$645,000
Newport, OR 97365
MLS# LC-88562
Status: Closed
5 beds | 7 baths | 3316 sqft

1 / 53
Property Description
Custom built, one owner, triplex with a great view of the ocean and Yaquina Head Lighthouse. Close to the beach, bayfront and in town shopping. Shingle style design with craftsman moldings and finishes. ''7th Street'' units each have two bedroom + den, 2.5 baths, gas furnace, gas fireplace and garage with large overhead storage area. Neff Way unit is 1 bedroom and 1 bath with tile counters and floors, new appliances along with a private access. Mostly new appliances and window coverings. Extremely well loved and maintained. Built by Mike Clark and designed by Paul Oltman who are known for their excellent work. Live or vacation in one and have rental income from the other two. Check with the City regarding nightly rental. Area information below.....
Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2019-10-01
Purchase Contract Date: 2019-08-03
Close Date: 2019-09-30
Close Price: 645000
Interior
Basement YN: No
Fireplace YN: Yes
Living Area Source: Assessor
Bedrooms Total: 5
Bathrooms Total: 7
Living Area: 3316
Building
Year Built Details: 2004 Remodel
Year Built: 1979
Lot
Lot Size Dimensions: IRR
View YN: Yes
Lot Size Acres: 0.25
Lot Size Square Feet: 10890
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Remarks
Lincoln Public Historical Details: Water: City Property, Sellers Terms: Free and Clear, Possession: negotiable, Sq Ft Remarks: 3 units, Inclusions: Appliances
Appliances
Dishwasher: 1
Refrigerator: 1
Architectural Style
Contemporary: 1
Building and Property Details
Exterior Color: Natural Shingle
Construction Materials
Shake Siding: 1
Shingle Siding: 1
Fireplace Features
Gas: 1
Flooring
Carpet: 1
Tile: 1
Foundation Details
Concrete Perimeter: 1
Heating
Electric: 1
Natural Gas: 1
Forced Air: 1
Interior Features
Vaulted Ceiling(s): 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
Lock Box Information
Lock Box Location: 518 railing by entry
Other Structures
None: 1
Parking Features
Attached Garage: 1
Road Surface Type
Gravel: 1
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Water Body Type
Ocean: 1
Window Features
Window Treatments: 1
Unit One
Unit Number: 514
Beds Total: 2
Baths Total: 2
Living Area: 1280
Unit Description: Asking $1650 mo., Parking: garage
Unit Three
Unit Number: 617
Beds Total: 1
Baths Total: 1
Living Area: 640
Unit Description: Asking $1200 mo., Parking: driveway
Unit Two
Unit Number: 518
Beds Total: 2
Baths Total: 2
Living Area: 1396
Unit Description: Owner occupied, Parking: garage
Additional Tax and Location Information
Highway 101: West Side
Property Tax ID #: R531693
Subdivision Block: 60
Subdivision Parcel/Lot: 2,3,4, and ptn of 9
Subdivision Phase/Addition: 2
Tax District: 104
Showing Requirements
Appointment Only: 1
Lockbox: 1
Historical Details
Historical MLS Number: 19-1783
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Address
Street Number: 514-518
Street Direction Prefix: SW
Street Name: 7th Street
Unit Number: +617 SW Neff Way
County: Lincoln
State: OR
Postal Code: 97365
Directions: Upper units 514/518: Hwy 101 West on SW Alder. Left on SW 7th at end. Lower unit 617: Hwy 101 West on Neff Way driveway on right.
Parcel Number: 111108BD-20500-00
Contract
Current Price: $645,000
Status: Closed
Begin Date: 2019-07-09
Sold Price: $645,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Bayley and Case's
Tax Annual Amount: 5445.84
Tax Year: 2018
Zoning: R-3 Residential
Tax Lot: 20500
Tax Map Number: 111108BD
AssociationCommunity
Number of Units: 3
Parking Information
Garage YN: 1
Garage Spaces: 2
Parking Total: 6
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Electricity Connected; Natural Gas Connected
Appliances: Dishwasher; Refrigerator
Architectural Style: Contemporary
Construction Materials: Shake Siding; Shingle Siding
Fireplace Features: Gas
Flooring: Carpet; Tile
Foundation Details: Concrete Perimeter
Heating: Electric; Natural Gas; Forced Air
Interior Features: Vaulted Ceiling(s)
Levels: Two
Listing Terms: 1031 Exchange; Cash; Conventional
Other Structures: None
Parking Features: Attached Garage
Road Surface Type: Gravel; Paved
Roof: Composition
Sewer: Public Sewer
Water Body Type: Ocean
Window Features: Window Treatments
Showing Considerations: Occupied
Showing Requirements: Appointment Only; Lockbox
Supplements
Area Attractions with Links:
Yaquina Head Outstanding Natural Area - 100 acre site. Explore the tide pools, and cobble beach, take a tour of Oregon's tallest lighthouse, visit the Interpretive Center or walk the many trails. Peregrine falcons and thousands of seabirds raise their young at Yaquina Head. Chicks are often visible from late spring through mid-summer. Whales may be seen year-round.
https://www.blm.gov/learn/interpretive-centers/yaquina
Agate Beach Golf Course
http://agatebeachgolf.net/
Yaquina Bay State Recreation Site with Lighthouse and beach walks.
https://oregonstateparks.org/index.cfm?do=parkPage.dsp_parkPage&parkId=148
Oregon State University Hatfield Marine Science Center Visitor Center
https://seagrant.oregonstate.edu/visitor-center
Oregon Coast Aquarium
https://aquarium.org/
Discover Newport
http://discovernewport.com
Listing Office: Advantage Real Estate

Office Email: info@advantagerealestate.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.
Broker Attribution:
(541) 265-2200

Aerial Plat Map