$485,000
Newport, OR 97365
MLS# LC-104212
Status: Closed
6 beds | 4 baths | 2992 sqft
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Property Description
In the heart of Historical Nye Beach, this wonderfully located 4 plex is in walking distance to the beach, shops and restaurants. This investment property provides onsite parking, onsite coin-operated washer and dryer. two single bedroom units and two dual bedroom units with long term and reliable tenants.
Details
Maps
Status Change Information
Status Change Timestamp: 2025-10-01
Purchase Contract Date: 2025-07-22
Close Date: 2025-09-30
Close Price: 485000
Contract
Permissible for Vacation Rental: Unknown
Current Price: $485,000
Status: Closed
Begin Date: 2025-07-02
Sold Price: $485,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax & Legal
CC&R's: No
Association/Community
Senior Community YN: No
Interior
Basement YN: No
Main Floor Living: Yes
Bedrooms Total: 6
Bathrooms Total: 4
Living Area: 2992
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Sellers Terms (Other): Rehab, Specially Assessed: No
Appliances
Dishwasher: 1
Electric Oven: 1
Electric Range: 1
Refrigerator: 1
Water Heater: 1
Architectural Style
Traditional: 1
Construction Materials
Concrete: 1
Flooring
Vinyl: 1
Foundation Details
Concrete Perimeter: 1
Heating
Electric: 1
Zoned: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Road Surface Type
Paved: 1
Roof
Metal: 1
Sewer
Public Sewer: 1
Showing Considerations
Occupied: 1
Special Listing Conditions
In Foreclosure: 1
Third Party Approval: 1
Water Heater
Electric: 1
Water Source
Public: 1
Window Features
Window Treatments: 1
Unit Four
Unit Number: 4
Beds Total: 1
Baths Total: 1
Living Area: 646
Actual Rent: 1575
Unit One
Unit Number: 1
Beds Total: 2
Baths Total: 1
Living Area: 840
Actual Rent: 802
Unit Three
Unit Number: 3
Beds Total: 2
Baths Total: 1
Living Area: 800
Actual Rent: 916
Unit Two
Unit Number: 2
Beds Total: 1
Baths Total: 1
Living Area: 646
Unit Description: Vacant
Additional Tax and Location Information
Additional Subdivision Info: (Orig 11)
Highway 101: West Side
Neighborhood Code: NNNM
Property Tax ID #: R366668
Subdivision Block: S
Tax District: 104
Historical Details
Historical MLS Number: 25-1519
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Multi Family
Address
Street Number: 568
Street Direction Prefix: NW
Street Name: 3rd
Street Suffix: Street
County: Lincoln
State: OR
Postal Code: 97365
Directions: Hwy 101 to West on NW 3rd St.
Parcel Number: 111105CC-13100-00
Tax Legal
Subdivision Name: Cressy Blocks
Tax Annual Amount: 5093.19
Tax Year: 2024
Zoning: R-4 Residential
Tax Lot: 13100
Tax Map Number: 111105CC
AssociationCommunity
Number of Units: 4
Parking Information
Parking Total: 5
Building
Year Built: 1979
Lot
Lot Size Acres: 0.11
Lot Size Square Feet: 4791.6
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Water Available; Electricity Connected; Natural Gas Connected; Water Available
Appliances: Dishwasher; Electric Oven; Electric Range; Refrigerator; Water Heater
Architectural Style: Traditional
Construction Materials: Concrete
Flooring: Vinyl
Foundation Details: Concrete Perimeter
Heating: Electric; Zoned
Levels: Two
Listing Terms: Cash; Conventional
Road Surface Type: Paved
Roof: Metal
Sewer: Public Sewer
Special Listing Conditions: In Foreclosure; Third Party Approval
Water Heater: Electric
Water Source: Public
Window Features: Window Treatments
Showing Considerations: Occupied
Listing Office: Keller Williams Capital City, Oregon Coast
Office Email: tammysue@kw.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.