1945 NE 7TH DR Lincoln City, OR $ 550,000
1945 NE 7TH DR
$ 550,000
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1945 NE 7TH DR

Lincoln City, OR, 97367
$ 550,000
Bedrooms4 Baths4.0 Sq 2,406

Monthly Estimate*

$ 3,386

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Multi-Family Home for sale in Lincoln City, OR

for $550,000 with 4 bedrooms and 4 full baths. This 2,406 square foot home was built in 1997 on a lot size of 0.26.

Great opportunity to own a duplex in the heart of Lincoln City, located near Devils Lake and close to many of the area's amenities. Live in one unit while renting the other, or add it to your investment portfolio and rent both units. Each unit features 2 bedrooms and 1.5 bathrooms, along with its own separate address and a private single car garage. Both units include a gas fireplace, carpeted living areas, and linoleum flooring in the kitchen and utility spaces. One of the units is currently tenant occupied, offering immediate rental income potential. With its central Lincoln City location and versatile layout, this duplex presents an excellent opportunity for both owner occupants and investors alike. Schedule your appointment today!

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Multi-Family Active

Price

$ 550,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 5,931

Style

Lot Size

0.26

Year Built

1997

Town/City

Lincoln City

County/Region

Lincoln

MLS | Web ID

245435509

Features
General
Sewer PublicSewer
Heating Zoned
Cooling None
Roof Composition
Zoning R1-7.5
Garage Spaces 2.0
Year Built 1997
Stories Count 2
Tax Year 2026
Parcel Number R507420
Gross Income 1900.0
County Lincoln
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes Sewer Water
Status Active
Directions Hwy 101 to NE 6th to NE 7th to property
High School Taft
City LincolnCity
Number Of Units Total 2
MLS Area _200
Lot Size Square Feet 11325.0
Listing Terms Cash Conventional
Elementary School Oceanlake
Tax Annual Amount 5931.95
Middle/Junior High School Taft
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PROPERTY ID R507420 P.P. 1996-12 PARCEL 2 ACRES 0.26 DOC201301
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Interior
Basement None
Storage Garage
Hot Water Gas
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway Garage
Lot Features Level OceanBeachOneQuarterMileOrLess
Water Source PublicWater
Total Parking 4.0
Exterior Description VinylSiding
Foundation Details ConcretePerimeter
Building Area Total 2406.0
Lot Dimensions Irregular
Lot Size Acres 0.26
Road Surface Type Paved
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Internal Only
Street Number 1 1945
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* Excluded Features
List By
Taylor & Taylor Realty Co.

Broker

541-994-9111

Contact

Affordability Calculator

$3,881
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,386
Monthly Property Taxes
$494
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
Pricing History
DatePricePrice ChangeDescription
4/10/2026$550,000 -5.01% Price Down
3/7/2026$579,000 Listed Price

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1945 NE 7TH DR, Lincoln City, OR, 97367 is a Multi-Family Home for sale at $550,000 with 2,406 sqft and a lot size of 0.26. 1945 NE 7TH DR has 4 bedrooms, 4.0 baths, and was built in 1997. The property's zip code is 97367 which is in Lincoln City, OR