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Six-Unit Apartment Building with Ocean Views
For Sale
$2,279,900

305 SE Jetty Avenue, Lincoln City, OR 97367

Residential Income, Lincoln City, OR

Property Size6,713 SF
Lot Size0.22 Acres
Price / SF$339.62
Days on Market511

Property Features for 305 SE Jetty Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Property condition Under Construction
Zoning R-M Residential, Multifam
Bedrooms 12
Bathrooms 15
Full bathrooms 12
Half bathrooms 6
Rooms Bedroom 6, Bedroom 1, Bathroom 15, Bathroom 17, Bathroom 18, Bathroom 5, Bathroom 1, Bathroom 7, Bedroom 11, Bathroom 2, Bedroom 4, Bathroom 14, Bathroom 11, Bedroom 12, Bathroom 10, Bedroom 2, Bathroom 13, Bathroom 9, Bathroom 4, Bedroom 3, Bathroom 6, Bedroom 5, Bedroom 8, Bedroom 10, Bedroom 9, Bedroom 7, Bathroom 12, Bathroom 8, Bathroom 16, Bathroom 3
Patio and Porch features Deck
Appliances Dishwasher, Electric Oven, Electric Range, Microwave, Water Heater, Dishwasher, Electric Oven, Electric Range, Microwave, Water Heater
Directions 101 to East on 3rd to Jetty Avenue
Standard status Active
APN 1100
Size 6,713 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1979

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Building Details

Year built 2025
Floors in Building 2
Number of units 6
Building materials Concrete
Roof type Composition
Buildings 1
Listing Agency: Keller Williams Portland Premiere · Keller Williams Realty
Listed By: Darryl Bodle · License #199910100
Added: Jun 10, 2025 Changed: Nov 1 Last Checked: Nov 2 at 4:06PM
MLS# LC-104096

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.

Rey
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Investment Insights

Based on property information with market context.

Under construction for 2025, this six-unit apartment property is planned with 6,713 square feet of building area on a 0.22-acre parcel. Each residence has two bedrooms, 2.5 bathrooms, and an open great-room layout. Kitchen specifications include quartz counters, custom cabinetry, and stainless appliances; decks are also included. The property has partial ocean views.

R-M Residential, Multifam zoning applies. Public water and sewer serve the property, and natural gas is available. The units may suit long- or short-term rentals, subject to buyer verification.

Key Highlights

  • Six units in 6,713 square feet
  • 0.22‑acre parcel
  • Each unit has 2 bedrooms and 2.5 baths

Property Analytics

Who owns this building? See the owner, sales and loan history
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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

Frequently Asked Questions

What type of property is this?
Apartment building - Each residence is designed with two bedrooms, 2.5 baths, and an open great-room layout.
Where is this apartment building located?
The property is located at 305 SE Jetty Avenue Lincoln City, OR.
What is the asking price?
The asking price for this property is $2,279,900.
What are key features of this property?
This property features: Six units in 6,713 square feet; 0.22‑acre parcel; Each unit has 2 bedrooms and 2.5 baths
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