$1,100,000
Lincoln City, OR 97367
MLS# LC-81105
Status: Closed
10 beds | 6 baths | 6776 sqft
1 / 15
Property Description
1st time on the market-Oceanfront 5-plex in NW Lincoln City situated on almost a half acre featuring 107 feet of ocean frontage, rip-rap and located next to a beach access. Many opportunities under the Recreational Commercial (R-C) zoning including vacation rentals as an outright use. (Buyer should check with the City of Lincoln City for their intended use) Units 1-4 include refrigerator and range/ovens. Washers/dryers belong to tenants. Unit 5 ''owner's unit'' includes refrigerator, range/oven, hooded microwave, washer/dryer and is ''turn key'' furnished. Unit 5 is available for viewing anytime. The other 4 units cannot be shown prior to an accepted offer. Owner pays water/trash. Tenants pay electricity/cable. Please do not disturb tenants
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2018-03-07
Purchase Contract Date: 2018-01-11
Close Date: 2018-03-06
Close Price: 1100000
Interior
Basement YN: No
Fireplace YN: Yes
Living Area Source: Owner
Bedrooms Total: 10
Bathrooms Total: 6
Living Area: 6776
Lot
Lot Size Dimensions: 21344
View YN: Yes
Lot Size Acres: 0.49
Lot Size Square Feet: 21344.4
Waterfront YN: 1
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Remarks
Lincoln Public Historical Details: Water: City Property, Possession: Negotiable, Flood Plain Addendum Required, Sq Ft Remarks: OWner
Appliances
Refrigerator: 1
Water Heater: 1
Architectural Style
Contemporary: 1
Building and Property Details
Exterior Color: Cream
Construction Materials
Lap Siding: 1
Fireplace Features
Gas: 1
Foundation Details
Concrete Perimeter: 1
Heating
Baseboard: 1
Levels
Multi/Split: 1
Listing Terms
Cash: 1
Conventional: 1
Other Structures
None: 1
Parking Features
Attached Garage: 1
Road Surface Type
Paved: 1
Roof
Membrane: 1
Sewer
Public Sewer: 1
Water Body Type
Ocean: 1
Water Heater
Electric: 1
Income and Expenses
Gross Income: 5200
Unit Five
Unit Number: 5
Beds Total: 2
Baths Total: 2
Living Area: 1484
Unit Description: Vacant - Proj. Rent, Furnished: Furnished, Parking: Garage
Actual Rent: 1500
Unit Four
Unit Number: 4
Beds Total: 2
Baths Total: 1
Living Area: 1323
Unit Description: Furnished: Unfurnished, Parking: Garage
Actual Rent: 1100
Unit One
Unit Number: 1
Beds Total: 2
Baths Total: 1
Living Area: 1323
Unit Description: Furnished: Unfurnished, Parking: Garage
Actual Rent: 1100
Unit Three
Unit Number: 3
Beds Total: 2
Baths Total: 1
Living Area: 1323
Unit Description: Furnished: Unfurnished, Parking: Garage
Actual Rent: 1100
Unit Two
Unit Number: 2
Beds Total: 2
Baths Total: 1
Living Area: 1323
Unit Description: Furnished: Unfurnished, Parking: Garage
Actual Rent: 925
Additional Tax and Location Information
Highway 101: West Side
Property Tax ID #: R505657
Subdivision Block: n/a
Subdivision Parcel/Lot: n/a
Tax District: 402
Tax Remarks: + tax record /R505659
Showing Requirements
Call Listing Office: 1
Historical Details
Historical MLS Number: 17-617
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Address
Street Number: 3929
Street Direction Prefix: NW
Street Name: Jetty
Street Suffix: Avenue
County: Lincoln
State: OR
Postal Code: 97367
Directions: Hwy 101 to NW 39th St. to NW Jetty to property.
Parcel Number: 071103A-2000-2100
Contract
Current Price: $1,100,000
Status: Closed
Begin Date: 2017-03-08
Sold Price: $1,100,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Tax Annual Amount: 11684.7
Tax Year: 2018
Zoning: RC - Recreational Commercial
Tax Lot: 100
Tax Map Number: 07-11-03A
AssociationCommunity
Number of Units: 5
Parking Information
Garage YN: 1
Garage Spaces: 6
Parking Total: 10
Building
Year Built: 1967
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Electricity Connected; Natural Gas Connected
Appliances: Refrigerator; Water Heater
Architectural Style: Contemporary
Construction Materials: Lap Siding
Fireplace Features: Gas
Foundation Details: Concrete Perimeter
Heating: Baseboard
Levels: Multi/Split
Listing Terms: Cash; Conventional
Other Structures: None
Parking Features: Attached Garage
Road Surface Type: Paved
Roof: Membrane
Sewer: Public Sewer
Water Body Type: Ocean
Water Heater: Electric
Showing Requirements: Call Listing Office
Misc disclosures by Seller Listing Office: Taylor & Taylor Realty Company
Office Email: rebroker.geraldaldrich@gmail.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.