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
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