Great opportunity to own a duplex in the heart of Lincoln City, located near Devils Lake and close to many of the area's amenities. Live in one unit while renting the other, or add it to your investment portfolio and rent both units. Each unit features 2 bedrooms and 1.5 bathrooms, along with its own separate address and a private single car garage. Both units include a gas fireplace, carpeted living areas, and linoleum flooring in the kitchen and utility spaces. One of the units is currently tenant occupied, offering immediate rental income potential. With its central Lincoln City location and versatile layout, this duplex presents an excellent opportunity for both owner occupants and investors alike. Schedule your appointment today!
Sold
$500,000
1945 NE 7th Dr, Lincoln City, OR 97367
4beds
2,406sqft
Multi Family
Built in 1997
-- sqft lot
$529,000 Zestimate®
$208/sqft
$2,476 Estimated rent
Home value
$529,000
$503,000 - $555,000
$2,476/mo
Zestimate® history
Owner options
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$2,476/mo
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$2,476/mo
Rent Zestimate®
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$3,098/mo
Est. payment
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$3,098/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Dennis Regen 541-994-9111,
Taylor & Taylor Realty Co.,
Korey Hazard 541-961-7519,
Taylor & Taylor Realty Co.
Bought with:
Robert Vincent, 201235569
Taylor & Taylor Realty Co.
Source: RMLS (OR),MLS#: 245435509
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- Partial bathrooms: 2
Heating
- Zoned, Fireplace(s)
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator, Gas Water Heater
Features
- Basement: None
Interior area
- Total structure area: 2,406
- Total interior livable area: 2,406 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Garage
- Garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 2
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.26 Acres
- Features: Level, Ocean Beach One Quarter Mile Or Less, SqFt 10000 to 14999
Details
- Parcel number: R507420
- Zoning: R1-7.5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Existing
- Year built: 1997
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Lincoln City
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $537,930
- Annual tax amount: $5,931
- Date on market: 3/6/2026
- Cumulative days on market: 58 days
- Listing terms: Cash,Conventional
- Total actual rent: 1900
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Sold | $500,000-9.1%$208/sqft |
Source:  RMLS (OR) #245435509 Report a problem | ||
| 5/3/2026 | Pending sale | $550,000$229/sqft |
Source: RMLS (OR) #245435509 Report a problem | ||
| 4/10/2026 | Price change | $550,000-5%$229/sqft |
Source: RMLS (OR) #245435509 Report a problem | ||
| 3/7/2026 | Listed for sale | $579,000+189.5%$241/sqft |
Source: RMLS (OR) #245435509 Report a problem | ||
| 10/6/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/22/2023 | Price change | $1,900-9.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/15/2023 | Listed for rent | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/4/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/13/2023 | Listed for rent | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/1/2013 | Sold | $200,000-16.3%$83/sqft |
Source: RMLS (OR) #12517076 Report a problem | ||
| 9/16/2012 | Listing removed | $239,000$99/sqft |
Source: Lincoln City Realty, LLC #12-578 Report a problem | ||
| 7/18/2012 | Price change | $239,000-7.7%$99/sqft |
Source: Lincoln City Realty, LLC #12-578 Report a problem | ||
| 3/21/2012 | Listed for sale | $259,000$108/sqft |
Source: Lincoln City Realty, LLC #12-578 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,754 +1.6% | $350,310 +3% |
| 2024 | $5,665 +2.8% | $340,110 +3% |
| 2023 | $5,508 +2.9% | $330,210 +3% |
| 2022 | $5,355 +1.8% | $320,600 +3% |
| 2021 | $5,260 +5.5% | $311,270 +3% |
| 2020 | $4,984 | $302,210 +3% |
| 2019 | -- | $293,410 +3% |
| 2018 | $4,852 | $284,870 +3% |
| 2017 | $4,852 +11.4% | $276,580 +3% |
| 2016 | $4,357 | $268,530 +3% |
| 2015 | $4,357 +11.1% | $260,710 +7.4% |
| 2014 | $3,922 | $242,770 |
Find assessor info on the county website
Neighborhood: 97367
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Nearby schools
GreatSchools rating
- NAOceanlake Elementary SchoolGrades: K-2Distance: 0.6 mi
- 6/10Taft Middle SchoolGrades: 7-8Distance: 2.6 mi
- 3/10Taft High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Oceanlake
- Middle: Taft
- High: Taft
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Oregon
- Lincoln County
- Lincoln City
- 97367
- 1945 NE 7th Dr
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