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Duplex with Recorded View Easement
For Sale
$664,500

5218 NW Jetty Avenue, Lincoln City, OR 97367

MULTI_FAMILY - Other - Lincoln City, OR

Property Size1,980 SF
Lot Size0.11 Acres
Price / SF$335.61
Days on Market479

Property Features for 5218 NW Jetty Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-1-RE Residential (Roads
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2
Parking 2
Window features Window Treatments
Patio and Porch features Deck
Interior features Vaulted Ceiling(s)
Fireplace 1
Appliances Dryer, Dishwasher, Electric Oven, Electric Range, Refrigerator, Washer, Water Heater
Subdivision Road's End
View Ocean
Directions Hwy 101 to Logan Rd to NW 50th St to NW Jetty to property.
Standard status Active
APN 061134DD-2300-00
Size 1,980 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 5871

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Baseboard, Electric (Heating)
Water source Public

Building Details

Year built 1966
Floors in Building 2
Number of units 2
Flooring type Carpet
Building materials Concrete
Roof type Composition
Architectural style Other
Listing Agency: Taylor & Taylor Realty Company
Listed By: Dennis M Regen · License #810604051
Added: Apr 23, 2025 Changed: Aug 11 Last Checked: Aug 14 at 5:06AM
MLS# LC-103685

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 ocean-view duplex offers a practical coastal income layout with two separate units. The lower unit has two bedrooms and one bathroom, while the upper unit has one bedroom and one bathroom. The home includes vaulted ceiling(s), a deck/patio area, and a fireplace. Heating is electric baseboard, and the property is served by public water and public sewer. Construction materials include concrete, with carpet flooring and a composition roof.

The property is located in the Road’s End area of Lincoln City, with nearby public beach access and shopping, grocery, banks, and entertainment less than a mile away. A recorded view easement is in place to prevent any structure from being built above the current height. The property is currently operated as a rental with an approximate 6.6% cap rate.

A brand new roof is being installed June 2026. All showings are by appointment only, and tenants should not be disturbed.

Key Highlights

  • Duplex currently operated as a rental with an approximate 6.6% cap rate
  • Recorded view easement prevents any structure from being built above the current height
  • Lower unit: two bedrooms and one bathroom; upper unit: one bedroom and one bathroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Parking Lot & Garage Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

445
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?
Duplex - Ocean-view duplex in Lincoln City with a recorded view easement and in-place rental setup featuring two bedrooms downstairs.
Where is this duplex located?
The property is located at 5218 NW Jetty Avenue Lincoln City, OR.
What is the asking price?
The asking price for this property is $664,500.
What are key features of this property?
This property features: Duplex currently operated as a rental with an approximate 6.6% cap rate; Recorded view easement prevents any structure from being built above the current height; Lower unit: two bedrooms and one bathroom; upper unit: one bedroom and one bathroom
More about this property
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