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5218 NW JETTY AVE Lincoln City, OR $ 664,500
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$ 664,500 Get more info
5218 NW JETTY AVE
$ 664,500
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Share Save

5218 NW JETTY AVE

Lincoln City, OR, 97367
$ 664,500
Bedrooms3 Baths2.0 Sq 1,980

Monthly Estimate*

$ 4,091

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Multi-Family Home for sale in Lincoln City, OR

for $664,500 with 3 bedrooms and 2 full baths. This 1,980 square foot home was built in 1966 on a lot size of 0.11.

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."

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Multi-Family Active

Price

$ 664,500

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,871

Style

Lot Size

0.11

Year Built

1966

Town/City

Lincoln City

County/Region

Lincoln

MLS | Web ID

518414587
Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling None
Roof BuiltUp
Zoning R1-RE
Garage Spaces 0
Security Features None
Year Built 1966
Stories Count 2
Tax Year 2025
Parcel Number R293416
Gross Income 44520.0
County Lincoln
Net Operating Income 44520.0
Operating Expense 0
Property Type MultiFamily
HOA N
Subdivision Name BRAEMAR
Rent Includes Electricity Gas Sewer TrashCollection Water
Status Active
Directions Hwy 101 to Logan Rd to NW 50th St to NW Jetty to property
High School Taft
City LincolnCity
Number Of Units Total 2
MLS Area _200
Lot Size Square Feet 4791.0
Listing Terms Cash Conventional
Elementary School Oceanlake
Tax Annual Amount 5871.46
Middle/Junior High School Taft
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PROPERTY ID R293416 BARRIGAR CREST BLOCK 2 LOT 2 DOC201906966
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Interior
Basement None
Storage None
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway
Lot Features OceanBeachOneQuarterMileOrLess
Water Source PublicWater
Total Parking 4.0
Exterior Description CementSiding
Foundation Details ConcretePerimeter
Building Area Total 1980.0
Lot Dimensions 50.49x100
Lot Size Acres 0.11
Road Surface Type Gravel
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Internal Only
Street Number 1 5218
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* Excluded Features
List By
Taylor & Taylor Realty Co.

Broker

541-994-9111

Contact

Affordability Calculator

$4,581
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,091
Monthly Property Taxes
$489
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1948957 Elementary School
1948964 Middle School
Taft High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/15/2026$664,500 -4.94% Price Down
8/15/2025$699,000 -4.25% Price Down
7/25/2025$729,999 -0.68% Price Down
4/1/2025$734,999 Listed Price

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5218 NW JETTY AVE, Lincoln City, OR, 97367 is a Multi-Family Home for sale at $664,500 with 1,980 sqft and a lot size of 0.11. 5218 NW JETTY AVE has 3 bedrooms, 2.0 baths, and was built in 1966. The property's zip code is 97367 which is in Lincoln City, OR

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