Closed

$340,000

1404 NW 15th St, Lincoln City, OR 97367

5beds

3baths

1,800sqft

MultiFamily

Built in 1926

-- sqft lot

$509,200 Zestimate^®

$189/sqft

$2,168 Estimated rent

Home value

$509,200

$418,000 - $606,000

$2,168/mo

Zestimate^® history

Owner options

List your home for rent

$2,168/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$2,168/mo

Rent Zestimate^®

Refinance and save

$2,086/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$2,086/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Great opportunity to own a duplex and a detached home all on 1/3 of an acre in prime area of downtown Lincoln City. Duplex has a 2 bedroom on the main level with 1040 sq ft, and the 2nd unit is upstairs, with 2 stories with 832 on one floor and 320 finished attic. Also a 832 sq ft basement. The blue house has 468 sq ft and an attached shed of 270 sq ft. Lots of potential. The restaurant building next door is also available ''Best Thai'' for an additional 350k. ML# 258680761 Restaurant is leased to the restaurant owner. Business is not for sale.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3

Heating

Has Heating (Unspecified Type)

Features

Has basement: Yes

Interior area

Total structure area: 1,800
Total interior livable area: 1,800 sqft

Property

Parking

Total spaces: 12

Features

Levels: Two
Stories: 2

Lot

Size: 0.32 Acres

Details

Parcel number: 071110DC90000
Zoning description: OP-MSH Main Street Highway

Construction

Type & style

Home type: MultiFamily
Architectural style: Traditional

Materials

Wood Siding, Cedar
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 1926

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Available, Water Connected

Community & HOA

Community

Subdivision: Raymond Townsite

HOA

Has HOA: No

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $189/sqft
Tax assessed value: $638,560
Annual tax amount: $5,891
Date on market: 3/4/2025
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
5/30/2025	Sold	$340,000-14.8%$189/sqft
Source: OCMLS #LC-103086 Report a problem
4/10/2025	Pending sale	$399,000$222/sqft
Source: RMLS (OR) #708585359 Report a problem
3/31/2025	Price change	$399,000-16%$222/sqft
Source: RMLS (OR) #708585359 Report a problem
3/14/2025	Price change	$475,000-17.4%$264/sqft
Source: RMLS (OR) #708585359 Report a problem
2/24/2025	Listed for sale	$575,000$319/sqft
Source: RMLS (OR) #708585359 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$5,877 +2.8%	$355,370 +3%
2023	$5,715 +2.9%	$345,020 +3%
2022	$5,556 +1.8%	$334,980 +3%
2021	$5,456 +5.5%	$325,230 +3%
2020	$5,171	$315,760 +3%
2019	--	$306,570 +3%
2018	$5,033	$297,650 +3%
2017	$5,033 +11.4%	$288,990 +3%
2016	$4,518	$280,580 +3%
2015	$4,518 +5%	$272,410 +3%
2014	$4,305	$264,480 +3%
2013	$4,305 +4.3%	$256,780 +3%
2012	$4,127 +4.1%	$249,310 +3%
2011	$3,963 +4.1%	$242,050
2010	$3,806 +3.1%	$242,050 +6.1%
2009	$3,690 +2.7%	$228,160
2008	$3,595 +2.3%	$228,160 +6.1%
2007	$3,516	$215,070