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6-Residence Apartment Building
For Sale
$2,199,900

305 SE Jetty Ave, Lincoln City, OR 97367

MultiFamily, LincolnCity, OR

Property Size6,713 SF
Lot Size0.22 Acres
Price / SF$327.71
Days on Market465

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 6, Bathroom 1, Bedroom 7, Bathroom 11, Bathroom 12, Bathroom 9, Bedroom 8, Bedroom 3, Bathroom 6, Bedroom 2, Bedroom 5, Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 7, Bathroom 8, Bedroom 1, Bathroom 4, Bathroom 10, Bathroom 5
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: Sep 17 Last Checked: Sep 17 at 9:06AM
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 under-construction apartment property comprises six residences within a 6,713-square-foot improvement on 0.22 acres. Each home is planned with two bedrooms and 2 1/2 bathrooms, along with an open arrangement linking the kitchen, dining area, and living room. Interior specifications include custom cabinetry, solid surface countertops, stainless steel appliances, designer tilework, and oversized windows. Heat pump systems provide heating and cooling, and the building has a composition roof.

Upper-level rooms have partial ocean views. The property is located at 305 SE Jetty Ave in Lincoln City, near beach recreation, Kyllo's Seafood & Grill, Lincoln City Outlets, SALT, and D River State Recreation Site. R-M zoning and a 2025 year built designation further identify the asset's planned residential configuration.

Key Highlights

  • Six residences in a 6,713‑square‑foot apartment property
  • Each residence includes 2 bedrooms and 2 1/2 bathrooms
  • Under construction with a 2025 year built designation

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm HVAC Service Pharmacy Dental Office Skin Care Clinic Locksmith

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

528
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Under-construction residences feature two-bedroom layouts, 2 1/2 bathrooms, and partial ocean views.
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 in a 6,713‑square‑foot apartment property; Each residence includes 2 bedrooms and 2 1/2 bathrooms; Under construction with a 2025 year built designation
More about this property
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