Rights: 1
Road Frontage Type
City Street: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Asphalt: 1
Roof
Composition: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Special Listing Conditions
Standard: 1
Trust: 1
Water Source
Public: 1
Window Features
Blinds: 1
Skylight(s): 1
Vinyl Frames: 1
Income and Expenses
Gross Income: 40800
Sewer Expense: 1710
Water Expense: 1380
Cap Rate: 5.04
Gross Scheduled Income: 40800
Insurance Expense: 1250
Net Operating Income: 31392.16
Operating Expense: 9407.84
Total Actual Rent: 3400
Owner Pays
Sewer: 1
Water: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Exterior Maintenance: 1
Gas: 1
Internet: 1
Trash Collection: 1
Unit One
Unit Number: A
Occupied: Yes
Beds Total: 3
Baths Total: 2
Living Area: 1525
Furnished: Unfurnished
Walls: Paint
Parking Spaces: 2
Unit Description: Skylights in kitchen/eating area and upper level. Large rooms, gas fireplace in living room, large double garage with laundry.
Actual Rent: 1900
Unit One Features
Dishwasher: 1
Electric Dryer Hookup: 1
Fireplace: 1
Range/Oven: 1
Refrigerator: 1
Washer: 1
Washer Hookup: 1
Unit Two
Unit Number: B
Occupied: Yes
Beds Total: 2
Baths Total: 1
Living Area: 1273
Furnished: Unfurnished
Walls: Paint
Parking Spaces: 1
Unit Description: 2 large bedrooms, 1 bath, no garage but off street parking on long driveway + shed.
Actual Rent: 1500
Unit Two Features
Dishwasher: 1
Disposal: 1
Electric Dryer Hookup: 1
Fireplace: 1
Range/Oven: 1
Refrigerator: 1
Washer: 1
Washer Hookup: 1
Additional Tax and Location Information
Highway 101: East Side
Property Tax ID #: R502256
Subdivision Parcel/Lot: 09-11-08-DB-00102-00
Tax District: 403
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Documents
Plat Map: 1
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Duplex
Tax Legal
Subdivision Name: Depoe Bay
School District: Lincoln County School District
Tax Annual Amount: 5067.84
Tax Year: 2025
Zoning: R-2 Residential
Tax Block: 2032
Tax Lot: 102
Tax Map Number: 091108DB
AssociationCommunity
Number Of Buildings: 1
Number of Units: 2
Parking Information
Garage YN: 1
Garage Spaces: 2
Parking Total: 6
Meter Information
Number Of Separate Electric Meters: 2
Number Of Separate Gas Meters: 2
Number Of Separate Water Meters: 1
Unit Details
Number Of Units Leased: 2
Property Features
Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Appliances: Dishwasher; Disposal; Dryer; Gas Range; Refrigerator; Washer
Architectural Style: Traditional
Construction Materials: HardiPlank Type; Lap Siding
Cooling: None
Electric: 200+ Amp Service
Exterior Features: Garden; Other
Fencing: Partial
Fireplace Features: Gas
Flooring: Carpet; Laminate; Vinyl
Foundation Details: Concrete Perimeter
Heating: Electric; Other
Laundry Features: Electric Dryer Hookup; Laundry Closet; Main Level; Washer Hookup
Levels: One and One Half
Listing Terms: Cash; Conventional; FHA; VA Loan
Lot Features: Cul-De-Sac; Level; Rolling Slope; Wooded
Other Equipment: None
Other Structures: Shed(s)
Outdoor Living Spaces Features: Open Patio
Owner Pays: Sewer; Water
Parking Features: Attached Garage; Driveway; Off Street; Paved
Possession: Negotiable; Subject To Tenant Rights
Road Frontage Type: City Street
Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt
Roof: Composition
Security Features: Carbon Monoxide Detector(s); Smoke Detector(s)
Sewer: Public Sewer
Special Listing Conditions: Standard; Trust
Tenant Pays: Cable TV; Electricity; Exterior Maintenance; Gas; Internet; Trash Collection
Unit One Features: Dishwasher; Electric Dryer Hookup; Fireplace; Range/Oven; Refrigerator; Washer; Washer Hookup
Unit Two Features: Dishwasher; Disposal; Electric Dryer Hookup; Fireplace; Range/Oven; Refrigerator; Washer; Washer Hookup
Water Source: Public
Window Features: Blinds; Skylight(s); Vinyl Frames
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent
Documents: Plat Map
Supplements
Current rents are low for this size of property, but tenants are long term and would love to stay.
Listing Office: Taylor & Taylor Realty Company
Office Email: rebroker.geraldaldrich@gmail.com
Last Updated: August - 15 - 2026
Information deemed reliable but not guaranteed.