1025/1033 Ne Avery St, Newport, OR 97365

Listing Courtesy of Premiere Property Group, LLC (Newport).

$489,000
4
BD
2
BA
1,488
SqFt

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List Price
$489,000
Status
ACTIVE
Days on Market
10
MLS#
26-1734
Subtype
Residential Income
Style
Other
Year Built
1964
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,488
Lot Size
4,791
Acres
0.11
Subdivision
Phelps - Newport

Property Description

Rare investment opportunity in the heart of Newport with desirable C-3 (Heavy Commercial) zoning! Ideally situated near shopping, dining, schools, and everyday conveniences, this duplex offers excellent income potential and future flexibility. Each unit features 2 bedrooms, 1 bathroom, and approximately 744 square feet of living space. The main level includes a comfortable living room, kitchen, and bathroom, while both bedrooms are privately located upstairs. Each unit also includes its own attached single-car garage, providing valuable storage and parking. Spacious front yards offer room to enjoy the outdoors, and beach access is just a short distance away across Highway 101. Whether you're looking to expand your investment portfolio, occupy one unit while generating rental income from the other, or capitalize on the property's commercial zoning potential, this is an opportunity worth exploring. Please do not disturb the tenants.

Additional Information

Taxes
$3,171
Property Description
Other
Zoning
C-3 Highway (Heavy) Commercial
Flooring
Laminate, Vinyl, Wood
Appliances
Dishwasher, Electric Oven, Refrigerator
Heating
Baseboard
Air Conditioning
Central Air
Levels
Two
Roof
Composition
Foundation
Concrete Perimeter
Parking Features
Attached
Garage Spaces
2
School District
Lincoln County School District

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Calculator source: Real Geeks