3979 3989 NE Johns Avenue 3999 AVE

Neotsu, 97364

  • 9 Bed

  • 6 Bath

  • 4497 SqFt

  • 7 DOM

  • Built: 1997

  • Status: Active

$997,000

Price cut: $60K (08-26-2025)

X

3979 3989 NE Johns Avenue 3999 AVE

Neotsu 97364

Open Fri, Sep 5th, 12PM to 3PM

$997000

Price cut: $60K (08-26-2025)

  • 9 Bed

  • 6 Bath

  • 4497 SqFt

  • 7 DOM

  • Built: 1997

  • Status: Active

    Open House

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Income-Producing Triplex with Seasonal Lake Views in Desirable Neotsu. Excellent investment opportunity in the peaceful lakeside community of Neotsu, just minutes from Lincoln City and the Oregon Coast. This well-maintained tri-plex offers three spacious units, each with 3 bedrooms, 2 bathrooms, and approximately 1,499 square feet of bright, open living space. Features include driftwood-style luxury vinyl plank flooring, attached oversized single garages, and private decks with seasonal views of Devil's Lake. Two units have strong long-term rental histories. The third unit has been fully remodeled and is currently rented as a mid-range furnished unit—furnishings are negotiable. Recent exterior improvements include fresh paint and stained decks, ensuring low maintenance for years to come.Neotsu is known for its warmer microclimate and easy access to outdoor recreation. Residents enjoy birdwatching, kayaking, fishing, and paddleboarding on Devil's Lake, along with hiking and picnicking at nearby Regatta Park. Just minutes away, Lincoln City offers beachcombing, tide pooling, surfing, and whale watching, plus shopping at the Lincoln City Outlets, dining, art galleries, golf, and the Chinook Winds Casino Resort. Whether you're seeking a full investment property or a chance to live in one unit while leasing the others, this triplex offers both income potential and lifestyle appeal in a high-demand coastal market. Please do not disturb tenants. Showings available only with an accepted offer. Seller-carried financing may be considered.

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Residence Information

  • 4497

  • 9

  • 6

  • Composition

  • 3,

  • 3

  • 1997

  • No

  • Cedar, LapSiding

  • ConcretePerimeter

Features and Utilities

  • Gas

  • Zoned

  • PublicSewer

  • Gas

  • Electricity

Financial

  • 9826.56

  • Electricity,Heat,None,Sewer,Water

  • Cash,Conventional

  • 08-19-2025

  • No

  • No

Comparable Information

  • 7

  • 9

  • Cash,Conventional

  • $1,057,000

  • $997,000

  • Aug 26, 2025 09:10

Schools

Elementary : Oceanlake N/A Ratings
Middle : Taft N/A Ratings
High : Taft N/A Ratings

Map

Listing courtesy of Coldwell Banker Professional.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Aug 28, 2025 00:48 | Listing last modified Aug 26, 2025 09:10. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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