Multi-Family for Sale: 3979 JOHNS AVE, Neotsu, OR 97364

4,497 sqft
$1,097,000
$1,097,000
3979 JOHNS AVE, Neotsu, OR 97364
4,497 sqft
$1,097,000
Remove from
Favorites
Add to
Favorites
Add to
Trip Map
Hide Share or
Email
Price:
$1,097,000
$48,000 - 01/31/2025

Type Multi-Family
Square Feet 4,497 sqft
Garage Spaces 3
Year Built 1997
Taxes Paid $9,826

City Neotsu
Area 200 - Lincoln County
County Lincoln
School District Taft
Subdivision DEVILS LAKE

MLS 24236239
Status Active
DOM 84 days
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.

Room Features

Basement Description None

Lot & Building Features

Heating Forced Air
Parking Description Garage, Off Street
Sewer Public Sewer
Water Public Water
Water Heater Gas

Community and Schools

Elementary School Oceanlake
Junior High School Taft
Senior High School Taft

Unit Features

Unit Type 1 Actual Rent 4800
Unit Type 1 Area 1499
Unit Type 1 Baths 2.000
Unit Type 1 Baths Total 2
Unit Type 1 Beds Total 3
Unit Type 1 Features Dishwasher, Washer/Dryer Hookup, Refrigerator, Range
Unit Type 1 Units Total 1
Unit Type 2 Actual Rent 1714
Unit Type 2 Area 1499
Unit Type 2 Baths 2.000
Unit Type 2 Baths Total 2
Unit Type 2 Beds Total 3
Unit Type 2 Features Dishwasher, Washer/Dryer Hookup, Refrigerator, Range
Unit Type 2 Units Total 1
Unit Type 3 Actual Rent 1846
Unit Type 3 Area 1499
Unit Type 3 Baths 2.000
Unit Type 3 Baths Total 2
Unit Type 3 Beds Total 3
Unit Type 3 Features Dishwasher, Washer/Dryer Hookup, Range, Disposal
Unit Type 3 Units Total 1

Price History of 3979 JOHNS AVE, Neotsu, OR

Date Name Price Difference
01/31/2025 Price Adjustment $1,097,000 4.19%
11/25/2024 Listing Price $1,145,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 3979 JOHNS AVE, Neotsu, OR

Location Map Street View
Photo of Jeremy Denny, GRI, REALTOR
Jeremy Denny, GRI, REALTOR
REALTOR, Designated Broker
Direct: 509-637-4441
Office
65 NE Estes
White Salmon, WA 98672
509-493-1783
Listed by Redfin, Justin Bradley
$
20%
0.89576663628077%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Browse By Area

3979 JOHNS AVE (MLS #24236239) is a multi-family listing located in Neotsu, OR. This property was listed on 11/25/2024 and has been priced for sale at $1,097,000.

Nearby zip codes are 97149, 97367, 97368 and 97388. This property neighbors other cities such as Gleneden Beach, Lincoln City, Neskowin and Otis.

RMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Redfin

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS. of Portland, Oregon. Real estate listings held by brokerage firms other than Pacific Rim Brokers are marked with the RMLS. logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS., Portland, Oregon.