5218 NW JETTY AVE, Lincoln City, OR 97367 | MLS #518414587 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of Taylor & Taylor Realty Co.MLS# 518414587MLS ProviderContact Information: 541-994-9111
  • 454 days on site
  • 8 views

Motivated seller. Price greatly reduced. Ocean view duplex located in the Road's End area of Lincoln City, with nearby public beach access. This property offers the opportunity for coastal income, or the option to occupy one unit and rent the other.The property is currently operated as a rental with an approximate 6.6% cap rate. The lower unit features two bedrooms and one bathroom, while the upper unit includes one bedroom and one bathroom.Conveniently located less than a mile from grocery stores, shopping, banks, and entertainment. All showings are by appointment only. Please do not disturb tenants.The property has a recorded view easement in place, preventing any structure from being built above the current height.One of the sellers holds an active real estate license in the state of Oregon.

Source: Regional MLS, MLS#: 518414587

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  • Property Type
    Residential Income
  • Lot
    0.11 acres

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  • Median Age
    55
  • Population Density
    231
  • College Educated
    35%
  • Estimated Median Income
    $46,563
  • Estimated Total Home Owners
    2,808
  • Estimated Total Renters
    1,706
  • Owner / Renter Divide
    62% / 38%
  • Estimated Average Household Size
    2
  • Total Population
    10,023
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
5/15/2026Source: Tillamook MLS Price Reduction
$664,500 -4.9%
5/15/2026Source: Regional MLS Price Reduction
$664,500 -4.9%
5/15/2026Source: Tillamook MLS Price Reduction
$664,500 -4.9%
4/3/2026Source: Tillamook MLS Added to Database
April 03, 2026
1/5/2026Source: Tillamook MLS Added to Database
February 05, 2024
1/5/2026Source: Tillamook MLS Price Reduction
$699,999 -4.1%
1/5/2026Source: Tillamook MLS Price Reduction
$699,999 -4.1%
1/5/2026Source: Tillamook MLS Added to Database
April 23, 2025
1/5/2026Source: Tillamook MLS Added to Database
March 31, 2025
8/15/2025Source: Regional MLS Price Reduction
$699,000 -4.2%
7/25/2025Source: Regional MLS Price Reduction
$729,999 -0.7%
4/1/2025Source: Regional MLS Added to Database
April 01, 2025