$762,000
Lincoln City, OR 97367
MLS# LC-94756
Status: Closed
4 beds | 4.5 baths | 2131 sqft
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Property Description
Gorgeous ocean views from this spectacularly remodeled duplex with an additional studio unit just a few short blocks from the beach. This property is located in a commercial zone that allows for vacation rentals without the wait list for permits. And it is turnkey with both of the upstairs units fully furnished! Beautiful finishes throughout include designer tile work, quartz counter tops, vinyl flooring, and en suite bathrooms for every bedroom. The two upstairs units are currently successful airbnbs and the lower unit has a long term renter. The property is on track to gross $70,000 this year. Live in one unit and rent out the others or rent out all three. This beautifully updated property is an investor's dream!
Details
Maps
Status Change Information
Status Change Timestamp: 2021-11-30
Purchase Contract Date: 2021-09-23
Close Date: 2021-11-05
Close Price: 762000
Tax & Legal
CC&R's: No
Interior
Basement YN: No
Fireplace YN: Yes
Bedrooms Total: 4
Bathrooms Total: 4.5
Living Area: 2131
Lot
View YN: Yes
Lot Size Acres: 0.21
Lot Size Square Feet: 9147.6
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Connected: 1
Appliances
Dishwasher: 1
Dryer: 1
Electric Oven: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Water Heater: 1
Building and Property Details
Washer/Dryer Type: Electric
Construction Materials
Cedar: 1
Fireplace Features
Gas: 1
Flooring
Vinyl: 1
Foundation Details
Slab: 1
Heating
Electric: 1
Forced Air: 1
Wall Furnace: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
FHA: 1
Outdoor Living Spaces Features
Deck: 1
Patio: 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
Water Source
Public: 1
Window Features
Window Treatments: 1
Unit One
Unit Number: Lower
Beds Total: 1
Baths Total: 1
Unit Description: Furnished: Unfurnished
Actual Rent: 1200
Unit Three
Unit Number: Studio Up
Beds Total: 1
Baths Total: 1
Furnished: Furnished
Unit Two
Unit Number: Main (Up)
Beds Total: 2
Baths Total: 2
Furnished: Furnished
Additional Tax and Location Information
Highway 101: West Side
Neighborhood Code: L21I
Property Tax ID #: R30105
Subdivision Block: 3
Subdivision Parcel/Lot: 071115AB-3200-00
Tax District: 402
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Restricted Hours: 1
Historical Details
Historical MLS Number: 21-2265
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Duplex
Address
Street Number: 646-648
Street Direction Prefix: NW
Street Name: Inlet
Street Suffix: Avenue
County: Lincoln
State: OR
Postal Code: 97367
Directions: Hwy 101 to NW 6th, West to Inlet, North to property on Right
Parcel Number: 071115AB-3200-00
Contract
Current Price: $762,000
Status: Closed
Begin Date: 2021-09-16
Sold Price: $762,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Tax Annual Amount: 6155.39
Tax Year: 2020
Zoning: GC - General Commercial
Tax Lot: 3200
Tax Map Number: 071115AB
AssociationCommunity
Number of Units: 2
Parking Information
Garage YN: 1
Garage Spaces: 1
Parking Total: 3
Building
Year Built: 1956
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Connected; Electricity Connected; Natural Gas Connected; Water Connected
Appliances: Dishwasher; Dryer; Electric Oven; Electric Range; Microwave; Refrigerator; Washer; Water Heater
Construction Materials: Cedar
Fireplace Features: Gas
Flooring: Vinyl
Foundation Details: Slab
Heating: Electric; Forced Air; Wall Furnace
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional; FHA
Outdoor Living Spaces Features: Deck; Patio
Parking Features: Attached Garage
Road Surface Type: Paved
Roof: Membrane
Sewer: Public Sewer
Water Body Type: Ocean
Water Heater: Electric
Water Source: Public
Window Features: Window Treatments
Showing Requirements: 24 Hour Notice; Appointment Only; Restricted Hours
Listing Office: Coldwell Banker Professional Group - Lincoln City
Office Email: douglas.caye@coldwellbanker.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.