675 SE KEEL Ave, Lincoln City, OR 97367
MULTI_FAMILY - LincolnCity, OR
- Added:
- Apr 2, 2026
- Days on Market:
- 70
- Last Refresh:
- Jun 10 at 2:06 am
Property Features for 675 SE KEEL Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-M
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
- Standard status
- Active
- APN
- R56231
- Size
- 3,090 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- PROPERTY ID R56231 TWNSHP 07, RNG 11, ACRES 0.11, DOC201802016
- Tax Annual Amount
- 3747
Utilities
- Heating system
- Baseboard
Building Details
- Year built
- 1969
- Floors in Building
- 2
- Number of units
- 3
- Roof type
- Composition
Listing agent Mark Charlesworth License #200907037 (503) 444-5868
Listing office Keller Williams PDX Central 919 NE 19th Ave Ste 100, Portland, OR (503) 548-4848
Listing date Apr 2, 2026
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.
HighLights
- Triplex built in 1969 with baseboard heating and a composition roof
- Unit mix: two 2‑bedroom, 1‑bath units plus one 1‑bedroom, 1‑bath unit
- Partially updated units; includes bathroom 1, bathroom 2, and bathroom 3 per layout
- Fully fenced backyard with mature landscaping
- Woodsy views from the front and partial ocean views from the upper level
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.6k | $13.80 |
| − Vacancy | −$1.5k | −$0.49 |
| EGI | $41.1k | $13.31 |
| − OpEx | −$12.3k | −$3.99 |
| NOI | $28.8k | $9.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lincoln City
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.012609
- Latitude
- 44.962062
