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About the Listing CBPG10 - KATZHANN
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.
Listing Highlights for 3979 3989 Ne Johns Avenue 3999 Ave
Status
Active
Days on Site
18
Property Type
Multi-Family
MLS ®
466090545
Year Built
1997
Total Square Footage
4,497
Lot/Acreage
0.27
County
Lincoln
Neighborhood
Lakeside Heights
Area
200 - Lincoln County
Elementary School
Oceanlake
Middle School
Taft
High School
Taft
Interior Details
- Bedrooms: 9
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Zoned
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: 3 car
- Parking Spaces: 6
- Zoning: R-M
- Roof: Composition
- Others: Approximately
- Sewer: Public Sewer
Financial Details
- Tax Amount: $9,827
- Taxes w/Assessments: N/A
- Tax/Property ID: R505900
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
3979 3989 Ne Johns Avenue 3999 Ave Neotsu, OR 97364
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