$950,000
Lincoln City, OR 97367
MLS# LC-93484
Status: Closed
9 beds | 9 baths | 3974 sqft
1 / 11
Property Description
9 Units and 2 RV spaces with room for more. Low vacancy rate. Close in to restaurants and factory stores and close to bus stop and beach access. Do not disturb tenants without an appointment.
Details
Maps
Status Change Information
Status Change Timestamp: 2021-07-01
Purchase Contract Date: 2021-05-14
Close Date: 2021-07-01
Close Price: 950000
Tax & Legal
CC&R's: No
Interior
Basement YN: No
Bedrooms Total: 9
Bathrooms Total: 9
Living Area: 3974
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Style: Two Story, Unit 7: Unit Number: #7,Beds: 1,Baths: 1,Rent: 700,Parking: 1, Unit 8: Unit Number: #8,Beds: 1,Baths: 1,Rent: 750,Parking: 1, Unit 9: Unit Number: RV,Rent: 425,Parking: 1, Unit 10: Unit Number: RV,Rent: 425,Parking: 1, Unit 11: Unit Number: RV,Rent: 325,Parking: 1
Appliances
Dishwasher: 1
Dryer: 1
Washer: 1
Water Heater: 1
Building and Property Details
Exterior Color: Light Blue
Washer/Dryer Type: Electric
Construction Materials
T1-11 Type: 1
Flooring
Carpet: 1
Vinyl: 1
Foundation Details
Pillar/Post/Pier: 1
Heating
Electric: 1
Natural Gas: 1
Wall Furnace: 1
Zoned: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Owner Will Carry: 1
Outdoor Living Spaces Features
Deck: 1
Parking Features
Attached Garage: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Roof
Metal: 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Water Heater
Gas: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 84000
Unit Five
Unit Number: #5
Beds Total: 1
Baths Total: 1
Parking Spaces: 1
Actual Rent: 700
Unit Four
Unit Number: #4
Beds Total: 1
Baths Total: 1
Parking Spaces: 1
Actual Rent: 675
Unit One
Unit Number: #1
Beds Total: 1
Baths Total: 1
Parking Spaces: 1
Actual Rent: 700
Unit Six
Unit Number: #6
Beds Total: 1
Baths Total: 1
Parking Spaces: 1
Actual Rent: 700
Unit Three
Unit Number: #3
Beds Total: 1
Baths Total: 1
Parking Spaces: 1
Actual Rent: 700
Unit Two
Unit Number: #2
Beds Total: 1
Baths Total: 1
Parking Spaces: 1
Actual Rent: 660
Additional Tax and Location Information
Highway 101: East Side
Neighborhood Code: L315
Property Tax ID #: R245476
Subdivision Block: na
Subdivision Parcel/Lot: na
Tax District: 412
Tax Remarks: Including R247956
Parcel Nbr 07112CA-700-00
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Historical Details
Historical MLS Number: 21-954
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Address
Street Number: 4250, 4230
Street Direction Prefix: SE
Street Name: Hwy 101
County: Lincoln
State: OR
Postal Code: 97367
Directions: Hwy 101 to Se 4250 Hwy 101 in Taft.
Cross Street: Hwy 101
Parcel Number: 071127CA-600-00
Contract
Current Price: $950,000
Status: Closed
Begin Date: 2021-05-03
Sold Price: $950,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Taft
Tax Annual Amount: 9583
Tax Year: 2020
Zoning: GC - General Commercial
Tax Lot: 600
Tax Map Number: 071127CA
AssociationCommunity
Number of Units: 9
Parking Information
Garage YN: 1
Garage Spaces: 2
Parking Total: 12
Building
Year Built: 1928
Lot
Lot Size Acres: 1.11
Lot Size Square Feet: 48351.6
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Appliances: Dishwasher; Dryer; Washer; Water Heater
Construction Materials: T1-11 Type
Flooring: Carpet; Vinyl
Foundation Details: Pillar/Post/Pier
Heating: Electric; Natural Gas; Wall Furnace; Zoned
Levels: Two
Listing Terms: 1031 Exchange; Cash; Owner Will Carry
Outdoor Living Spaces Features: Deck
Parking Features: Attached Garage
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Metal
Sewer: Public Sewer
Water Heater: Gas
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice; Appointment Only
Listing Office: Dominion Coast and Valley Real
Office Email: DOMINIONCOASTANDVALLEY@GMAIL.COM
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.