1025/1033 NE Avery, Newport, OR 97365

Newport
Local realty services provided by:Knipe Realty ERA Powered
1025/1033 NE Avery,Newport, OR 97365
$489,000
  • 4 Beds
  • 2 Baths
  • 1,488 sq. ft.
  • Multi-family
  • Active
Listed by: michael kessinger
Office: premiere property group, llc. (newport)
MLS#:26-1734
Source:OR_LCBR

Price summary

  • Price:$489,000
  • Price per sq. ft.:$328.63

About this home

Rare investment opportunity in the heart of Newport with desirable C-3 (Heavy Commercial) zoning! Ideally situated near shopping, dining, schools, and everyday conveniences, this duplex offers excellent income potential and future flexibility. Each unit features 2 bedrooms, 1 bathroom, and approximately 744 square feet of living space. The main level includes a comfortable living room, kitchen, and bathroom, while both bedrooms are privately located upstairs. Each unit also includes its own attached single-car garage, providing valuable storage and parking. Spacious front yards offer room to enjoy the outdoors, and beach access is just a short distance away across Highway 101. Whether you're looking to expand your investment portfolio, occupy one unit while generating rental income from the other, or capitalize on the property's commercial zoning potential, this is an opportunity worth exploring. Please do not disturb the tenants.

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Home facts

  • Year built:1964
  • Subdivision & Development:Phelps - Newport
  • Listing ID #:26-1734
  • Added:99 day(s) ago
  • Updated:September 30, 2026 at 04:10 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Laminate, Vinyl, Wood
  • Kitchen Description:Dishwasher, Refrigerator
  • Basement Description:Concrete Perimeter
  • Living area:1,488 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Baseboard

Structure and exterior

  • Year built:1964
  • Building area:1,488 sq. ft.
  • Lot area:0.11 Acres
  • Construction Materials:T1-11 Type
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$489,000
  • Price per sq. ft.:$328.63
  • Tax amount:$3,172 (2025)

Features and amenities

  • Appliances:Dishwasher, Electric Oven, Refrigerator

Parking

  • Total parking spaces:2
  • Parking description:Attached Garage
  • Garage:Yes
  • Garage spaces:2

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