5218 Nw Jetty Ave, Lincoln City, OR 97367

$664,500
3
BD
2
BA
1,980
SqFt

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List Price
$664,500
Price Change
▼ $34,500 1778882311
MLS#
LC-103685
Style
Traditional
Bedrooms
3
Bathrooms
2
Subdivision
Road's End
Year Built
1966

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.

Additional Information

Living Area
1,980
Interior Features
Vaulted/Cathedral Ceilings
Roof
Composition
Foundation
Concrete Perimeter
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Taylor & Taylor Realty Company.