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  • $1,057,000

    3979-3989 NE Johns Ave #&-3999, Neotsu, OR 97364

    9beds
    6baths
    4,497sqft
    : 
    Triplex
    Built in 1997
    -- sqft lot
    $1,012,500 Zestimate®
    $235/sqft
    $-- HOA

    What's special

    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.
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    Zillow last checked: 7 hours ago

    Listing updated: 22 hours ago

    Listed by:

    Hannah Katz 541-418-3101,

    Coldwell Banker Professional Group - Lincoln City

    Source: OCMLS,MLS#: 25-1769MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 3979-3989 NE Johns Ave #&-3999.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 6
    Appliances
    • Included: Water Heater
    Features
    • Vaulted Ceiling(s)
    • Flooring: Carpet, Tile
    • Windows: Window Coverings
    • Has fireplace: No
    Interior area
    • Total structure area: 4,497
    • Total interior livable area: 4,497 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage, Open
    • Has garage: Yes
    • Uncovered spaces: 6
    Features
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Frontage type: None
    Lot
    • Size: 0.27 Acres
    Details
    • Additional structures: None
    • Parcel number: 071102AC90000
    • Zoning description: R-M Residential, Multifamily

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Year built: 1997

    Utilities & green energy

    • Water: City
    • Utilities for property: Electricity Available, Natural Gas Available

    Community & HOA

    Community
    • Subdivision: Lakeside Heights
    HOA
    • Has HOA: No
    Location
    • Region: Neotsu

    Financial & listing details

    • Price per square foot: $235/sqft
    • Annual tax amount: $9,826
    • Date on market: 8/4/2025
    • Road surface type: Paved
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