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    1541 SE 51St St, Unit 1547 Lincoln City, OR 97367

    Sponsored
    For Sale
    Pending
    $349,000

    MULTI_FAMILY - Other - Lincoln City, OR

    Property size:
    972 SF
    Lot size:
    0.06 Acres
    Days on Market:
    21
    Last Refresh:
    Jan 6 at 2:06 pm

    Property Features for 1541 SE 51St St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Window features
    Window Treatments
    Zoning
    R7.5
    Rooms
    Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2
    Bedrooms
    3
    Bathrooms
    3
    APN
    071134AA-500-00
    Parking
    3
    Patio and Porch features
    Deck, Patio
    Appliances
    Electric Oven, Electric Range, Refrigerator, Water Heater
    Size
    972 SF
    Lot size
    0.06 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Wall Furnace, Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1942
    Floors in Building
    2
    Number of units
    3
    Roof type
    Composition
    Architectural style
    Other

    Taylor and Taylor Realty Co. (541) 994-9111 [email protected]

    Listing agent Heather Duncan License #201218092

    Listing date Dec 17, 2025

    MLS# LC-104523 Listing URL

    Copyright © 2025 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.

    Overview

    Lincoln City Triplex Investment Opportunity

    Located in the heart of the historic Taft District, this triplex presents an investment opportunity. The property is situated in a prime location near the beach. The building has a new roof, granite countertops, remodeled bathrooms, new interior and exterior paint, ceiling fans in all units, and new flooring. The property features a completely fenced-in yard with a shed. It is located near restaurants, live music venues, and glass blowing shops, with a new park nearby. The property size is 972 square feet and the lot size is 0.06 acres. The zoning is R7.5. All units are now vacant, offering immediate rental potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Building Supply Gym & Fitness Wholesale Shop Skin Care Clinic Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln City
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.012676
    Latitude
    44.928192

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    FAQs

    What type of property is this?
    Triplex - Triplex in historic Taft District, close to the beach.
    Where is this triplex located?
    The property is located at 1541 SE 51St St, Unit 1547 Lincoln City, OR.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: - Prime location in the Historic Taft District, close to the beach.; - Triplex property offers excellent investment opportunity and potential for passive income.; - All units are vacant and ready for immediate occupancy or rental.
    (541) 994-9111
    Request Owner's contact information
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    Lincoln City, OR 97367
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1541 SE 51St St, Unit 1547 Lincoln City, OR 97367
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