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Listed by Redfin
$1,097,000
Est. payment /mo
4,497 SqFt
Price Dropped by $48K
3979 NE JOHNS AVE Neotsu, OR 97364
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UPDATED:
02/03/2025 02:11 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,497 sqft
Price per Sqft $243
Subdivision Devils Lake
MLS Listing ID 24236239
Year Built 1997
Annual Tax Amount $9,826
Property Description
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. DO NOT DISTURB OCCUPANTS – Don't miss your chance to own this exceptional investment property in Neotsu. Minutes from the beach, with everything Lincoln City has to offer right at your fingertips.
Location
State OR
County Lincoln
Area _200
Zoning RM
Rooms
Basement None
Interior
Heating Forced Air
Exterior
Garage Spaces 3.0
View Territorial, Trees Woods
Roof Type Composition
Garage No
Building
Lot Description Corner Lot
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Oceanlake
Middle Schools Taft
High Schools Taft
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
