2223 SW Coast Ave, Lincoln City, OR 97367 - Photo 1

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$1,229,000 Sale Pending

For Sale
Pending
Multi-Family

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Property Description

High income property! MTR running over 80% occupancy! Rare opportunity to own a fully updated furnished duplex with deeded beach access/private stairs to 7 miles of pristine Oregon coastline. Both units are move-in ready & feature new siding, exterior paint, luxury vinyl flooring, high-efficiency furnaces, updated electrical & panels, washer/dryer sets & fully equipped kitchens. Spacious layouts: one side 3BR, the other 4BR-perfect for families, retreats, or 30+ day furnished rentals. Oceanfront patio w/hot tub offers front-row sunsets & whale watching. Strong demand for mid-term rentals (MTR), corporate housing & travel nurse stays makes this an exceptional investment opportunity. Whether as a coastal getaway, multigenerational retreat, or cash-flowing furnished rental, this property delivers luxury, flexibility & proven income potential.

Full Property Details

Full Property Details for 2223 SW Coast Ave

General

Price: $1,229,000
Taxes: $11,291 (2024)
Status: Pending
Type: Multi-Family
Source: RWMLS
MLS ID: 523323330
Updated: 12/29/2025
Added to Site: 208 day(s) ago

Rental Information

Rent Includes: None

Parking

Parking Features: Driveway

Location

County: Lincoln
Driving Directions: Hwy 101 to SW 29th, West on 29th and North on SW Coast Ave

School Information

Elementary School: Oceanlake
Middle School: Taft
High School: Taft

Community

Community Name: 200 - Lincoln County

Heating & Cooling

Heating Type: Forced Air
Heating Fuel: Gas

Utilities

Sewer: Public Sewer
Water: Public Water

Structural Information

Property Detached: Yes
Basement Desc.: Daylight
Roof: Composition
Stories/Levels: 3
Square Feet: 3,348
Year Built: 2001

Lot Features

Lot Size (Acres): 0.36
Lot Size (Sq. Ft.): 15,681
Lot Size: 15, 000 to 19, 999 SqFt
Frontage: Paved

Water Features

Water Front: Yes
Water Front Desc.: Ocean Front

Financial Considerations

Tax Amount: $11,291.34
Tax Year: 2024
Terms: Cash, Conventional

Disclosures and Reports

Legal Description: PROPERTY ID R398959 P.P. 1999-23, PARCEL 3, ACRES 0.36, DOC202402
Property ID: R398959

Listed by Keller Williams Capital City (503) 798-4001, Colleen Benson (503) 830-9467

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Listing agent

— 2223 SW Coast Ave —

Colleen Benson

Keller Williams Capital City

503-798-4001

503-830-9467

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Schools

Schools serving 2223 SW Coast Ave

School District:Lincoln County School District

Name	Grades	Distance
Taft Elementary School 4040 Southeast High School Drive, Lincoln City, OR 97367	3-6	1.2 mi
Oceanlake Elementary School 2420 Northeast 22nd Street, Lincoln City, OR 97367	K-2	2.2 mi
Taft High School 3780 Southeast Spy Glass Ridge Drive, Lincoln City, OR 97367	7-12	1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2223 SW Coast Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/03/2025

Price Reduced

$1,229,000

-1.6%

MLS

11/13/2025

Price Reduced

$1,249,000

-3.85%

MLS

9/05/2025

Price Reduced

$1,299,000

-6.88%

MLS

8/06/2025

Price Reduced

$1,395,000

-3.46%

MLS

8/04/2025

Price Reduced

$1,445,000

-3.34%

MLS

7/11/2025

Listed

$1,495,000

21.08%

MLS

4/15/2024

Sold

$1,234,700

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 2223 SW Coast Ave

Year

Property Taxes

Change

Tax Assessment

Change

2025

$11,468

$682,160

2024

$11,291

$662,300

2023

$10,980

$643,010

2021

$10,168

-5%

$606,110

-3%

2022

$10,674

$624,290

2021

$10,168

$588,460

2019

$9,595

$571,330

2018

$9,380

$554,690

2017

$8,977

$538,540

2016

$8,299

—

$522,860

2015

$8,304

$512,130

2014

$8,093

$497,220

2013

$7,828

—

$482,740

—

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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 2223 SW Coast Ave

2223 SW Coast Ave, Lincoln City, OR 97367 (MLS# 523323330) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 2223 SW Coast Ave is currently listed for $1,229,000 and was received on July 11, 2025. Want to learn more about 2223 SW Coast Ave? Do you have questions about finding other Multi-Family real estate for sale in Lincoln City? You can browse all Lincoln City real estate or contact a Coldwell Banker agent to request more information.

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2223 SW Coast Ave Lincoln City, OR 97367