$650,000
Newport, OR 97365
MLS# LC-96812
Status: Closed
6 beds | 6 baths | 4065 sqft
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Property Description
6 Units - (4) 1 bed / 1 bath units, (1) 2 bed / 1 bath unit and (1) studio. Property has been well maintained. Plenty of rent upside. Located just blocks from Highway 101 with easy access to numerous amenities including shopping, restaurants and Oregon Coast attractions. Close proximity to Yaquina Bay Waterfront. Please do not disturb any of the residents. Submit offer to purchase subject to property inspection.
Details
Maps
Status Change Information
Status Change Timestamp: 2023-06-15
Price Change Timestamp: 2023-06-15T17:05:39Z
Purchase Contract Date: 2023-05-16
Close Date: 2023-06-09
Close Price: 650000
Contract
Permissible for Vacation Rental: Unknown
Current Price: $650,000
Status: Closed
Begin Date: 2022-07-08
Sold Price: $650,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: No
Interior
Basement YN: Yes
Main Floor Living: Yes
Bedrooms Total: 6
Bathrooms Total: 6
Living Area: 4065
Utilities
Electricity Connected: 1
Natural Gas Not Available: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Specially Assessed: No
Architectural Style
Traditional: 1
Construction Materials
Other: 1
Foundation Details
Slab: 1
Heating
Other: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Other Structures
None: 1
Possession
Close Of Escrow: 1
Road Surface Type
Gravel: 1
Roof
Other: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Unit Five
Unit Number: 1
Beds Total: 1
Baths Total: 1
Unit Four
Unit Number: 1
Beds Total: 1
Baths Total: 1
Unit One
Unit Number: 1
Baths Total: 1
Unit Six
Unit Number: 1
Beds Total: 2
Baths Total: 1
Unit Three
Unit Number: 1
Beds Total: 1
Baths Total: 1
Unit Two
Unit Number: 1
Beds Total: 1
Baths Total: 1
Additional Tax and Location Information
Highway 101: West Side
Neighborhood Code: N415
Property Tax ID #: R531268
Subdivision Block: 37
Subdivision Parcel/Lot: 12
Tax District: 115
Showing Requirements
Call Listing Office: 1
Historical Details
Historical MLS Number: 22-1441
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Address
Street Number: 1007
Street Direction Prefix: SW
Street Name: Alder
Street Suffix: Street
County: Lincoln
State: OR
Postal Code: 97365
Directions: Highway 101 to SW Alder. East on Alder and North on 10th. Property is on the corner
Cross Street: 10th
Parcel Number: 111108BD-16603-00
Tax Legal
Subdivision Name: Bayley and Case's
Tax Annual Amount: 3206.25
Tax Year: 21
Zoning: C-1 Commercial
Tax Lot: 16603
Tax Map Number: 111108BD
AssociationCommunity
Number of Units: 6
Building
Year Built: 1900
Lot
Lot Size Acres: 0.13
Lot Size Square Feet: 5662.8
Property Features
Utilities: Electricity Connected; Natural Gas Not Available; Water Available; Electricity Connected; Natural Gas Not Available; Water Available
Architectural Style: Traditional
Construction Materials: Other
Foundation Details: Slab
Heating: Other
Levels: Two
Listing Terms: Cash; Conventional
Other Structures: None
Possession: Close Of Escrow
Road Surface Type: Gravel
Roof: Other
Sewer: Public Sewer
Water Source: Public
Showing Requirements: Call Listing Office
Listing Office: SMI Real Estate
Office Email: gabe@smire.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.