Closed

$830,000

1107 Sw Coast Hwy, Newport, OR 97365

3beds

5,623sqft

MultiFamily

Built in 1928

-- sqft lot

$797,300 Zestimate^®

$148/sqft

$1,807 Estimated rent

Home value

$797,300

$670,000 - $949,000

$1,807/mo

Zestimate^® history

Owner options

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$1,807/mo

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$1,807/mo

Rent Zestimate^®

Refinance and save

$5,048/mo

Est. payment

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$5,048/mo

Est. payment

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What's special

Excellent Investment opportunity in Newport, Oregon. Currently being offered with an 8.5 percent cap rate which is very rare to be found on the Oregon Coast. Rents total over 106,000 annually. RMV - 1,043,000. In 2017/2018, seller replaced all siding, roof, windows, electrical, plumbing, gas lines and much more! Building consists of three apartments upstairs and three commercial spaces on the main level. All apartments are like new with hardwood floors, quartz countertops, SS appliances, OCEAN VIEWS and laundry hookups in each unit. Downstairs carries the same vibe with a modern flare. The largest commercial space has a new kitchen. Tankless hot water heaters service the entire building & ductless heat systems for heating/cooling. Seller is a licensed Real Estate Broker in Oregon.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 6
Full bathrooms: 3
1/2 bathrooms: 3

Cooling

Has cooling: Yes

Appliances

Included: Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater

Features

Flooring: Vinyl, Wood
Has basement: No
Has fireplace: Yes
Fireplace features: Electric

Interior area

Total structure area: 5,623
Total interior livable area: 5,623 sqft
Finished area above ground: 2,300
Finished area below ground: 0

Property

Parking

Total spaces: 22

Features

Levels: Two
Stories: 2
On waterfront: Yes

Lot

Size: 4,791 Square Feet

Details

Additional structures: None
Parcel number: 111108CC630000
Zoning description: C-1 Commercial

Construction

Type & style

Home type: MultiFamily
Architectural style: Contemporary

Materials

Concrete
Foundation: Slab
Roof: Other

Condition

New construction: No
Year built: 1928

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Water Available

Community & HOA

Community

Security: Security System
Subdivision: Bayley and Case's

HOA

Has HOA: No

Location

Region: Newport

Financial & listing details

Price per square foot: $148/sqft
Annual tax amount: $9,363
Date on market: 8/18/2025
Listing terms: 1031 Exchange,Cash
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
12/30/2025	Sold	$830,000-12.5%$148/sqft
Source: OCMLS #LC-104653 Report a problem
12/16/2025	Pending sale	$949,000$169/sqft
Source: OCMLS #LC-104653 Report a problem
10/16/2025	Contingent	$949,000$169/sqft
Source: OCMLS #25-1869 Report a problem
9/2/2025	Price change	$949,000-3.1%$169/sqft
Source: OCMLS #25-1869 Report a problem
8/18/2025	Listed for sale	$979,000+226.3%$174/sqft
Source: OCMLS #25-1869 Report a problem
11/21/2016	Sold	$300,000$53/sqft
Source: OCMLS #16-2295 Report a problem