Water Views
Address
5218 Nw Jetty Avenue, Lincoln City, OR
Price
$ 664,500
Property Attributes
  • MLS#LC103685
  • TypeSingle Family
  • Listing Status Active
  • CountyLINCOLN
  • CityLincoln City
  • NeighborhoodRoads End
  • Zip97367
  • StyleTraditional
  • Year Built1966
  • Taxes$ 5871
  • Price$ 664,500
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1980
  • Lot Size0.11 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description

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. As an added bonus, brand new roof is being installed June 2026! 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.

Price History
12/29/2025 Listed $699,000
5/15/2026 5$664,500

General Features

Heating Electric,Baseboard
Cooling None
Utilities Electricity Connected,Natural Gas Connected,Water Available
Possession Subject To Tenant Rights
Roof Composition
Appliances Dishwasher,Dryer,Electric Oven,Electric Range,Washer,Water Heater,Refrigerator
Zoning R-1-RE Residential (Roads End)
Patio/Porch Features Deck
Architectural Style Traditional
Year Built 1966
Tenant Pays Other
View Ocean
Property Subtype Duplex
Tax Year 2026
Gross Income 43920.0
OwnerPays Other
County Lincoln
Property Type Residential Income
HOA No
Attached Garage No
Subdivision Name Road's End
Garage Y/N No
Other Structures None
Status Active
Directions Hwy 101 to Logan Rd to NW 50th St to NW Jetty to property.
City Lincoln City
Senior Community Y/N No
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4791.6
Carport Y/N No
Year Built Details Remodeled 2010
Land Lease Y/N No
Tax Annual Amount 5871.46
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active

Interior Features

Flooring Carpet
Fireplace Features Gas
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N Yes
Window Features Window Treatments
Fireplace Y/N Yes
Above Grade Finished Area 1980.0
Total Bedrooms 3
Below Grade Finished Area 0.0
Total Baths 2

Exterior Features

Water Source Public
Total Parking 2.0
Lot Size Area 0.11
Foundation Details Concrete Perimeter
Number of Buildings 1
Spa No
Building Area Total 1980.0
Lot Size Acres 0.11
Road Surface Type Paved
Road Frontage Type City Street
Crops Included Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97367

Price
AVG $640K
$660K
Taxes
AVG $6,434
$5,871
Year Built
AVG 1989
1966
Visits
AVG 54
97
Data Provided by Inside Real Estate®

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