$459000
3 Bed
1 Bath
1248 SqFt
10 DOM
Built: 1973
Status: Pending
Charming Updated Home With Income Potential Moments From the Beach! Discover a versatile opportunity at 1111 SW 13th Street in Lincoln City just moments from the beach, outlet mall, restaurants, and local shops. This tenant-occupied property features a 3-bedroom, 1-bath main home plus a separate 1-bedroom, 1-bath, two-story area, offering excellent flexibility for use as a primary residence or as a long-term rental investment. The property has seen numerous updates, and the main home (approx. 1,248 sq. ft. per county records). The separate area provides valuable bonus space, and is also tenant-occupied. Property has ample parking and each area has it's own backyard space, adding privacy and convenience for occupants. Total current rent for all spaces is approximately $3,750 per month. Buyers are advised to perform their own due diligence regarding property details, usage, and local requirements. Both tenants would prefer to stay on if purchased as an investment property, making this a convenient turnkey option for investors. Please note: Both home and additional studio area are separately tenant occupied. Whether you're looking to make this your home by the coast or expand your rental portfolio, this Lincoln City property offers exceptional potential just moments from the ocean.
Listing Provided Courtesy of Heather Nerup, Coldwell Banker Professional
227483136
SingleFamilyResidence
10 DOM
3
6969.6 SqFt
1
1248
1973
R7.5
Lincoln
R84523
Oceanlake
Taft
Taft
Residential
SingleFamilyResidence
PROPERTY ID R84523 JUTLAND ADDN., BLOCK 1, LOT 2, DOC202114941
Listing Provided Courtesy of Heather Nerup, Coldwell Banker Professional
PDXA1 Realty Group data last checked: Dec 11, 2025 12:33 | Listing last modified Dec 11, 2025 09:34,
Source:
0
1248
0
1248
county
1248
3
1
0
1
Composition
1, Attached
Traditional
Driveway
1
1973
No
CementSiding
ConcretePerimeter
FreeStandingRange, FreeStandingRefrigerator
VinylFloor
Deck, ToolShed
Electricity
ForcedAir
PublicSewer
Electricity
Electricity, Gas
3401.49
0
Cash,Conventional
12-01-2025
No
No
12-11-2025
10
10
Cash,Conventional
$459,000
$459,000
Dec 11, 2025 09:34
Listing courtesy of Coldwell Banker Professional.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Dec 11, 2025 12:33 | Listing last modified Dec 11, 2025 09:34.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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