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About This Home
This 3-bedroom, 2-bathroom residential multi family at 5218 NW Jetty Avenue in Lincoln City, OR is listed for $664,500 ($336 per sqft). Built in 1966, the home offers 1,980 sqft of living space on a 0.11 acres lot.
Motivated seller. Price greatly reduced. Ocean view duplex located in the Road's End area of Lincoln City, with nearby public beach access. This property offers the opportunity for coastal income, or the option to occupy one unit and rent the other. The property is currently operated as a rental with an approximate 6.6% cap rate.
The lower unit features two bedrooms and one bathroom, while the upper unit includes one bedroom and one bathroom. Conveniently located less than a mile from grocery stores, shopping, banks, and entertainment. All showings are by appointment only. Please do not disturb tenants. The property has a recorded view easement in place, preventing any structure from being built above the current height. One of the sellers holds an active real estate license in the state of Oregon.
Key Features
- Built in 1966
- 0.11 acre lot
- 2 stories
- 2 parking spaces
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$3,554/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5218 NW Jetty Avenue
Lincoln City, OR 97367
Road's End
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Views
Pool Features
Heating
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom residential multi family at 5218 NW Jetty Avenue is listed at $664,500 ($336/sqft). The estimated monthly payment is $2,880 based on 20% down at 6.5% interest.
Key features include: Built in 1966, 0.11 acre lot, 2 stories, 2 parking spaces, Fireplace. Interior Features: Vaulted Ceiling(s).
This property is listed by Dennis M Regen and can be reached at 5419944169 or teamregen@teamregen.net.
