Address
1025/1033 Ne Avery Street, Newport, OR
Price
$ 489,000
Property Attributes
- MLS#261734
- TypeSingle Family
- Listing Status Active
- CountyLINCOLN
- CityNewport
- NeighborhoodPhelps - Newport
- Zip97365
- Style
- Year Built1964
- Taxes$ 3171
- Price$ 489,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1488
- Lot Size0.11 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
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.
| Price History | |
|---|---|
| 6/22/2026 | Listed $489,000 |
General Features
| Heating | Baseboard |
|---|---|
| Cooling | Central Air |
| Utilities | Electricity Connected,Separate Meters,Sewer Connected,Water Connected |
| Possession | Negotiable |
| Roof | Composition |
| Appliances | Dishwasher,Electric Oven,Refrigerator |
| Zoning | C-3 Highway (Heavy) Commercial |
| Garage Spaces | 2.0 |
| Architectural Style | Other |
| Year Built | 1964 |
| Tenant Pays | Electricity |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| OwnerPays | Water |
| County | Lincoln |
| Property Type | Residential Income |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Phelps - Newport |
| Garage Y/N | Yes |
| Status | Active |
| Directions | From Highway 101 turn east onto NE 10th street,north onto Avery street. Duplex is on the left. |
| City | Newport |
| Senior Community Y/N | No |
| High School District | Lincoln County School District |
| Number Of Units Total | 2 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 4791.6 |
| Carport Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 3171.76 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Year Built Source | Public Records |
Interior Features
| Flooring | Laminate,Vinyl,Wood |
|---|---|
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1488.0 |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 0.0 |
| Total Baths | 2 |
Exterior Features
| Parking Features | Attached Garage |
|---|---|
| Water Source | Public |
| Total Parking | 2.0 |
| Lot Size Area | 0.11 |
| Foundation Details | Concrete Perimeter |
| Spa | No |
| Building Area Total | 1488.0 |
| Lot Size Acres | 0.11 |
| Road Surface Type | Paved |
| Number of Separate Water Meters | 2 |
| Number of Separate Electric Meters | 2 |
| Road Frontage Type | City Street |
| Crops Included Y/N | No |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 97365
Price
Taxes
Year Built
Visits
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