Listing provided courtesy of Taylor & Taylor Realty Co.- MLS# 518414587
Contact Information: 541-994-9111
Contact Information: 541-994-9111Images
Request Info5218 NW JETTY AVELincoln City, OR 97367
Multi-Family · 1,980 Sq. ft. | 0.11 Acres$664,500
Active
5218 NW JETTY AVE Overview
- Time on Site:
- 454 days
- Visits:
- 8
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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5218 NW JETTY AVE Facts & Features
- Type Multi-Family
- Sq. ft. 1,980
- Price/Sq.ft. $336
- Lot 0.11 Acres
Details
General
School Information
- Elementary School: Oceanlake
- Middle Or Junior School: Taft
- High School: Taft
Income/Expenses
- Gross Income: 44520.0
- Net Operating Income: 44520.0
- Operating Expense: 0
Building Information
- Year Built: 1966
Location/Region
- Country: US
- County Or Parish: Lincoln
- MLS Area Major: 200 - Lincoln County
- Subdivision Name: BRAEMAR
Rent/Lease Information
- Rent Includes: Electricity,Gas,Sewer,Trash Collection,Water
Tax Information
- Tax Annual Amount: 5871.46
- Tax Year: 2025
General Information
- Listing Terms: Cash,Conventional
- Parcel Number: R293416
- Property Condition: Updated/Remodeled
- Property Type: Multi Family
- Zoning: R1-RE
Interior
Parking Information
- Garage Spaces: 0
Building Interior
- Building Area Total: 1980.0
General Information
- Basement: None
- Cooling: None
- Foundation Details: Concrete Perimeter
- Heating: Forced Air
- Security Features: None
- Stories: 2
Exterior
Parking Information
- Parking Features: Driveway
- Parking Total: 4.0
Lot Information
- Lot Features: Ocean Beach 1/4 Mile or Less
- Lot Size Acres: 0.11
- Lot Size Dimensions: 50.49x100
- Lot Size Square Feet: 4791.0
- Road Surface Type: Gravel
- Water Source: Public Water
Building Exterior/Construction
- Roof: Built-Up
General Information
- Number Of Units Total: 2
- Sewer: Public Sewer
5218 NW JETTY AVE Neighborhood
Community
97367 (Lincoln City) Demographics
55
Median Age
231
Population Density (per sq. mile)
35%
College Educated
$46,563
Estimated Median Income
2,808
Estimated Total Home Owners
1,706
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.5218 NW JETTY AVE Monthly Cost
5218 NW JETTY AVE Market Data
Based on the last 30 days in this zip code
$648,541
Average List Price
$372
Average Price per Square Foot
11
Properties Sold
116
Average Days on Market
436
Properties for Sale
5218 NW JETTY AVE History
| Date | Value | Agent |
|---|---|---|
| 5/15/2026Source: Regional MLS | $664,500 -4.9% |
|
| 8/15/2025Source: Regional MLS | $699,000 -4.2% |
|
| 7/25/2025Source: Regional MLS | $729,999 -0.7% |
|
| 4/1/2025Source: Regional MLS | April 01, 2025 |