Lakefront Multifamily
For Sale
$1,450,000
3445 NE 40th Court, Neotsu, OR 97364
Income-producing property with accessible residences, private decks, and direct lakeside access on Devil's Lake.
Property SizeContact for details
Days on Market140
Property Features for 3445 NE 40th Court
General Information
Standard status
Active
Elevators
Yes
Property subtype
Multi-family
Building Details
Year Built
2004
Listing Agency:
Kiwanda Coastal Properties
Listed By:
Amanda Graves
(877) 319-7625
Source:
Century21northhomes
Added: Mar 17
Changed: Jul 31
Last Checked: Aug 2 at 4:08PM
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 Kiwanda Coastal Properties
Investment Insights
Based on property information with market context.
This lakefront multifamily property at 3445 NE 40th Court includes 3 beautifully appointed units plus a bonus studio and currently generates annual income. Each residence offers main-level living, while elevator access serves the lower-level units. The property includes wide doorways, pocket doors, built-ins, deep garages, central vacuum, and three lakefront primary suites opening to expansive private decks. A lower unit features a swim spa with easy sit-down access for year-round soaking and exercise.
Set on the northern shores of Devil's Lake in Neotsu, the property offers a private outdoor setting with a deck for kayaking, wildlife watching, fishing, and lakeside recreation. Local cedar shake siding and energy-efficient hillside construction support low utility use, while double-sided fireplaces provide supplemental warmth. Screened doors allow ocean breezes through the residences without air conditioning. Built in 2004, the property is located moments from the beach, hospital, post office, grocery stores, and banking.
Set on the northern shores of Devil's Lake in Neotsu, the property offers a private outdoor setting with a deck for kayaking, wildlife watching, fishing, and lakeside recreation. Local cedar shake siding and energy-efficient hillside construction support low utility use, while double-sided fireplaces provide supplemental warmth. Screened doors allow ocean breezes through the residences without air conditioning. Built in 2004, the property is located moments from the beach, hospital, post office, grocery stores, and banking.
Key Highlights
- Lakefront multifamily property on the northern shores of Devil's Lake
- 3 beautifully appointed units plus a bonus studio
- Main‑level living in every residence with elevator access to lower‑level units
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Income-producing property with accessible residences, private decks, and direct lakeside access on Devil's Lake.
Where is this multifamily property located?
The property is located at 3445 NE 40th Court Neotsu, 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: Lakefront multifamily property on the northern shores of Devil's Lake; 3 beautifully appointed units plus a bonus studio; Main‑level living in every residence with elevator access to lower‑level units
