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Accessible Lakefront Quadplex
For Sale
$1,450,000

3445 3447 3449 NE 40th Court, Lincoln City, OR 97364

Residential Income, Lincoln City, OR

Property Size4,303 SF
Lot Size0.32 Acres
Price / SF$336.97
Days on Market96

Property Features for 3445 3447 3449 NE 40th Court

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-M Residential, Multifam
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 4, Bathroom 4, Bedroom 2
Parking 6
Parking features Driveway
Spa 1
Window features Storm Window(s)
Patio and Porch features Deck
Pets allowed Yes
Pool private 1
Interior features Bidet, Built In Shower Chair, Central Vacuum, Eat-in Kitchen, Elevator, In-Law Floorplan, Kitchen Island, Open Floorplan, Pantry, Roll In Shower, Walk-In Closet(s), Wide Interior Halls and Doors, Jack & Jill Bathroom(s), Grab Bars Around Toilet, Grab Bars in Shower or Tub, Spa/Hot Tub
Exterior features Entry Flat, Lighting, Private Yard, Spa/Hot Tub
Fireplace 1
Accessibility Accessible Elevator Installed
Appliances Dryer, Down Draft, Disposal, Dishwasher, Electric Range, Gas Cooktop, Microwave, Refrigerator, Washer, Water Heater, Built-In Electric Oven
Subdivision Lakeside Heights
Lot features Cul-De-Sac, Garden, Landscaped, Level, Private, Secluded
View Lake
Elementary school district Lincoln County School District
Middle school district Lincoln County School District
High school district Lincoln County School District
Directions From US 101 head East on NE Neotsu Drive. Take first Right on NE Johns Ave. Follow around the corner and take first Right on NE 40th Court. Driveway is on the right. No sign. Do not disturb tenants.
Standard status Active
APN 50000
Size 4,303 SF
Lot size 0.32 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13855

Utilities

Utilities Phone Available
Sewer type Public Sewer
Heating system Natural Gas, Electric (Heating), Wall Furnace
Water source Public
Water front 1

Amenities

swim spa
dock
double-sided fireplaces
screened doors
private decks
central vac
built-ins
wide doorways
pocket doors
deep garages

Building Details

Year built 2004
Floors in Building 2
Number of units 4
Flooring type Laminate, Vinyl, Carpet
Building materials Shake Siding, Cedar
Roof type Composition
Architectural style Other
Additional Structures Gazebo
Listing Agency: Kiwanda Coastal Properties
Listed By: Amanda Graves · License #201212564
Added: May 22 Changed: Aug 19 Last Checked: Aug 25 at 12:06AM
MLS# 26-1401

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 4,303-square-foot quadplex on 0.32 acres includes three residential units and a bonus studio. Built in 2004, the property incorporates universal design elements such as wide interior halls and doors, roll-in showers, grab bars, built-in shower seating, and an installed elevator serving the lower-level residences. Three lakefront primary suites open onto private decks, while deep garages, central vacuum, fireplaces, cedar shake siding, and a swim spa add functional and recreational features.

The property occupies a lakefront setting on Devil’s Lake in Lincoln City’s Neotsu area, across from Chinook Winds Golf Course and next to tribal trust land. It sits on a secluded cul-de-sac with access to city water and public sewer. The beach, hospital, post office, grocery stores, banking, and other daily services are nearby. Recent improvements include a sealed driveway, newer water heaters, exterior paint, and roof replacement approximately four years ago.

Key Highlights

  • 4,303 square feet on a 0.32‑acre lakefront parcel
  • Three residential units plus a bonus studio
  • Elevator provides access to lower‑level units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Parts Store Big Box & Wholesale Store Storage Facility Hair Salon

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

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

208
Businesses Nearby

Demographics for 97364, OR

513
Population
291
Households
1.8
Avg Household Size
53
Median Age
7%
College-Educated
96%
High-School Grad
0.3 sq mi
ZIP Area
1,710
Density / Sq Mi
$60,446
Median Household Income
$24,036
Median Earnings
$958
Median Rent
$482,100
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?
Quadplex - Four-residence lakefront property with elevator access, universal design features, private decks, and public utilities.
Where is this quadplex located?
The property is located at 3445 3447 3449 NE 40th Court Lincoln City, OR.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 4,303 square feet on a 0.32‑acre lakefront parcel; Three residential units plus a bonus studio; Elevator provides access to lower‑level units
More about this property
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