131 SE Ainslee Avenue, Depoe Bay, OR 97341 (MLS# LC-105019)

131 SE Ainslee Avenue, Depoe Bay, OR 97341

$995,000

Property Type: Residential Income Bedrooms: 10 Baths: 8 Square Footage: 4,005 Lot Size (sq. ft.): 7,841 Status: Active

Current Price: $995,000 List Date: 3/26/2026 Last Modified: 3/26/2026

Overview

Description

Depoe Bay jewel on the Oregon Coast. Desirable investment 4-plex with newer roof and paint. Good rental history with some long term renters. Back for the ocean, but close to all the amenities that Depoe Bay has to offer. There are 2- 3B/2B units and 2- 2B/2B units. One unit is available for showings at this time. Live in one unit and rent the other 3 or rent all four units. Come an enjoy life at the coast!

Listing Details MLS# LC-105019

Listing Information

Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family

Status Change Information

Price Change Timestamp: 2026-03-11T22:09:38Z
Status Change Timestamp: 2026-03-26
Back on Market Date: 2026-03-26

Address

Street Number: 131
Street Direction Prefix: SE
Street Name: Ainslee
Street Suffix: Avenue
County: Lincoln
State: OR
Postal Code: 97341
Directions: Hwy 101 to Collins Ave - turn East on Collins and then Right on Ainslee to the 4-Plex on the right.
Cross Street: Collins St.
Parcel Number: 091108AA-302-00

Contract

Begin Date: 2025-10-17
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Permissible for Vacation Rental: No

Tax Legal

Subdivision Name: Depoe Bay
Tax Annual Amount: 5061.04
Tax Year: 2024
Zoning: R-5 Residential
Tax Lot: 302
Tax Map Number: 091108AA

AssociationCommunity

Number of Units: 4

More Information

Interior

Bedrooms Total: 10
Bathrooms Total: 8
Bathrooms Full: 6
Bathrooms Half: 4
Above Grade Finished Area: 4005
Living Area: 4005
Main Floor Living: No
Basement YN: No

Parking Information

Parking Total: 5

Building

Year Built: 1995
Accessibility Features YN: No

Lot

Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Lot Size Dimensions: IRR
Water Body Access YN: No

Remarks

Lincoln Public Historical Details: Financials Available: Yes, Specially Assessed: No

Building and Property Details

Exterior Color: Green

Income and Expenses

Gross Income: 90000

Unit Four

Unit Number: D
Actual Rent: 1675

Unit One

Unit Number: A
Actual Rent: 1675

Unit Three

Unit Number: C
Actual Rent: 2100

Unit Two

Unit Number: B
Actual Rent: 2100

Additional Tax and Location Information

Highway 101: East Side
Neighborhood Code: DDNM
Property Tax ID #: R519012
Subdivision Parcel/Lot: 302
Tax District: 403

Historical Details

Historical MLS Number: 25-2299

Tax & Legal

CC&R's: No

Association/Community

Senior Community YN: No

Utilities

Electricity Connected: Yes
Natural Gas Not Available: Yes
Water Connected: Yes

Appliances

Dishwasher: Yes
Electric Oven: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Water Heater: Yes

Architectural Style

Traditional: Yes

Construction Materials

Engineered Wood Siding: Yes
Lap Siding: Yes
T1-11 Type: Yes

Flooring

Carpet: Yes
Wood: Yes
Other: Yes

Foundation Details

Concrete Perimeter: Yes
Pillar/Post/Pier: Yes

Heating

Electric: Yes
Zoned: Yes

Levels

Two: Yes

Listing Terms

1031 Exchange: Yes
Cash: Yes
Submit: Yes

Other Structures

None: Yes

Outdoor Living Spaces Features

Deck: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Road Surface Type

Paved: Yes

Roof

Composition: Yes

Sewer

Public Sewer: Yes

Showing Considerations

Occupied: Yes

View

Forest: Yes

Water Heater

Electric: Yes

Water Source

Public: Yes

Window Features

Window Treatments: Yes

Showing Requirements

Appointment Only: Yes
Lockbox: Yes

Property Features

Utilities: Electricity Connected; Natural Gas Not Available; Water Connected; Electricity Connected; Natural Gas Not Available; Water Connected Appliances: Dishwasher; Electric Oven; Electric Range; Microwave; Refrigerator; Water Heater Architectural Style: Traditional Construction Materials: Engineered Wood Siding; Lap Siding; T1-11 Type Flooring: Carpet; Wood; Other Foundation Details: Concrete Perimeter; Pillar/Post/Pier Heating: Electric; Zoned Levels: Two Listing Terms: 1031 Exchange; Cash; Submit Other Structures: None Outdoor Living Spaces Features: Deck Possession: Close Of Escrow; Subject To Tenant Rights Road Surface Type: Paved Roof: Composition Sewer: Public Sewer View: Forest Water Heater: Electric Water Source: Public Window Features: Window Treatments Showing Considerations: Occupied Showing Requirements: Appointment Only; Lockbox

Listing Office: Taylor & Taylor Realty Company

Office Email: rebroker.geraldaldrich@gmail.com

Last Updated: March - 26 - 2026

Information deemed reliable but not guaranteed.