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Ocean-View Duplex with View Easement

5218 NW Jetty Avenue Lincoln City, OR 97367

5218 NW Jetty Avenue, Lincoln City, OR, 97367
$664,500
For Sale
$664,500

MULTI_FAMILY - Other - Lincoln City, OR

Property Size1,980 SF
Lot Size0.11 Acres
Price / SF$335.61
Days on Market451

Property Features for 5218 NW Jetty Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-1-RE Residential (Roads
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
Parking
2
Window features
Window Treatments
Patio and Porch features
Deck
Interior features
Vaulted Ceiling(s)
Fireplace
1
Appliances
Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer, Water Heater
Standard status
Active
APN
061134DD-2300-00
Size
1,980 SF
Lot size
0.11 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
5871

Utilities

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

Building Details

Year built
1966
Floors in Building
2
Number of units
2
Flooring type
Carpet
Building materials
Concrete
Roof type
Composition
Architectural style
Other
Listing Agency Taylor & Taylor Realty Company
3891 NW Hwy 101, Lincoln City, OR
Listed by Dennis M Regen · License #810604051
Added: Apr 23, 2025 Checked: Jul 17 at 6:06 am
MLS# LC-103685 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 ocean-view duplex is configured as two separate rental units with a total size of 1,980 square feet on an 0.11-acre lot. The lower unit has two bedrooms and one bathroom, while the upper unit has one bedroom and one bathroom. The property is currently operated as a rental, and the seller reports an approximate 6.6% cap rate. A brand-new roof is scheduled to be installed in June 2026. The property also has a recorded view easement in place that prevents any structure from being built above the current height.

Located in the Road’s End area of the Oregon Coast, the duplex includes nearby public beach access. Everyday conveniences are described as less than a mile away, including grocery stores, shopping, banks, and entertainment. All showings are by appointment only, and tenants are not to be disturbed.

For buyers seeking a straightforward coastal income setup, the two-unit design supports an owner-occupant option as well: occupy one unit and rent the other. The recorded view easement adds a level of protection around the current height restrictions, which may be relevant to prospective tenants or long-term owners. The combination of an established rental structure and an upcoming roof replacement is intended to reduce near-term maintenance concerns.

Key Highlights

  • Ocean view duplex in Lincoln City’s Road’s End area
  • Two‑unit setup: lower unit has 2 bedrooms/1 bathroom; upper unit has 1 bedroom/1 bathroom
  • Currently operated as a rental with an approximate 6.6% cap rate

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Auto Repair Shop Auto Parts Store Parking Lot & Garage Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Hair Salon Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Two-unit income property with a recorded view easement and a new roof scheduled for June 2026.
Where is this duplex located?
The property is located at 5218 NW Jetty Avenue Lincoln City, OR.
What is the asking price?
The asking price for this property is $664,500.
What are key features of this property?
This property features: Ocean view duplex in Lincoln City’s Road’s End area; Two‑unit setup: lower unit has 2 bedrooms/1 bathroom; upper unit has 1 bedroom/1 bathroom; Currently operated as a rental with an approximate 6.6% cap rate
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