About 5218 Nw Jetty Ave
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."
Features of 5218 Nw Jetty Ave
| MLS® # | 518414587 |
|---|---|
| Price | $664,500 |
| Bathrooms | 0.00 |
| Square Footage | 1,980 |
| Acres | 0.11 |
| Year Built | 1966 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 5218 Nw Jetty Ave |
|---|---|
| Area | 200 - Lincoln County |
| Subdivision | BRAEMAR |
| City | Lincoln City |
| County | Lincoln |
| State | OR |
| Zip Code | 97367 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Driveway |
| View | Ocean |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior | Cement Siding |
|---|---|
| Lot Description | Ocean Beach 1/4 Mile or Less |
| Roof | Built-Up |
| Foundation | Concrete Perimeter |
School Information
| Elementary | Oceanlake |
|---|---|
| Middle | Taft |
| High | Taft |
Additional Information
| Date Listed | April 1st, 2025 |
|---|---|
| Days on Market | 431 |
| Zoning | R1-RE |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Taylor & Taylor Realty Co. |
|---|---|
| Contact Info | 541-994-9111 |