4283 Yaquina Bay Road, Newport, OR 97365

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4283 Yaquina Bay Road,Newport, OR 97365
$775,000
  • 13 Beds
  • 6 Baths
  • 5,022 sq. ft.
  • Multi-family
  • Active
Listed by:casey o'callaghan
Office:martek real estate
MLS#:25-1659
Source:OR_LCBR

Price summary

  • Price:$775,000
  • Price per sq. ft.:$154.32

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.

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Home facts

  • Year built:1964
  • Listing ID #:25-1659
  • Added:65 day(s) ago
  • Updated:July 29, 2025 at 04:49 AM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:5,022 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Wall Furnace - Elect, Zone - Elect

Structure and exterior

  • Roof:Composition, Metal
  • Year built:1964
  • Building area:5,022 sq. ft.
  • Lot area:3.86 Acres

Utilities

  • Water:Shared Well, Well
  • Sewer:Septic

Finances and disclosures

  • Price:$775,000
  • Price per sq. ft.:$154.32
  • Tax amount:$8,222