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1035 SW 15TH ST Lincoln City, OR $ 425,000
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1035 SW 15TH ST
$ 425,000
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1035 SW 15TH ST

Lincoln City, OR, 97367
$ 425,000
Bedrooms2 Baths1.0 Sq 1,840

Monthly Estimate*

$ 2,617

1035 SW 15TH ST, Lincoln City, OR 97367 - Image 1
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Multi-Family Home for sale in Lincoln City, OR

for $425,000 with 2 bedrooms and 1 full bath. This 1,840 square foot home was built in 1948 on a lot size of 0.29.

Lincoln City Duplex offers a rare investment opportunity to live in one unit and rent the other or simply rent out both! Each unit has 2 bedrooms/1 bath and 920 sq feet. Each unit rents for $1000 per month with long-term tenants in place. Will need renovations to bring it back to its former glory, currently in fixer condition. Great SW Lincoln City location, centrally located to nearby beach access, grocery, outlet mall, and library. Additional opportunity - neighboring bare lot is also for sale! Build another duplex on it or save for future investment. Buyer to verify with the planning department of Lincoln City. All showings require a full 24 hour notice, Do not disturb tenants in the property. Cash or rehab loan required.

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Multi-Family Active

Price

$ 425,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 3,526

Style

Lot Size

0.29

Year Built

1948

Town/City

Lincoln City

County/Region

Lincoln

MLS | Web ID

462669095
Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling None
Roof Composition
Zoning R1-7.5
Garage Spaces 2.0
Year Built 1948
Stories Count 1
Tax Year 2025
Parcel Number R377606
Gross Income 24000.0
County Lincoln
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes Sewer Water
Status Active
Directions From Hwy 101; West on SW 14th St; Left on SW Harbor Ave; Right on SW 15th St to address on right.
High School Taft
City LincolnCity
Disclosures Disclosure
Number Of Units Total 2
MLS Area _200
Lot Size Square Feet 12632.0
Listing Terms Cash Rehab
Elementary School Oceanlake
Tax Annual Amount 3526.24
Middle/Junior High School Taft
Property Condition Fixer
Virtual Tour https://iframe.videodelivery.net/92162f5c7db9732f33c7d43a9d1cff20
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PROPERTY ID R377606 TWNSHP 07 RNG 11 ACRES 0.29 DOC200317479
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Interior
Basement None
Storage Garage
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit Type UnitTypeType1
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Exterior
Parking Features Paved
Lot Features Trees
Water Source PublicWater
Total Parking 6.0
Exterior Description LapSiding
Foundation Details PillarPostPier
Building Area Total 1840.0
Lot Dimensions 100'x125'
Lot Size Acres 0.29
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Internal Only
Street Number 1 1035
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* Excluded Features
List By
Taylor & Taylor Realty Co.

Broker

541-994-9111

Contact

Affordability Calculator

$2,911
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
$294
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
3/2/2026$425,000 Listed Price

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1035 SW 15TH ST, Lincoln City, OR, 97367 is a Multi-Family Home for sale at $425,000 with 1,840 sqft and a lot size of 0.29. 1035 SW 15TH ST has 2 bedrooms, 1.0 baths, and was built in 1948. The property's zip code is 97367 which is in Lincoln City, OR

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