Ocean-View
For Sale
$664,500
5218 NW Jetty AVE, Lincoln City, OR 97367
Two-unit rental property with a coastal setting, public beach access nearby, and separate one- and two-bedroom residences.
Property Size1,980 SF
Price / SF$335.61
Days on Market17
Property Features for 5218 NW Jetty AVE
General Information
Standard status
Active
Size
1,980 SF
Property subtype
Multi-Family
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
2
Additional Details
Cap Rate
6.6%
Building Details
Year Built
1966
Listing Agency:
More Realty
(503) 893-2022
Listed By:
The Reger Group
(503) 893-2022
Source:
Searchpnwhouses
Added: Aug 13
Changed: Aug 28
Last Checked: Aug 28 at 8:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of More Realty
Investment Insights
Based on property information with market context.
This 1,980-square-foot duplex, built in 1966, is configured as two separate residences. The lower unit contains two bedrooms and one bathroom, while the upper unit provides one bedroom and one bathroom. The property is currently operated as a rental and has an approximate 6.6% cap rate.
Located in Lincoln City’s Road's End area at 5218 NW Jetty AVE, the property has an ocean view and nearby public beach access. Grocery stores, shopping, banks, and entertainment are located less than one mile away. A recorded view easement prevents construction of any structure above the existing height. Showings are by appointment, and tenants should not be disturbed.
Located in Lincoln City’s Road's End area at 5218 NW Jetty AVE, the property has an ocean view and nearby public beach access. Grocery stores, shopping, banks, and entertainment are located less than one mile away. A recorded view easement prevents construction of any structure above the existing height. Showings are by appointment, and tenants should not be disturbed.
Key Highlights
- 1,980‑square‑foot duplex on a 1966‑built structure
- Lower residence has 2 bedrooms and 1 bathroom
- Upper residence has 1 bedroom and 1 bathroom
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
Explore this area
Business Placement
Demographics for 97367, OR
11,095
Population
8,138
Households
1.4
Avg Household Size
53
Median Age
29%
College-Educated
91%
High-School Grad
45.7 sq mi
ZIP Area
243
Density / Sq Mi
$58,845
Median Household Income
$37,370
Median Earnings
$1,333
Median Rent
$388,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit rental property with a coastal setting, public beach access nearby, and separate one- and two-bedroom residences.
Where is this duplex located?
The property is located at 5218 NW Jetty AVE 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: 1,980‑square‑foot duplex on a 1966‑built structure; Lower residence has 2 bedrooms and 1 bathroom; Upper residence has 1 bedroom and 1 bathroom
