Listing provided courtesy of Cascade Hasson Sotheby's International Realty- MLS# 578149621
Images
Request Info563/565 SW 4TH STNewport, OR 97365
Multi-Family · 2,630 Sq. ft. | 0.11 Acres$849,900
Active
563/565 SW 4TH ST Overview
- Time on Site:
- 34 days
- Visits:
- 0
Experience the best of coastal living with TWO ocean-view homes directly across from the oceanfront in the heart of Newport's desirable Nye Beach District! This unique corner-lot property offers exceptional flexibility for multigenerational living, guest accommodations, rental income, or a private coastal retreat.The main 2-story home features 1,836 sq ft with 3 bedrooms, 2 baths, and an oversized 3-car garage. The lower-level bedroom/office includes its own private exterior entrance, creating ideal space for a home business, guest suite, or separate living quarters.The second home is a charming single-level 794 sq ft cottage with 2 bedrooms, 1 bath, and its own ocean-view deck. Perfect as an ADU, vacation rental, long-term income property, or comfortable space for extended family and guests.Both homes enjoy ocean views, private decks, and an unbeatable location just steps from beach access, local restaurants, shopping, and all that Nye Beach has to offer. A rare opportunity to own two updated homes on one property in one of Newport's most sought-after coastal neighborhoods.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
563/565 SW 4TH ST Facts & Features
- Type Multi-Family
- Sq. ft. 2,630
- Price/Sq.ft. $323
- Lot 0.11 Acres
Details
General
School Information
- Elementary School: Yaquina View
- Middle Or Junior School: Newport
- High School: Newport
Income/Expenses
- Gross Income: 3607.0
- Net Operating Income: 0
- Operating Expense: 0
Building Information
- Year Built: 1993
Location/Region
- Country: US
- County Or Parish: Lincoln
- MLS Area Major: 200 - Lincoln County
Rent/Lease Information
- Rent Includes: None
Tax Information
- Tax Annual Amount: 7412.08
- Tax Year: 2025
General Information
- Disclosures: Disclosure
- Listing Terms: Cash,Conventional,FHA,VA Loan
- Parcel Number: R305057
- Property Condition: Updated/Remodeled
- Property Type: Multi Family
- Zoning: R-4
Interior
Parking Information
- Garage Spaces: 3.0
Building Interior
- Building Area Total: 2630.0
General Information
- Basement: Crawl Space
- Cooling: None
- Foundation Details: Concrete Perimeter
- Heating: Wall Heater,Zoned
- Stories: 2
Exterior
Parking Information
- Parking Features: Driveway,Garage
- Parking Total: 8.0
Lot Information
- Lot Features: Corner Lot,Level,Ocean Beach 1/4 Mile or Less
- Lot Size Acres: 0.11
- Lot Size Dimensions: 50 x 100
- Lot Size Square Feet: 4791.0
- Road Surface Type: Gravel,Paved
- Water Source: Public Water
Building Exterior/Construction
- Roof: Composition
General Information
- Number Of Units Total: 2
- Sewer: Public Sewer
563/565 SW 4TH ST Neighborhood
Community
97365 (Newport) Demographics
46
Median Age
252
Population Density (per sq. mile)
38%
College Educated
$49,529
Estimated Median Income
2,693
Estimated Total Home Owners
2,073
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.563/565 SW 4TH ST Monthly Cost
563/565 SW 4TH ST Market Data
Based on the last 30 days in this zip code
$620,101
Average List Price
$335
Average Price per Square Foot
4
Properties Sold
106
Average Days on Market
158
Properties for Sale
563/565 SW 4TH ST History
| Date | Value | Agent |
|---|---|---|
| 5/26/2026Source: Regional MLS | May 26, 2026 |