$860,000
Newport, OR 97365
MLS# LC-92738
Status: Closed
12 beds | 6 baths | 5144 sqft
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Property Description
Rare opportunity to own your own Ocean View 6 plex in the Nye Beach overlay. Views of the ocean from most of the decks. Close to Local Restaurants in Nye beach and walking distance for a stroll on the beach. Don't miss this opportunity to own an Investment Property in the charming Nye Beach Overlay. Please do not disturb tenants.
Details
Maps
Status Change Information
Status Change Timestamp: 2021-10-08
Purchase Contract Date: 2021-09-16
Close Date: 2021-10-08
Close Price: 860000
Tax & Legal
CC&R's: Yes
Interior
Basement YN: No
Bedrooms Total: 12
Bathrooms Total: 6
Living Area: 5144
Lot
View YN: Yes
Lot Size Acres: 0.19
Lot Size Square Feet: 8276.4
Utilities
Electricity Connected: 1
Natural Gas Not Available: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Rental Agreement: Rental Agreement
Appliances
Dishwasher: 1
Electric Oven: 1
Electric Range: 1
Refrigerator: 1
Water Heater: 1
Architectural Style
Traditional: 1
Construction Materials
Concrete: 1
Flooring
Carpet: 1
Vinyl: 1
Foundation Details
Combination: 1
Heating
Baseboard: 1
Levels
Two: 1
Listing Terms
1031 Exchange: 1
Cash: 1
USDA Loan: 1
Outdoor Living Spaces Features
Deck: 1
Possession
Negotiable: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Water Body Type
Ocean: 1
Water Heater
Electric: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 59365
Unit Five
Unit Number: 655/A/F
Beds Total: 2
Baths Total: 1
Unit Four
Unit Number: 655/A/E
Beds Total: 2
Baths Total: 1
Parking Spaces: 1
Unit One
Unit Number: 655/A//B
Beds Total: 2
Baths Total: 1
Parking Spaces: 1
Unit Six
Unit Number: 655/AA
Beds Total: 2
Baths Total: 1
Parking Spaces: 1
Unit Three
Unit Number: 655/A/D
Beds Total: 2
Baths Total: 1
Parking Spaces: 1
Unit Two
Unit Number: 655/A/C
Beds Total: 2
Baths Total: 1
Parking Spaces: 1
Additional Tax and Location Information
Highway 101: West Side
Neighborhood Code: NNM5
Property Tax ID #: R347816
Subdivision Block: 1
Subdivision Parcel/Lot: lot 13 and 14
Tax District: 104
Showing Requirements
24 Hour Notice: 1
Historical Details
Historical MLS Number: 21-227
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Address
Street Number: 525
Street Direction Prefix: NW
Street Name: High
Street Suffix: Street
County: Lincoln
State: OR
Postal Code: 97365
Directions: highway 101 west on NW 6th street. Make left to property on right
Cross Street: 6th street
Parcel Number: 111105CC-12300-00
Contract
Current Price: $860,000
Status: Closed
Begin Date: 2021-02-04
Sold Price: $860,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Cressy Blocks
Tax Annual Amount: 8213.99
Tax Year: 2020
Zoning: R-4 Residential
Tax Lot: 12300
Tax Map Number: 111105CC
AssociationCommunity
Number of Units: 6
Parking Information
Garage Spaces: 6
Carport YN: 1
Parking Total: 6
Building
Year Built: 1978
Property Features
Utilities: Electricity Connected; Natural Gas Not Available; Water Available; Electricity Connected; Natural Gas Not Available; Water Available
Appliances: Dishwasher; Electric Oven; Electric Range; Refrigerator; Water Heater
Architectural Style: Traditional
Construction Materials: Concrete
Flooring: Carpet; Vinyl
Foundation Details: Combination
Heating: Baseboard
Levels: Two
Listing Terms: 1031 Exchange; Cash; USDA Loan
Outdoor Living Spaces Features: Deck
Possession: Negotiable
Road Surface Type: Paved
Roof: Composition
Sewer: Public Sewer
Water Body Type: Ocean
Water Heater: Electric
Water Source: Public
Showing Considerations: Occupied
Showing Requirements: 24 Hour Notice
Listing Office: Ocean Equity Real Estate & Investments, LLC
Office Phone: 541-265-8303
Office Email: team@oceanequity.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.