1025/1033 NE Avery Street, Newport, OR 97365 | MLS #26-1734 | Berkshire Hathaway HomeServices Northwest Real Estate
Patti Gage

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Listing provided courtesy of Premiere Property Group, LLC (Newport)- MLS# 26-1734MLS ProviderSource MLS Verified

1025/1033 NE Avery StreetNewport, OR 97365

Multi-Family · 4 Beds · 2 Full Baths · 1,488 Sq. ft. | 0.11 Acres
$489,000 Pending

1025/1033 NE Avery Street Overview

Time on Site:
8 days
Visits:
0

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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1025/1033 NE Avery Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,488
  • Price/Sq.ft. $329
  • Lot 0.11 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Lincoln County School District

Building Information

  • New Construction: false
  • Year Built: 1964

Location/Region

  • County Or Parish: Lincoln
  • Subdivision Name: Phelps - Newport

Rent/Lease Information

  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: 3171.76
  • Tax Year: 2025

General Information

  • Listing Terms: 1031 Exchange,Cash,Conventional
  • Parcel Number: 111105DB-7601-00
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: false
  • Special Listing Conditions: Standard
  • Zoning: C-3 Highway (Heavy) Commercial

Interior

Parking Information

  • Garage Spaces: 2.0
  • Garage: true

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total: 2
  • Bedrooms Total: 4

Building Interior

  • Above Grade Finished Area: 1488.0
  • Building Area Total: 1488.0

General Information

  • Appliances: Dishwasher,Electric Oven,Refrigerator
  • Basement: false
  • Flooring: Laminate,Vinyl,Wood
  • Foundation Details: Concrete Perimeter
  • Levels: Two
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Attached Garage
  • Parking Total: 2.0

Lot Information

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Square Feet: 4791.6
  • Lot Size Units: Acres
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Architectural Style: Other
  • Attached Garage: false
  • Construction Materials: T1-11 Type
  • Roof: Composition

General Information

  • Carport: false
  • Number Of Units Total: 2
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Sewer Connected,Water Connected,Separate Meters

Unit Information

Unit 1 Details

  • Actual Rent: 1850.0
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1850.0
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1850.0
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1850.0
  • Beds Total: 2
  • Baths Total: 1

Unit 5 Details

  • Actual Rent: 1850.0
  • Beds Total: 2
  • Baths Total: 1

Unit 6 Details

  • Actual Rent: 1850.0
  • Beds Total: 2
  • Baths Total: 1

Unit 7 Details

  • Actual Rent: 1850.0
  • Beds Total: 2
  • Baths Total: 1

Unit 8 Details

  • Actual Rent: 1850.0
  • Beds Total: 2
  • Baths Total: 1

1025/1033 NE Avery Street 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
Community data courtesy of LiveBy, Inc.

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.

1025/1033 NE Avery Street Monthly Cost

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Greg Bowyer
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1025/1033 NE Avery Street Market Data

Based on the last 30 days in this zip code

$620,101
Average List Price
$335
Average Price per Square Foot
17
Properties Sold
106
Average Days on Market
158
Properties for Sale
Calculations provided by Reliance Network

1025/1033 NE Avery Street History

Date Event Value Agent
6/26/2026Source: Tillamook MLS Status Change
Pending
6/22/2026Source: Tillamook MLS Added to Database
June 22, 2026
1/5/2026Source: Tillamook MLS Added to Database
February 05, 2024