Sold for $310,000

$310,000

1541 SE 51ST Street, Lincoln City, OR 97367

3beds

972sqft

Triplex

Built in 1942

-- sqft lot

$-- Zestimate^®

$319/sqft

$2,017 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,017/mo

Zestimate^® history

Owner options

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$2,017/mo

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$2,017/mo

Rent Zestimate^®

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$1,891/mo

Est. payment

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$1,891/mo

Est. payment

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What's special

Upstairs atticNew floorsNew roofGranite counters

This Triplex is a great investment opportunity in the Historic Taft District. New Roof and Granite Counters with new floors and freshly painted inside and out. Each Unit has an upstairs attic that can used as a Bonus room for storage. Popular location near Restaurants and shops. Close to the Siletz Bay and Ocean Beaches and a new City Park just a block away. The Units are now vacant and ready for new management. The Seller will consider terms.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Heating

Electric, Wall Furnace

Cooling

None

Appliances

Included: Electric Range, Refrigerator

Features

Has fireplace: No

Interior area

Total structure area: 972
Total interior livable area: 972 sqft
Finished area above ground: 0
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Off Street

Features

Has view: Yes
View description: None

Lot

Size: 2,613 Square Feet

Details

Parcel number: 071134AA50000
Zoning: R7.5
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Triplex

Materials

Other
Foundation: Concrete Perimeter
Roof: Composition

Condition

New construction: No
Year built: 1942

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Water Available

Community & HOA

Community

Subdivision: Taft

HOA

Has HOA: No

Location

Region: Lincoln City

Financial & listing details

Price per square foot: $319/sqft
Tax assessed value: $323,660
Annual tax amount: $2,047
Date on market: 3/27/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Contract
Road surface type: Paved

Price history

Date	Event	Price
4/3/2026	Sold	$310,000-8.6%$319/sqft
Source: eXp Realty #205318637 Report a problem
3/27/2026	Pending sale	$339,000$349/sqft
Source: eXp Realty #26-744 Report a problem
3/27/2026	Price change	$339,000-2.9%$349/sqft
Source: eXp Realty #26-744 Report a problem
1/21/2026	Listed for sale	$349,000$359/sqft
Source: OCMLS #LC-104523 Report a problem
12/17/2025	Pending sale	$349,000+584.3%$359/sqft
Source: OCMLS #LC-104523 Report a problem
7/18/2013	Sold	$51,000+4.1%$52/sqft
Source: Public Record Report a problem
3/30/2012	Sold	$49,000-32.9%$50/sqft
Source: RMLS (OR) #12350250 Report a problem
12/22/2011	Listed for sale	$73,000$75/sqft
Source: Prudential Taylor & Taylor Realty Company #11-3021 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,017 +1.6%	$123,710 +3%
2024	$1,986 +2.8%	$120,110 +3%
2023	$1,932 +2.9%	$116,620 +3%
2022	$1,878 +1.8%	$113,230 +3%
2021	$1,844 +5.5%	$109,940 +3%
2020	$1,748	$106,740 +3%
2019	--	$103,640 +3%
2018	$1,702	$100,630 +3%
2017	$1,702 +11.4%	$97,700 +3%
2016	$1,527	$94,860