$899,900

563 SW 4th St Newport, OR 97365

Estimated payment $5,357/month

Total Views 2,387
5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ocean View
  • No HOA
  • 3 Car Garage
  • Corner Lot
  • Zoned Heating
  • 2-minute walk to Ocean Shore State Recreation Area

About This Home

TWO OCEAN VIEW homes across from OCEANFRONT! Located in Newport's Nye Beach District with beach access across the street. Unique opportunity with two updated homes on one corner lot. Larger 2-story home is 1836 sf, 3-bedrooms, 2-baths and a 3-car garage! Lower bedroom/office has private exterior entrance. Smaller 1-story home is 794 sf, 2-bedrooms, 1 bath. Both homes have ocean view decks and are conveniently located near shopping, restaurants, and beach access.

Listing Agent

Heidi Rogers

Cascade Hasson Sotheby's International Realty License #201206892 Listed on: 10/15/2025

Cascade Hasson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,257

Year Built

  • Built in 1993 | Remodeled

Lot Details

  • 4,791 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Corner Lot
  • Level Lot

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Cement Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Ocean Views
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Schools

  • Sam Case Elementary School
  • Newport Middle School
  • Newport High School

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R305057

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Nye Beach Subdivision

Building Details

  • Gross Income $3,607

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,257

Year Built

Built in 1993 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1993
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 899900.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Total Bedrooms: 5
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding,VinylSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level, OceanBeachOneQuarterMileOrLess, PublicRoad
  • Road Surface Type: Gravel, Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 3.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Yaquina View
  • High School: Newport
  • Middle Or Junior School: Newport
  • Elementary School #2: Sam Case

Lot Info

  • Zoning: R-4
  • Lot Size Acres: 0.11
  • Lot Size: 50 x 100
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R305057

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 7257.42

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 249.49
  • Annual Gross Income: 3607.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $7,257 $402,200 -- --
2023 $7,087 $390,490 $0 $0
2022 $6,868 $379,120 $0 $0
2021 $6,750 $368,080 $0 $0
2020 $6,589 $357,360 $0 $0
2019 $6,307 $346,960 $0 $0
2018 $6,113 $336,860 $0 $0
2017 $6,059 $327,050 $0 $0
2016 $5,930 $317,530 $0 $0
2015 $5,498 $308,290 $0 $0
2014 $5,375 $299,320 $0 $0
2013 -- $295,330 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2025 10/16/25 For Sale $899,900 -- $342 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,000 Western Title & Escrow
Special Warranty Deed -- None Available
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 586609127

Regional Multiple Listing Service (RMLS)

APN: R305057