Lincoln City Duplex and
1032 SW 14th Street Lincoln City, OR 97367
1032 SW 14th Street, Lincoln City, OR, 97367
$584,000
For Sale
$584,000
MULTI_FAMILY - Ranch - Lincoln City, OR
Property Size1,840 SF
Lot Size0.46 Acres
Price / SF$317.39
Days on Market137
Property Features for 1032 SW 14th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- R1-7.5
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 2
- Parking
- 6
- Parking features
- Garage - Detached, Driveway
- Standard status
- Active
- APN
- R370630
- Size
- 1,840 SF
- Lot size
- 0.46 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4633
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Water source
- Public
Building Details
- Year built
- 1948
- Floors in Building
- 1
- Number of units
- 2
- Building materials
- Lap Siding
- Roof type
- Composition
- Architectural style
- Ranch
Listing Agency
Taylor & Taylor Realty Company
(800) 462-0197
3891 NW Hwy 101, Lincoln City, OR
Listed by
Amy Graham · License #200310128
(541) 992-1050
Added: Mar 2 Checked: Jul 17 at 7:06 am
MLS# 26-452
Listing URL
Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property features a duplex and neighboring bare lot, presenting an investment opportunity. Each unit within the duplex includes 2 bedrooms and 1 bath, encompassing 920 square feet, for a total property size of 1840 square feet. The property is situated in a southwest Lincoln City location, providing convenient access to the beach, grocery stores, an outlet mall, and the library. The additional bare lot offers potential for constructing another duplex or for future investment. The total lot size is 0.46 acres. The zoning is R1-7.5. The buyer should verify details with the Lincoln City planning department. The property is now vacant and easy to show.
Key Highlights
- Lincoln City duplex with 2 units, each with 2 bedrooms and 1 bath and 920 SF
- Includes a neighboring bare lot (buyer to verify with the Planning Department of Lincoln City)
- Ranch‑style construction; lap siding exterior; composition roof
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.4k | $13.80 |
| − Vacancy | −$894 | −$0.49 |
| EGI | $24.5k | $13.31 |
| − OpEx | −$7.3k | −$3.99 |
| NOI | $17.1k | $9.32 |
1,840 SF · lease $13.80/SF/yr · vacancy 3.52% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$245.0K
$214.4K – $285.8K
NOI $17,149 @ 7.0% cap · market cap 2.94%
Second Best
Apartment 5plus
$225.5K
$197.4K – $263.1K
NOI $15,788 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$479.9K
$419.9K – $559.9K
NOI $33,595 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with neighboring lot in great Lincoln City location.
Where is this duplex located?
The property is located at 1032 SW 14th Street Lincoln City, OR.
What is the asking price?
The asking price for this property is $584,000.
What are key features of this property?
This property features: Lincoln City duplex with 2 units, each with 2 bedrooms and 1 bath and 920 SF; Includes a neighboring bare lot (buyer to verify with the Planning Department of Lincoln City); Ranch‑style construction; lap siding exterior; composition roof
