1127 SW Abbey St, Newport, OR 97365
FOR SALE

1127 SW Abbey St
Newport, OR 97365

  • 7 Beds
  • 5 Baths
  • 4,078 sqft
  • 7 Beds
  • 5 Baths
  • 4,078 sqft

$995,000

Est. Mortgage $6,109/mo*

Local Information

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Commute Destination

Description

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 a NEW ROOF that 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. Unit A 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.

Home Highlights

Parking
5 Open Spaces
Outdoor
Deck
A/C
Contact Manager
HOA
None
Price/Sqft
$244
Listed
73 days ago

Home Details for 1127 SW Abbey St

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 5
Dimensions and Layout
Living Area: 4078 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Natural Gas Not Available
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Vinyl
Levels, Entrance, & Accessibility
Floors: Carpet, Vinyl

Exterior Features

Exterior Home Features
Roof: Composition MembranePatio / Porch: DeckFoundation: Concrete Perimeter, Other, Slab
Parking & Garage
Open Parking Spaces: 5No GarageHas Open ParkingParking Spaces: 5Parking: Open
Frontage
Frontage Type: NoneRoad Surface Type: Paved

Days on Market

Days on Market: 73

Property Information

Year Built
Year Built: 1935
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family, TriplexStructure Type: TriplexArchitecture: Triplex
Building
Has Additional Parcels
Property Information
Not Included in Sale: Washer/Dryer-TenantsParcel Number: 111108CA99001000Additional Parcels Description: 111108CA-9900-1000, there are also two platted unused streets along property lines.

Price & Status

Price
List Price: $995,000Price Per Sqft: $244
Status Change & Dates
Possession Timing: Subject To Tenant Rights, See Remarks, Rental Agreement, Close Of Escrow

Location

Direction & Address
City: NewportCommunity: Bayley and Case's

Agent Information

Listing Agent
Listing ID: 24-258

Building

Building Area
Building Area: 4078 Square Feet

HOA

No HOAHOA Fee: No HOA Fee

Lot Information

Lot Area: 4791.6 sqft

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24-258Attribution Contact: (541) 265-2200
Last check for updates: about 7 hours ago
Listing courtesy of Audra Powell, (541) 265-2200
Advantage Real Estate
Source: OCMLS, MLS#24-258
Also Listed on RMLS (OR).

Price History for 1127 SW Abbey St

DatePriceEventSource
02/15/2024$995,000Listed For SaleOCMLS #24-258

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Property Taxes and Assessment

Year2022
Tax$6,844
Assessment$658,500
Home facts updated by county records

Comparable Sales for 1127 SW Abbey St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.15
Multi-Family Home
$650,000
06/15/23
3
3
4,637
1.01
Multi-Family Home
$644,000
10/02/23
4
3
2,285
0.85
Multi-Family Home
$374,393
11/13/23
2
2
1,045
3.31
Multi-Family Home
$300,000
12/04/23
6
6
5,258

What Locals Say about Newport

  • Crc715p
    "Beware of strangers trying to pick up young kids as they walk to school. Vagrants and homeless abound. Fairly new threat to the community. Other than that it’s okay to live here. Nice beaches and a couple of nice parks."
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  • Ldr
    "We live in the Beautiful Pacific Shores RV Resort. It is a beautiful setting overlooking the ocean. comfortable here"
    7
    Flag
  • Mgrace4
    "Easy to get where you want to go on side streets. 101 is easy to navigate if you stay with the lights."
    0
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  • Dave B.
    "We visit annually, it’s a great place to visit. Good beach access, excellent restaurants, and a nice waterfront area."
    3
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  • Cancersurvivor5102013
    "The view is nice certain months of the year. The Winter is difficult with high winds and rain. The Summer is great time for view of the Bay."
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  • Davidcdaniels9
    "I’ve lived here for six years and love it. Great walking. Above the tsunami zone. People who leave do so because of weather, but no snow and nearly constant temperatures are all I need. "
    14
    Flag
  • Hannah P.
    "Many families in the area. Schools are good, teachers are GREAT! You get to know the people in the community very well in a short time. "
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  • Kelly L.
    "It’s all people who love rv travel and enjoy the lifestyle. We live in a motorcoach resort in Newport. It is beautiful and well manicured. People are friendly and look out for one another. We live on the outskirts of Newport so we are close but not in town. This is a owner site rv resort."
    3
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  • Juannabeme
    "🌊The Ocean... Could there be anything better? Or more? I can’t say much about “events” on calendar. What I can guarantee is everyday, everyone is invited to the ocean here. The beaches along this specific part of Oregon’s coast line cannot be missed! I feel like I’m at The greatest event every time I step foot on the sand. Every beach is even more amazing, more spectacular than the last!! It’s no specific time, no date- in fact you don’t even need a “date” solo will be just fine. Idk this time I’ve had with the ocean has impacted my life and I hope it does for anyone who comes this way 🧜‍♀️"
    6
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  • Eric H.
    "While the pace is a little slower, there is plenty to do here, from endless outdoor activities, to community involvement, and the usual shopping and restaurants."
    2
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  • Donna A.
    "We've lived here two years . Beautiful views of bay and bridge. Close to sweet little shops restaurants, famous places. People so laid back and friendly, helpful. Close to ocean if you want to go to the beach everyday. We're retired here, who could ask for more!!!"
    5
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  • soozpo
    "This place is awesome. Go to the movies go to Starbucks, take a hike, enjoy the waterfalls, the Lighthouses and beautiful ocean and beaches."
    0
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LGBTQ Local Legal Protections

Audra Powell, Advantage Real Estate
The content relating to real estate for sale on this web site comes in part from the IDX program of the Oregon Coast Multiple Listing Service (OCMLS). Listing content is copyrighted. Listing data provided is AS IS. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Real estate listings held by member brokerage firms, other than Zillow, Inc., of the OCMLS are marked with the OCMLS logo. Detailed information about these properties includes the names of the member listing brokers and brokerage firms. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Non-members should contact the listing broker directly for compensation information.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1127 SW Abbey St, Newport, OR 97365 is a 7 bedroom, 5 bathroom, 4,078 sqft multi-family built in 1935. This property is currently available for sale and was listed by OCMLS on Feb 15, 2024. The MLS # for this home is MLS# 24-258.