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    • Price cut: $25K (6/30)
    $749,000

    529-531 537th St SW #32, Lincoln City, OR 97367

    4beds
    2,738sqft
    : 
    $5,084/mo
    Get pre-qualified
    Triplex
    Built in 1931
    -- sqft lot
    $-- Zestimate®
    $274/sqft
    $-- HOA

    What's special

    Oceanview triplexBathroom remodelsNew kitchen appliancesWindow coveringsAttached two stall garageOutside landscaping
    Excellent opportunity to own an Oceanview triplex in the Nelscott area of Lincoln City. Located a short distance from beach access and close to shopping, dining, and other local amenities. This property is great for an investor looking to add to their portfolio or for someone considering living on site while maintaining rental income. The triplex features three separate units across three levels. The ground level unit includes 2 bedrooms and 1 bathroom. The middle level unit offers 1 bedroom and 1 bathroom, while the upper level unit also features 1 bedroom and 1 bathroom. The second and third floor units have ocean views. The property also includes an attached two stall garage and sits on two tax lots. The current owner has recently completed many remodeling improvements including outside landscaping, new kitchen appliances, paint, flooring, lighting, window coverings, & bathroom remodels to the triplex, making this a well maintained income property in a prime coastal location. With its strong rental setup, ocean views, and close proximity to the beach, this triplex is ready for the next owner. Schedule your appointment today!
    69 days
    |
    163
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dennis M Regen 541-994-4169,

    Taylor & Taylor Realty Company,

    Jill Hurd 541-994-9111,

    Taylor & Taylor Realty Company

    Source: OCMLS,MLS#: 26-1345MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Electric, Forced Air, Wall Furnace
      Cooling
      • None
      Appliances
      • Included: Dryer, Disposal, Dishwasher, Electric Cooktop, Electric Oven, Refrigerator, Washer
      • Laundry: Accessible Utilities or Laundry, Common Area
      Features
      • Flooring: Carpet, Vinyl
      • Windows: Window Treatments, Vinyl Frames
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Electric
      Interior area
      • Total structure area: 2,738
      • Total interior livable area: 2,738 sqft
      • Finished area above ground: 2,738
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 4
      • Parking features: Driveway, Garage Door Opener, On Street
      • Garage spaces: 2
      Features
      • Levels: Tri-Level
      • Patio & porch: Deck
      • Exterior features: Private Yard
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      Lot
      • Size: 5,227 Square Feet
      • Features: Corner Lot
      Details
      • Additional structures: None
      • Parcel number: 071122CD
      • Zoning description: NP - Nelscott Plan District
      • Special conditions: Standard
      • Other equipment: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Split Level
      • Property subtype: Triplex
      Materials
      • Vinyl Siding
      • Foundation: Block, Slab
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1931

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected, Phone Available

      Community & HOA

      Community
      • Features: Street Lights
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      • Subdivision: Nelscott Beach
      HOA
      • Has HOA: No
      Location
      • Region: Lincoln City

      Financial & listing details

      • Price per square foot: $274/sqft
      • Annual tax amount: $4,972
      • Date on market: 5/18/2026
      • Listing terms: 1031 Exchange,Cash,Conventional
      • Tenant pays: Cable TV, Electricity, Internet
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,750/mo

        Price history

        DateEventPrice
        6/30/2026Price change$749,000-3.2%$274/sqft
        Source: OCMLS #26-1345 Report a problem
        6/19/2026Price change$774,000-3.1%$283/sqft
        Source: OCMLS #26-1345 Report a problem
        5/18/2026Listed for sale$799,000$292/sqft
        Source: OCMLS #26-1345 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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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        Climate risks

        Neighborhood: 97367

        Getting around

        42 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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