3979, 3989 NE Johns Avenue &Amp 3999 Neotsu, OR 97364
Listing Courtesy of: Lincoln County MLS / Coldwell Banker Professional Group / Hannah Katz

  3979, 3989 NE Johns Avenue &Amp 3999 Neotsu, OR 97364

Active (16 Days)
$1,057,000
9
BED
6
BATH
4,497
SQFT
OPEN HOUSE TIMES
  • OPEN
    Fri, Sep 5
    12 noon - 3:00 pm

Description

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.

MLS #:
25-1769
Taxes
$9,827(2024)
Lot Size
0.27 acres
Type
Multifamily
Year Built
1997
Style
Tri-Plex
Views
Lake
County
Lincoln County

Listed By

Hannah Katz, Coldwell Banker Professional Group
Source
Lincoln County MLS
Last checked Aug 20 2025 at 1:47 AM GMT+0000
Bathroom Details
Interior Features
  • Vaulted Ceiling(s)
Kitchen
  • Water Heater
Subdivision
  • Lakeside Heights
Property Features
  • Foundation: Concrete Perimeter
Basement Information
  • No
Flooring
  • Carpet
  • Tile
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Electricity Available, Natural Gas Available
  • Sewer: True
Garage
  • Attached
Stories
  • Three or More
Location
   
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Disclaimer: Copyright 2025 Lincoln County MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 8/19/25 18:47