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Apartment Building with Partial Ocean Views
For Sale
$2,199,900

305 SE Jetty Ave, Lincoln City, OR 97367

MULTI_FAMILY - LincolnCity, OR

Property Size6,713 SF
Lot Size0.22 Acres
Price / SF$327.71
Days on Market419

Property Features for 305 SE Jetty Ave

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning R-M
Bedrooms 8
Bathrooms 12
Full bathrooms 12
Rooms Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 5, Bathroom 7, Bedroom 8, Bathroom 10, Bathroom 9, Bedroom 1, Bathroom 6, Bathroom 2, Bedroom 6, Bathroom 8, Bathroom 3, Bedroom 7, Bathroom 4, Bathroom 11, Bathroom 12, Bathroom 1
Elementary school Taft
Middle school Taft
High school Taft
Directions 101 to SE Jetty
Subdivision _200
Standard status Active
APN New Construction
Size 6,713 SF
Lot size 0.22 Acres

Utilities

Heating system Heat Pump (Heating)
Cooling system Heat Pump

Building Details

Year built 2025
Floors in Building 2
Number of units 6
Roof type Composition
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Darryl Bodle · License #199910100
Added: Jun 10, 2025 Changed: Aug 2 Last Checked: Aug 2 at 1:06PM
MLS# 716644584

Copyright © 2026 Regional Multiple Listing Services. 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 apartment building comprises six newly constructed residences under construction, slated for completion as part of a 2025 build. Each home features two bedrooms and 2.5 bathrooms with open great room floor plans connecting the kitchen, dining, and living areas. Kitchens include custom cabinetry, solid surface countertops, stainless steel appliances, designer tilework, and built-in prep and storage space. Oversized windows support abundant natural light, and upper-level rooms are described as offering partial ocean views.

The property is set on a 0.22-acre lot and totals 6,713 square feet. Heat is provided by a heat pump system with heat pump cooling, and the roof is specified as a composition roof. Zoning is R-M.

For residents, the layout details emphasize cohesive, modern interior finish selections across all six residences, with the overall offering positioned as a single ownership multifamily property.

Key Highlights

  • Six residences under construction, built for a 2025 completion timeline
  • 2 bedrooms and 2.5 bathrooms per residence with open great room layouts
  • 0.22‑acre lot and 6,713 SF total building area

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Law Firm Pharmacy Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six residences with two bedrooms and 2.5 bathrooms each, under construction in zoning R-M.
Where is this apartment building located?
The property is located at 305 SE Jetty Ave Lincoln City, OR.
What is the asking price?
The asking price for this property is $2,199,900.
What are key features of this property?
This property features: Six residences under construction, built for a 2025 completion timeline; 2 bedrooms and 2.5 bathrooms per residence with open great room layouts; 0.22‑acre lot and 6,713 SF total building area
More about this property
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