Approved 4-Plex
For Sale
$99,500
Tl5500 Northwest 22nd Street, Lincoln City, OR 97367
Land is zoned R-M and site-plan approved for a 4-plex, with electricity, public water, and public sewer connected.
Property Size9,583 SF
Lot Size0.22 Acres
Price / SF$10.38
Days on Market236
Property Features for Tl5500 Northwest 22nd Street
General Information
Standard status
Active
Size
9,583 SF
Lot size
0.22 Acres
Property subtype
Land
Zoning
R-M Residential, Multifam
Site & Location
Road Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1,147
Amenities
No
Curbs, Sidewalks
Listing Agency:
Realty One Group At the Beach,
(541) 678-4220
Listed By:
Vanessa N Corder · License #201256411
(541) 678-4220
Source:
Compass
Added: Dec 27, 2025
Changed: Aug 8
Last Checked: Jul 20 at 9:26PM
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 Realty One Group At the Beach,
Investment Insights
Based on property information with market context.
This site-plan approved parcel is zoned R-M and approved for a 4-plex. The seller reports electricity, public water, and public sewer are connected at the site, supporting a straightforward path toward permits and site work.
The property fronts a paved city street with curbs and sidewalks in place. Seller financing is available with owner terms. The seller also notes last year’s taxes were $1,147, with no HOA and no CC&Rs, and that there is no land lease.
Buyer due diligence with the city is required to confirm plans, unit mix, and related details.
The property fronts a paved city street with curbs and sidewalks in place. Seller financing is available with owner terms. The seller also notes last year’s taxes were $1,147, with no HOA and no CC&Rs, and that there is no land lease.
Buyer due diligence with the city is required to confirm plans, unit mix, and related details.
Key Highlights
- 0.22‑acre parcel in Lincoln City’s Ocean Lake neighborhood, zoned R‑M and site‑plan approved for a 4‑plex
- Utilities are already connected: electricity, public water, and public sewer at the site
- Fronts a paved city street with curbs and sidewalks in place
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land is zoned R-M and site-plan approved for a 4-plex, with electricity, public water, and public sewer connected.
Where is this residential land & home lot located?
The property is located at Tl5500 Northwest 22nd Street Lincoln City, OR.
What is the asking price?
The asking price for this property is $99,500.
What are key features of this property?
This property features: 0.22‑acre parcel in Lincoln City’s Ocean Lake neighborhood, zoned R‑M and site‑plan approved for a 4‑plex; Utilities are already connected: electricity, public water, and public sewer at the site; Fronts a paved city street with curbs and sidewalks in place
