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3979 3989 NE Johns Avenue 3999 Ave, 
Neotsu, OR 97364

$997,000


Bed


Bath


4,497

Sq Ft


Multi-Family

Active

Listed by

Hannah Katz

503-538-0468

Last updated:

September 14, 2025, 03:20 PM

MLS#

466090545

Source:

PORTLAND

Company Logo

About This Home

3979 3989 NE Johns Avenue 3999 Ave

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.

Home Facts

Multi-Family

Built in 1997

Price Summary

997,000

$221 per Sq. Ft.

MLS #:

466090545

Last Updated:

September 14, 2025, 03:20 PM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

4,497 Sq. Ft.


Structure

Structure

Building Area:

4,497 Sq. Ft.

Year Built:

1997


Lot

Lot Size (Sq. Ft):

11,761


Finances & Disclosures

Finances

Price:

$997,000

Price per Sq. Ft:

$221 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 held by brokerage firms other than Coldwell Banker Professional Group are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: September 14, 2025

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