1025/1033 Ne Avery St, Newport, OR 97365

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

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List Price
$489,000
MLS#
26-1734
Status
PENDING
Days on Market
47
Year Built
1964
Square Ft.
1,488
Acres
0.11
Bedrooms
4
Bathrooms
2
Property Type
Residential Income
Tax Amount
$3,171
Water
Public
Garage Stalls
2

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

Roof
Composition
Foundation
Concrete Perimeter
Zoning
C-3 Highway (Heavy) Commercial
Terms
1031 Exchange, Cash, Conventional

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Calculator source: Real Geeks

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