$1,255,000
Lincoln City, OR 97367
MLS# LC-88890
Status: Closed
30 beds | 16 baths | 13198 sqft
1 / 16
Property Description
Incredible investment opportunity in Lincoln City. Two multi-unit buildings sit on a dead-end street with light traffic. Ample parking, open landscaping, and a shared laundry center. There are 14 units total. 12 - 2 bed 1 bath units and 2 - 3 bed 1.5 bath townhomes. The townhomes feature washer/dryer hook ups, fire place, dishwasher, and garage. Almost all units have been updated. Buildings feature vinyl windows and sliders, fresh paint, and new roofs. Great location in the heart of town, close to the Oregon Coast HWY, bus stop, and a mile to the beach. Buildings are located near wooded land full of beautiful walking trails. Just down the road there is public access to Devils Lake and Holms Rd Park.
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2020-01-31
Purchase Contract Date: 2019-08-17
Close Date: 2020-01-31
Close Price: 1255000
Interior
Basement YN: No
Fireplace YN: Yes
Living Area Source: Owner
Bedrooms Total: 30
Bathrooms Total: 16
Living Area: 13198
Lot
Lot Size Dimensions: 34848
Lot Size Acres: 0.8
Lot Size Square Feet: 34848
Utilities
Electricity Connected: 1
Natural Gas Not Available: 1
Remarks
Lincoln Public Historical Details: Water: City Street, Expenses: 38784, Financials Available: Yes
Appliances
Dishwasher: 1
Refrigerator: 1
Architectural Style
Traditional: 1
Construction Materials
T1-11 Type: 1
Fireplace Features
Wood Burning: 1
Flooring
Carpet: 1
Vinyl: 1
Other: 1
Foundation Details
Concrete Perimeter: 1
Pillar/Post/Pier: 1
Heating
Electric: 1
Baseboard: 1
Zoned: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Other Structures
Workshop: 1
Outdoor Living Spaces Features
Covered Patio: 1
Deck: 1
Patio: 1
Parking Features
Attached Garage: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Income and Expenses
Gross Income: 132168
Additional Tax and Location Information
Highway 101: East Side
Property Tax ID #: R430275
Subdivision Block: 2
Subdivision Parcel/Lot: 1201
Tax District: 407
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Historical Details
Historical MLS Number: 19-2022
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Address
Street Number: 3104-3110
Street Direction Prefix: NE
Street Name: Tide
Street Suffix: Avenue
County: Lincoln
State: OR
Postal Code: 97367
Directions: South on Oregon Coast HWY 101, East (L) on NE Holmes Rd, Right on NE Tide Ave, buildings on the left.
Cross Street: NE Holmes Rd
Parcel Number: 071102CD-1201-00
Contract
Current Price: $1,255,000
Status: Closed
Begin Date: 2019-07-31
Sold Price: $1,255,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Tax Annual Amount: 12096.43
Tax Year: 2018
Zoning: R-M Residential, Multifamily
Tax Lot: 20120100
Tax Map Number: 07s11w02CD
AssociationCommunity
Number of Units: 14
Parking Information
Garage YN: 1
Parking Total: 24
Building
Year Built: 1980
Property Features
Utilities: Electricity Connected; Natural Gas Not Available; Electricity Connected; Natural Gas Not Available
Appliances: Dishwasher; Refrigerator
Architectural Style: Traditional
Construction Materials: T1-11 Type
Fireplace Features: Wood Burning
Flooring: Carpet; Vinyl; Other
Foundation Details: Concrete Perimeter; Pillar/Post/Pier
Heating: Electric; Baseboard; Zoned
Levels: Two
Listing Terms: Cash; Conventional
Other Structures: Workshop
Outdoor Living Spaces Features: Covered Patio; Deck; Patio
Parking Features: Attached Garage
Road Surface Type: Paved
Roof: Composition
Sewer: Public Sewer
Showing Requirements: Appointment Only; Call Listing Office
Property Detail Listing Office: Legacy Real Estate
Office Phone: 503-390-1375
Office Email: JamesH@LegacyRE.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.