1025/1033 Ne Avery St, Newport, OR 97365
- $489,000
- 4
- BD
- 2
- BA
- 1,488
- SqFt
- List Price
- $489,000
- Days on Market
- 10
- MLS#
- 26-1734
- Property Type
- Multifamily
- Bedrooms
- 4
- Bathrooms
- 2
- Sqft. of Residence
- 1,488
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.
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Additional Information
- Year Built
- 1964
- Garage Spaces
- 2
- Acres
- 0.11
- Living Area
- 1,488
- Subdivision
- Phelps - Newport
- Property Type
- Residential Income
- Terms
- 1031 Exchange, Cash, Conventional
- Style
- Other
- Utilities
- Electricity Available, Sewer Connected, Water Available, Separate Meters
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Listing courtesy of Premiere Property Group, LLC (Newport).