Clean, inviting, and full of charm, this well-maintained 3-bedroom, 1-bath home offers comfortable single-level living in a convenient Newport location. The bright living room features a fireplace with a recently cleaned chimney, while fresh interior paint and newer windows bring a light, refreshed feel throughout. The galley kitchen includes a new stove, dishwasher, and microwave, and the home offers an impressive amount of storage. One bedroom features a plumbed vanity, a wonderfully useful addition with potential for future bathroom conversion, subject to necessary approvals. Major improvements include a new roof in 2024, windows installed in 2019, bathroom remodel that includes a walk-in shower in 2025, and a ductless heating system added in 2017 with yearly maintenance. Outside, enjoy a beautiful yard with colorful gardens, rock-edged flower beds, and a covered back patio. An electrically equipped shed with a new roof in 2024, an additional covered storage area, and an attached one-car garage provide plenty of room for tools, hobbies, and outdoor gear. Close to schools, shopping, the beach, and Newport's historic bayfront, this lovely home is a wonderful option for a first-time buyer or anyone looking to downsize. On-site cameras record audio and video.
Active
$425,000
322 NE 5th St, Newport, OR 97365
3beds
973sqft
Single Family Residence
Built in 1959
5,227 Square Feet Lot
$409,900 Zestimate®
$437/sqft
$-- HOA
What's special
Covered storage areaComfortable single-level livingFresh interior paintElectrically equipped shedImpressive amount of storageCovered back patioNew stove
- 5 days
- 534
- 21
Zillow last checked:
Listing updated:
Listed by:
Shelly Heim (541)265-2200,
Advantage Real Estate
Source: OCMLS,MLS#: 26-2438
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Baseboard, Ductless
Cooling
- Ductless
Appliances
- Included: Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater
- Laundry: Main Level
Features
- Windows: Double Pane Windows
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 973
- Total interior livable area: 973 sqft
- Finished area above ground: 973
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered Porch
- Exterior features: Private Yard, Storage
- Fencing: Wood
Lot
- Size: 5,227 Square Feet
- Features: City Lot, Garden, Level
Details
- Additional structures: Shed(s)
- Parcel number: 111105DC850000
- Zoning description: R-3 Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Cedar, Lap Siding, T1-11 Type
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected
Community & HOA
Community
- Features: Curbs, Sidewalks
- Subdivision: Phelps - Newport
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $437/sqft
- Tax assessed value: $330,280
- Annual tax amount: $3,455
- Date on market: 9/5/2026
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
$409,900
$389,000 - $430,000
$2,300/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2026 | Listed for sale | $425,000+585.5%$437/sqft |
Source:  OCMLS #26-2438 Report a problem | ||
| 6/25/1990 | Sold | $62,000$64/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,423 +2.1% | $197,240 +3% |
| 2024 | $3,352 +2.4% | $191,500 +3% |
| 2023 | $3,273 +3.2% | $185,930 +3% |
| 2022 | $3,172 -1.3% | $180,520 +3% |
| 2021 | $3,214 +5.6% | $175,270 +3% |
| 2020 | $3,044 | $170,170 +3% |
| 2019 | -- | $165,220 +3% |
| 2018 | $2,911 | $160,410 +3% |
| 2017 | $2,911 +3.1% | $155,740 +3% |
| 2016 | $2,824 | $151,210 +3% |
| 2015 | $2,824 +10.3% | $146,810 +3% |
| 2014 | $2,559 | $142,540 +2.2% |
| 2013 | $2,559 +9% | $139,500 +3% |
| 2012 | $2,348 +3.2% | $135,440 +3% |
| 2011 | $2,277 +2.6% | $131,500 |
| 2010 | $2,218 +3.1% | $131,500 +6.1% |
| 2009 | $2,151 +1.7% | $123,960 |
| 2008 | $2,115 +3.5% | $123,960 +3% |
| 2007 | $2,043 | $120,350 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 97365
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