Home For Sale In Newport, Oregon

house for sale

Listed: 03/25/24

1127 Sw Abbey St, Newport, Oregon, 97365

7 Bed:

5 Bath:

4,078 Sq Ft Living Area:

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Price

$ 995,000

Show 6 more

About This House

Wonderful opportunity to own a home and three rentals in Newport with a remarkable hilltop location. This 7 bedroom, 5 Bath property is sited above Newports Hospital and the Newport Bayfront, with Panoramic views extending over the bay, bridge and ocean. There are 4 Occupied units with good tenants providing Excellent income and low expenses, and great rental history. This Property is Well maintained with aNEW ROOFthat is composition on the main house and membrane over the apartments in 2023. Very functional with 5 parking spaces, garbage area, laundry room. See photos for layout. UnitA 3/2,Unit B(Ground floor) 1/1 plus den. Unit C 2 bed/1 bath, Unit D Studio. No showings without an accepted offer. Buyer to assume all tenants at close of escrow. Call for more details.

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Houses for sale in Newport

Original listing

Nye Beach Housing & Living

Household Income

Median household income: $39,870

Number of households: 4,520

The average household income in Newport, OR grew from $38,531 to $39,870 in the past year. This data is an estimate based upon 4,520 households in Newport, OR.
The chart below presents how household income is distributed in Newport, OR in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Newport, OR compared to median property taxes around the country. The prevalent amount of property taxes in Newport, OR equals $3k+ , which is more than the national average.