$597,500

443 SW 7th St Newport, OR 97365

Estimated payment $3,440/month

Total Views 2,348
5 Beds
4 Baths
2,250 Sq Ft
$266 Price per Sq Ft

Highlights

  • No HOA
  • Zoned Cooling
  • Carpet
  • Bungalow
  • Lap Siding
  • 4-minute walk to Lost Creek State Park

About This Home

Rare four unit property in downtown Newport. Great space to increase your portfolio or owner occupied. Three units on the property, one stand alone 1 bed 1 bath house, a studio cottage, and duplex- 1 bed 1 bath (downstairs) and 2 bed 1 bath (upstairs). Interior updates on multiple units. Newer siding, roof, paint, plumbing and electrical. Individually metered. Tenants pay their own utilities. Close to downtown, shops and hospitals. Not approved for short term rental use.

Listing Agent

Katy Rosecrans

SMI Real Estate License #200402282 Listed on: 10/08/2025

SMI Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,493

Year Built

  • Built in 1910

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Bungalow
  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,250 Sq Ft Home
  • 2-Story Property
  • Window Treatments

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Zoned Cooling
  • Heating Available
  • Natural Gas Not Available
  • Water Heater

Listing and Financial Details

  • Exclusions: tenants personal pty
  • Tax Lot 11
  • Assessor Parcel Number 111108BD-4301-00

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Bayley And Case's Subdivision

Building Details

  • Gross Income $58,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,493

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.2
  • Road Surface Type: Paved
  • Exclusions: tenants personal pty
  • Inclusions: 4 ranges, 4 fridges
  • Subdivision Name: Bayley and Case's
  • Directions: From 101, W on Alder, N on SW 7th
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Year Built: 1910
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: None
  • General Property Description:Primary View: None
  • General Property Description:Secondary View: None
  • General Property Description:Lot SqFt: 5227
  • General Property Description:_pound_ of Acres: 0.12
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 4301
  • General Property Description:Total Bedrooms: 5
  • General Property Description:Total Bathrooms: 4.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Bungalow
  • General Property Description:Basement: Daylight
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Sewer:City3: Yes
  • Internal Features:RangeOven: Electric
  • Location Tax and Other Information:Subdv ParcelLot: 11
  • Internal Features:Water Heater: Electric
  • Flooring:Vinyl2: Yes
  • Gas:None6: Yes
  • Foundation:Slab: Yes
  • Siding:Lap: Yes
  • Flooring:Carpet: Yes
  • Siding:Concrete Composite: Yes
  • Gross Income: 58620.0
  • Miscellaneous Exclusions: tenants personal pty
  • HeatingCooling:Zone - Elect: Yes
  • General Property Description Senior Community YN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 5
  • Flooring: Carpet, Vinyl
  • Window Features: Window Coverings

Exterior Features

  • View: None
  • Foundation Details: Concrete Perimeter, Slab
  • Roof: Composition
  • Internal Features:Window Coverings: Yes

Garage/Parking

  • Open Parking Spaces: 4.0
  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0
  • External Features:Parking Spaces: 4.0

Utilities

  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Not Available
  • Water Source: City
  • HeatingCooling:Electric: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111108BD-4301-00
  • Zoning: C-1 Commercial

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 58620.0

Tax Info

  • Tax Annual Amount: 3493.2
  • Tax Year: 2024

Map

Range of Values:

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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 $3,493 $193,590 -- --
2023 $3,411 $187,960 $0 $0
2022 $3,306 $182,490 $0 $0
2021 $3,249 $177,180 $0 $0
2020 $3,172 $172,020 $0 $0
2019 $3,036 $167,010 $0 $0
2018 $2,943 $162,150 $0 $0
2017 $2,916 $157,430 $0 $0
2016 $2,855 $152,850 $0 $0
2015 $2,647 $148,400 $0 $0
2014 $2,587 $144,080 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2025 10/08/25 For Sale $597,500 +206.4% $266 / Sq Ft
12/31/2016 12/31/16 Sold $195,000 -2.3% $81 / Sq Ft View Prior Sale
10/15/2016 10/15/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $199,500 -- $83 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Source: Lincoln County Board of REALTORS® MLS (OR)

MLS Number: 25-2248

APN: R14349