Homes for sale - 3979, 3989 NE Johns AVE #& 3999, Neotsu, OR 97364 ...

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Taj Richardson And Seth Belsey

tajandseth@hcoastrealty.com +1(541) 921-5315

$ 1,057,000

Est. payment | -/mo

9 Beds

6 Baths

4,497 SqFt

Save

$ 1,057,000

Est. payment | -/mo

Save

9 Beds

6 Baths

4,497 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Dwelling

Listing Status Active

Purchase Type For Sale

Square Footage 4,497 sqft

Price per Sqft $235

Subdivision Lakeside Heights

MLS Listing ID 25-1769

Style Tri-Plex

Bedrooms 9

HOA Y/N No

Year Built 1997

Annual Tax Amount $9,826

Tax Year 2024

Lot Size 0.270 Acres

Acres 11761.2

Lot Dimensions Plat Map in Docs

Property Sub-Type Multi-Dwelling

Property Description

Income-Producing Triplex with Seasonal Lake Views in Desirable Neotsu. Excellent investment opportunity in the peaceful lakeside community of Neotsu, just minutes from Lincoln City and the Oregon Coast. This well-maintained tri-plex offers three spacious units, each with 3 bedrooms, 2 bathrooms, and approximately 1,499 square feet of bright, open living space. Features include driftwood-style luxury vinyl plank flooring, attached oversized single garages, and private decks with seasonal views of Devil's Lake. Two units have strong long-term rental histories. The third unit has been fully remodeled and is currently rented as a mid-range furnished unit—furnishings are negotiable. Recent exterior improvements include fresh paint and stained decks, ensuring low maintenance for years to come. Neotsu is known for its warmer microclimate and easy access to outdoor recreation. Residents enjoy birdwatching, kayaking, fishing, and paddleboarding on Devil's Lake, along with hiking and picnicking at nearby Regatta Park. Just minutes away, Lincoln City offers beachcombing, tide pooling, surfing, and whale watching, plus shopping at the Lincoln City Outlets, dining, art galleries, golf, and the Chinook Winds Casino Resort. Whether you're seeking a full investment property or a chance to live in one unit while leasing the others, this triplex offers both income potential and lifestyle appeal in a high-demand coastal market. Please do not disturb tenants. Showings available only with an accepted offer. Seller-carried financing may be considered.

Location

State OR

County Lincoln

Area Lincoln City

Zoning R-M Residential, Multifamily

Direction From Hwy 101: South on NE Neotsu Dr by Neotsu Post Office; Right on NE Johns Ave: To address on Right just past NE 40th Ct.

Rooms

Other Rooms None

Interior

Interior Features Vaulted Ceiling(s)

Flooring Carpet, Tile

Furnishings Negotiable

Window Features Window Coverings

Exterior

Utilities Available Electricity Available, Natural Gas Available

Waterfront Description None

View Lake

Roof Type Composition

Porch Deck

Garage Yes

Building

Foundation Concrete Perimeter

Water City

Architectural Style Tri-Plex

Others

Senior Community false

Tax ID 071102AC-900-00

Lincoln County MLS Oregon / OREGON COAST MLS

Listed by Coldwell Banker Professional Group - Lincoln City

GET MORE INFORMATION

Taj Richardson And Seth Belsey

Broker-Owner | Lic# T: 200709164 | S: 201236206

tajandseth@hcoastrealty.com

+1(541) 921-5315

4157 NW Highway 101, Lincoln City, OR, 97367-5046, USA

3979, 3989 NE Johns AVE #& 3999 Neotsu, OR 97364

Taj Richardson And Seth Belsey

Key Details

Location

Rooms

Interior

Exterior

Building

Others

3979, 3989 NE Johns AVE #& 3999