4283 Yaquina Bay, Newport, OR 97365

Local realty services provided by:Knipe Realty ERA Powered
4283 Yaquina Bay,Newport, OR 97365
$775,000
  • 13 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: doretta l smith
Office: martek real estate
MLS#:LC-104372
Source:OR_LCBR

Price summary

  • Price:$775,000

About this home

Multi-Unit Investment Opportunity with Yaquina River Views - 3.86 Acres Just Outside Newport. Solid income potential meets practical infrastructure on this multi-property parcel. With Yaquina River views, two wells, and three septic systems already in place, this property is ready for an investor looking to generate consistent rental income with room for growth. The setup includes: two detached stick-built homes, each 2 bedrooms and 1 bathroom-one with an attached garage, plus a 4-unit building with river views, complete with two garages and two carports for tenant parking. The land offers a mix of forest, open grassy areas, and a year-round creek, creating a private, peaceful setting that appeals to long-term tenants and potential short-term renters alike. Plenty of flexibility here-live in one unit and rent out the others, or operate the entire property as a fully leased investment portfolio. With multiple dwellings, essential systems already in place, and demand for rentals in the

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1964
  • Listing ID #:LC-104372
  • Added:154 day(s) ago
  • Updated:December 23, 2025 at 03:53 PM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:6

Heating and cooling

  • Heating:Baseboard, Electric, Wall Furnace, Zoned

Structure and exterior

  • Year built:1964
  • Lot area:3.86 Acres

Utilities

  • Water:Shared Well, Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$775,000