Neotsu OR Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
4,497
Status:
Active
Beds:
n/a
Year built:
1997
Baths:
MLS#:
24236239
Subdivision:
DEVILS LAKE

ADDITIONAL INFORMATION

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 – showings by appointment only. 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.

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Andrea Conner, License 201225347, Xome Inc., License 201213296, [email protected], 844-400-XOME (9663), 725 S. Main Street, Milton-Freewater, OR 97862


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 sourced from RMLS™ of Portland Oregon are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright 2024, RMLS of Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.



Neotsu Real Estate

The median home value in Neotsu, OR is $592,500. This is higher than the county median home value of $446,400. The national median home value is $338,100. The average price of homes sold in Neotsu, OR is $592,500. Approximately 54.68% of Neotsu homes are owned, compared to 5.89% rented, while 39.43% are vacant. Neotsu real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Neotsu real estate agent to arrange a tour today!

Neotsu, Oregon has a population of 646. Neotsu is more family-centric than the surrounding county with 33% of the households containing married families with children. The county average for households married with children is 18.44%.

The median household income in Neotsu, Oregon is $90,923. The median household income for the surrounding county is $54,961 compared to the national median of $69,021. The median age of people living in Neotsu is 56.8 years.

Neotsu Weather

The average high temperature in July is 70.2 degrees, with an average low temperature in January of 38.6 degrees. The average rainfall is approximately 79.8 inches per year, with 1.4 inches of snow per year.

Neotsu Real Estate Market Conditions

  • Median sales price

    $592,500
    14.2% change since last quarter
  • # Active listings

    5
    30-day change

Neotsu Schools and Demographics

Education near Neotsu, OR

Metric City County
High School Graduates 93.84 92.74
College Degree - 2 year 1.64 9.08
College Degree - 4 year 52.57 28.6
Graduate Degree 20.95 7.93
Expenditures per Student 14,116 14,116
Students per Teacher 17.1 17.1

Elementary Schools near Neotsu, OR

School Grades Students P/T Ratio ZIP
Oceanlake Elementary School KG - 06 437 21.4 97367
Taft Elementary School KG - 06 488 21.2 97367

High Schools near Neotsu, OR

School Grades Students P/T Ratio ZIP
Lincoln City Career Technical High School 09 - 12 52 17.1 97367
Taft High School 07 - 12 692 26.7 97367

Demographics near Neotsu, OR

Metric City County
Neighborhood Type Small town
Population 646 49,866
Population Density 283 51
Median Age 56.8 51.6
People per Household 2.2 2.2
Median Household Income 90,923 54,961
Average Income per Capita 44,054 32,776