Water Views
Address
220 Nw Spring Street, Waldport, OR
Price
$ 895,000
Property Attributes
  • MLS#26619
  • TypeSingle Family
  • Listing Status Active
  • CountyLINCOLN
  • CityWaldport
  • NeighborhoodRubles to Waldport
  • Zip97394
  • StyleContemporary
  • Year Built2003
  • Taxes$ 4350
  • Price$ 895,000
  • Bedrooms3
  • Full Bathrooms5
  • Half Bathrooms2
  • Sqr Footage3116
  • Lot Size0.23 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description

Residential & Commercial with Expansion Potential. Exceptional investment opportunity! This well-maintained apartment building features: 3 residential units with great natural light and rental history; 2 commercial office spaces perfect for small businesses or remote professionals; Laundry room for tenant convenience; Garage for storage or workshop use. Zoned for expansion - add up to 4 more residential units Ideal for investors seeking stable income and future growth, or owner-occupants looking to live and work in one dynamic space. Within the city limits of Waldport. Don't miss this rare opportunity to own a versatile property in a high Prime Location. Close to beach & shopping. Please do not disturb tenants. Listing Agent is one of the owners

Price History
3/16/2026 Listed $895,000

General Features

Heating Electric
Cooling Ceiling Fan(s)
Utilities Electricity Connected,Natural Gas Not Available,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Dryer,Electric Oven,Electric Range,Microwave,Washer,Water Heater,Refrigerator
Zoning D-D Downtown District (Waldport)
Architectural Style Contemporary
Year Built 2003
Tenant Pays Cable TV,Electricity,Internet
View Ocean
Property Subtype Quadruplex
Tax Year 2025
Gross Income 65040.0
OwnerPays Common Area Maintenance,Sewer,Trash Collection,Water
Community Features Sidewalks,Street Lights
County Lincoln
Operating Expense 4236.38
Insurance Expense 2871.0
Property Type Residential Income
HOA No
Attached Garage No
MaintenanceExpense 1200.0
Subdivision Name Ruble's to Waldport
Garage Y/N No
Other Structures Shed(s)
Status Active
Directions Highway 101 to Waldport,at the light turn East. North on Spring. Corner of Spring & Alder
City Waldport
Senior Community Y/N No
High School District Lincoln County School District
Number Of Units Total 5
Lot Size Units Acres
Lot Size Square Feet 10018.8
Carport Y/N No
Number of Units Leased 5
Land Lease Y/N No
Tax Annual Amount 4350.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active
Year Built Source Assessor
Total Actual Rent 65040.0
Year Built Effective 2003

Interior Features

Flooring Vinyl,Other
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Double Pane Windows,Vinyl Frames
Fireplace Y/N No
Above Grade Finished Area 1558.0
Total Bedrooms 3
Below Grade Finished Area 1558.0
Total Baths 5

Exterior Features

Parking Features Additional Parking,Off Street
Lot Features Level
Water Source Public
Total Parking 14.0
Lot Size Area 0.23
Foundation Details Slab
Number of Buildings 1
Spa No
Building Area Total 3116.0
Lot Dimensions 100x100
Lot Size Acres 0.23
Road Surface Type Paved
Number of Separate Electric Meters 5
Road Frontage Type County Road
Crops Included Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97394

Price
AVG $450K
$900K
Taxes
AVG $5,595
$4,350
Year Built
AVG 1989
2003
Visits
AVG 39
55
Data Provided by Inside Real Estate®

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