Courtesy: Redfin
503-496-7620
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.
Neotsu is located in Oregon. 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.
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.
