NW 22nd St #TL5500, Lincoln City, OR 97367

Lincoln City
Local realty services provided by:Knipe Realty ERA Powered
NW 22nd St #TL5500,Lincolncity, OR 97367
$99,500
  • 0.22 Acres
  • Lots / Land
  • Active
Listed by: vanessa corder
Office: realty one group at the beach503-881-2313
MLS#:281988644
Source:PORTLAND

Price summary

  • Price:$99,500

About this home

Site-plan approved 4-plex lot — seller financing available, utilities connected.This 0.22-acre parcel in Lincoln City's Ocean Lake neighborhood is zoned R-M and approved for a 4-plex — a rare shovel-ready position on the central Oregon Coast. Comparable 2-bedroom units in the area rent for $1,800–$2,100/month, putting a fully leased build in the range of roughly $7,200–$8,400/month in gross rental income. (Buyer to verify rents and finalize unit mix.)The groundwork is already done: electricity, public water, and public sewer are connected at the site, and it fronts a paved city street with curbs and sidewalks in place — so you head toward permits instead of burning months and thousands on utility runs.Seller financing available with owner terms — a major advantage on land, where bank financing is hard to come by. Add low carrying costs (just $1,147 in taxes last year), no HOA, no CC&Rs, and no land lease, and the path to breaking ground is clean.Minutes from Highway 101 and the...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:281988644
  • Added:167 day(s) ago
  • Updated:July 02, 2026 at 11:27 AM

Structure and exterior

  • Lot area:0.22 Acres

Schools

  • High school:Taft
  • Middle school:Taft
  • Elementary school:Oceanlake

Finances and disclosures

  • Price:$99,500
  • Tax amount:$1,165 (2025)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Knipe Realty ERA Powered are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: July 2, 2026

New listings near NW 22nd St #TL5500