$1067000
-
9 Bed
-
6 Bath
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4497 SqFt
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63 DOM
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Built: 1997
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Status: Off Market
Love this home?
Income-Producing Tri-Plex with Lake Views in Highly Desirable Neotsu. Discover a fantastic investment opportunity in the sought-after Neotsu area! This well maintained tri-plex offers an incredible combination of income potential, location, and lifestyle. Each of the three spacious units features 3 bedrooms, 2 bathrooms, and approximately 1,499 square feet of comfortable living space, making this property ideal for both investors and owner-occupants. The property is thoughtfully designed with Driftwood-style luxury vinyl plank flooring throughout, providing durability and style. Attached oversized single garages add convenience, while ample parking options ensure ease for residents and guests alike. Recent updates include fresh exterior paint and stained decks, enhancing the property’s curb appeal and longevity. Enjoy seasonal lake views and a serene natural setting where wildlife abounds. The grounds open to nearby trails adorned with wild berry bushes, providing a peaceful backdrop for recreation. Residents can take advantage of Regatta Park, featuring a community dock and play structure along the lake, perfect for relaxing afternoons or family outings. This tri-plex is located just minutes from Lincoln City’s vibrant amenities, including beaches, casinos, shopping, dining, and recreation. Several community parks, hiking locations, and the Lincoln City Recreation Center are also close by, offering endless opportunities for outdoor and leisure activities. Nestled in a quiet neighborhood, this property is the perfect blend of tranquility and convenience. Whether you choose to live in one unit and rent out the others or lease all three for maximum income, this tri-plex boasts a strong rental history and is a great income producer. Don’t miss your chance to own this exceptional investment property in Neotsu. Potential for Seller Carried Options. Minutes from the beach, with everything Lincoln City has to offer right at your fingertips. Call your Agent for showings!
Listing Provided Courtesy of Justin Bradley, Redfin
General Information
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407386184
-
-
63 DOM
-
9
-
-
6
-
4497
-
1997
-
RM
-
Lincoln
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R505900
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Oceanlake
-
Taft
-
Taft
-
MultiFamily
-
-
PROPERTY ID R505900 LAKESIDE HEIGHTS, LOT 1, DOC202100749
Listing Provided Courtesy of Justin Bradley, Redfin
PDXA1 Realty Group data last checked: Jul 12, 2025 10:58 | Listing last modified Jun 05, 2025 11:41,
Source:
Residence Information
-
-
-
-
4497
-
-
-
-
9
-
-
-
6
-
Composition
-
-
-
Garage,OffStreet
-
2
-
1997
-
No
-
-
CementSiding, LapSiding
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None
-
-
-
None
-
ConcretePerimeter
-
-
Features and Utilities
-
-
-
-
-
-
-
Gas
-
ForcedAir
-
PublicSewer
-
Gas
-
Electricity
Financial
-
9826.56
-
-
Electricity,Gas,MaintenanceGrounds,Sewer,TrashColl
-
-
-
Cash,Conventional
-
04-03-2025
-
-
No
-
No
Comparable Information
-
-
63
-
100
-
-
Cash,Conventional
-
$1,067,000
-
$1,067,000
-
-
Jun 05, 2025 11:41
Schools
Map
Listing courtesy of Redfin.
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: Jul 12, 2025 10:58 | Listing last modified Jun 05, 2025 11:41.
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.
— Jagathishp
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.
— Vignesh Chan
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.
— Praveen
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.
— Alishetty
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.
— Ramren Garajan
Thinking about buying or selling. Let’s Talk.
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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