Pending

$1,750,000

1461 NW 17th St, Lincoln City, OR 97367

2beds

1baths

648sqft

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MultiFamily

Built in 1943

-- sqft lot

$280,900 Zestimate^®

$2,701/sqft

$-- HOA

What's special

INCREDIBLE INVESTMENT OPPORTUNITY in the heart of the Oceanlake district in NW Lincoln City Oregon. This mobile home park with 21 units (400/month) and 1 single family home (1,200/mo) with excellent long-term rental history. Almost an acre lot (0.91 acre) of favorable commercial mixed-use zoning of OP-IM. Less then 2 blocks to beach access!! Nearby coffee shop, restaurants, theater, and shopping. Adjacent property (house on 0.11 acre lot) may be purchased also. All mobile homes/RVs are tenant-owned and serviced by public utilities. 2 bed/1bath home has all new electrical. DO NOT DISTURB TENANTS.

395 days

11

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1

Heating

Electric

Features

Has basement: No

Interior area

Total structure area: 648
Total interior livable area: 648 sqft

Property

Parking

Total spaces: 22

Features

Levels: One and One Half
Stories: 1.5

Lot

Size: 0.91 Acres

Details

Additional parcels included: 07-11-10-DB-14300-00
Parcel number: 071110DB1370000
Zoning description: I-M Interior Mixed Use (Oceanlake)

Construction

Type & style

Home type: MultiFamily

Materials

Shake Siding
Foundation: Concrete Perimeter
Roof: Composition

Condition

Year built: 1943

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Not Available, Water Available

Community & HOA

Community

Subdivision: Devils Lake Park

HOA

Has HOA: No

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $2,701/sqft
Tax assessed value: $27,300
Annual tax amount: $8,709
Date on market: 6/20/2025
Listing terms: Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$280,900

$216,000 - $362,000

$1,699/mo

Price history

Date	Event	Price
12/16/2025	Pending sale	$1,750,000$2,701/sqft
Source: OCMLS #LC-104089 Report a problem
7/23/2025	Contingent	$1,750,000$2,701/sqft
Source: OCMLS #25-1406 Report a problem
6/20/2025	Listed for sale	$1,750,000+34900%$2,701/sqft
Source: OCMLS #25-1406 Report a problem
2/10/1991	Sold	$5,000$8/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$229 +2.7%	$13,250 +3%
2023	$223 +2.7%	$12,870 +3%
2022	$217 -97.6%	$12,500 +3%
2021	$8,960 +4319%	$12,140 +3%
2020	$203	$11,790 +3%
2019	--	$11,450 +7.6%
2018	$183	$10,640

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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