$1,250,000
PENDING

Estimated payment $7,547/month

Total Views 19,488
4 Beds
2 Baths
1,653 Sq Ft
$756 Price per Sq Ft

Highlights

  • Wood Flooring
  • Furnished
  • Window Unit Cooling System
  • 2 Fireplaces
  • Skylights
  • Outdoor Grill

About This Home

Discover a rare opportunity to own a thriving two-unit Airbnb in the heart of Newport's vibrant Yachting Village. This updated multi-family property is ideal for investors or those seeking a home with income potential. Whether for investment or residence, this property presents an enticing prospect in Newport's waterfront business zone. The first-floor unit is a cozy one-bedroom, one-bathroom featuring a deck and fireplace, perfect for relaxing and enjoying the coastal ambiance. The second-floor unit is a spacious three-bedroom, one-bathroom that spans two floors, offering ample space and comfort with 2 decks and a fireplace. Each unit has a washer and dryer. With brilliant Newport Harbor views and just steps away from the marinas, restaurants, and shops, this property is an ideal retreat for those seeking the best of coastal living. Don't miss out on this exceptional opportunity! No parking on site, owner rents 2 spaces nearby. Profit and loss available for interested parties.

Last Listed By

Joe Fitzpatrick

RE/MAX Results Listed on: 05/30/2025

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,362

Year Built

  • Built in 1900

Parking

  • No Garage

Home Design

  • Clapboard

Interior Spaces

  • 1,653 Sq Ft Home
  • Furnished
  • Skylights
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Utility Room

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • Outdoor Grill
  • 1,911 Sq Ft Lot

Community Details

  • 2 Units
  • Operating Expense $31,000

Listing and Financial Details

  • Tax Lot 152
  • Assessor Parcel Number 10WESTEXTENSIONSTNEWP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,362

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0439
  • Inclusions: Income and expense figures are approximate and based on 2023 bookings. Property tax: $6362 based on resident rate; $7501 based on non-resident rate.
  • Above Grade Finished Sq Ft: 1653.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None
  • Stories: 0

Interior Features

  • Furnished: Furnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Skylights, Stall Shower, Furnished
  • Dining Room Type: Utility Room
  • Window Features: Skylight(s)

Exterior Features

  • Construction Type: Drywall, Clapboard
  • Exterior Features: Barbecue

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1911.0
  • Parcel #: 10WESTEXTENSIONSTNEWP
  • Zoning: WB

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 31000.0

Tax Info

  • Tax Annual Amount: 6362.0
  • Tax Lot: 152
  • Tax Map Number: 32
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,497 $912,100 $369,900 $542,200
2023 $5,828 $587,500 $241,800 $345,700
2022 $5,646 $587,500 $241,800 $345,700
2021 $5,481 $587,500 $241,800 $345,700
2020 $5,235 $509,200 $270,900 $238,300
2019 $5,235 $509,200 $270,900 $238,300
2018 $5,087 $509,200 $270,900 $238,300
2017 $4,519 $403,100 $193,800 $209,300
2016 $4,406 $403,100 $193,800 $209,300
2015 $4,301 $403,100 $193,800 $209,300
2014 $4,372 $362,500 $164,700 $197,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Pending -- -- --
05/30/2025 05/30/25 For Sale $1,250,000 -- $756 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $540,000 --
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $40,500 New Conventional
Previous Owner $425,000 No Value Available
Previous Owner $275,000 No Value Available
Previous Owner $172,500 No Value Available
Previous Owner $92,200 No Value Available
Source: Public Records

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APN: NEWP-000032-000000-000152