NOT LISTED FOR SALE

637 SW 9th St Newport, OR 97365

Bayfront Neighborhood
13 Beds
7 Baths
7,560 Sq Ft
0.29 Acres

Last Sold March 28, 2025

Last sale price $1,100,000 $146 Per Sq Ft

89 Days on Market

Highlights

  • Traditional Architecture
  • 7 Car Attached Garage
  • Carpet
  • No HOA
  • Forced Air Heating System
  • 3-minute walk to Lost Creek State Park

About This Home

As of March 2025

A prime investment opportunity featuring six fully occupied units. Five of the units offer 2 bedrooms and 1 bathroom each, while the sixth unit offers 3 bedrooms, 2 bathrooms, and washer and dryer hookups. The property includes a common area coin-operated laundry for the convenience of the five smaller units. The exterior of the complex is enhanced with durable Hardi-Plank siding. Recent upgrades include the replacement of the garage roofs in 2023, as well as a complete repainting of the entire complex the same year. The main roof for the units was replaced approximately 5-7 years ago, ensuring long-term durability. For parking, the property provides eight single-stall car garages and an additional ninth oversized garage stall. Inside, the units feature a mix of carpet and linoleum flooring, with some units upgraded to luxury-vinyl plank flooring.
Please note, no showings will be scheduled prior to an accepted offer. This fully occupied property is a turnkey investment ready for new ownership.

Last Agent to Sell the Property

Dennis Regen

Taylor & Taylor Realty Company License #810604051 Listed on: 11/16/2024

Co-Listed By

Korey Hazard

Taylor & Taylor Realty Company License #201219450

Last Buyer's Agent

Freddy Saxton

Advantage Real Estate License #200801080

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,539

Year Built

  • Built in 1992

Lot Details

  • 0.29 Acre Lot

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,560 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Parking

  • 7 Car Attached Garage
  • 9 Open Parking Spaces

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 111108CA-14600-00

Community Details

Overview

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

Building Details

  • Operating Expense $15,546
  • Gross Income $76,523

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,539

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: None
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632.4
  • Road Surface Type: Paved
  • Subdivision Name: Bayley and Case's
  • Directions: Hwy 101 to SW Abbey. Left on SW 9th to property.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Year Built: 1992
  • 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:_pound_ of Acres: 0.29
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 14600
  • General Property Description:Total Bedrooms: 13
  • General Property Description:Total Bathrooms: 7.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Traditional
  • General Property Description:Basement: No
  • Roof:Composition: Yes
  • Water:City2: Yes
  • Foundation:Concrete Perimeter: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Location Tax and Other Information:Subdv ParcelLot: 9
  • Flooring:Vinyl2: Yes
  • Alternate Heat:None7: Yes
  • Flooring:Carpet: Yes
  • Siding:Concrete Composite: Yes
  • Gross Income: 76523.0
  • Special Features: None

Interior Features

  • Appliances: Water Heater
  • Total Bedrooms: 13
  • Flooring: Carpet, Vinyl

Exterior Features

  • View: None
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Patio And Porch Features: None
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 9.0
  • General Property Description:Garage Type: Attached
  • General Property Description:Garage Stall: 7
  • External Features:Parking Spaces: 9.0

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: City
  • HeatingCooling:Forced Air: Yes
  • HeatingCooling:Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111108CA-14600-00
  • Zoning: R-4 Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 76523.0

Tax Info

  • Tax Annual Amount: 8539.1
  • Tax Year: 2024

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $1,100,000 -17.0% $146 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $1,325,000 -- $175 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dennis Regen

    Seller's Agent in 2025

    Dennis Regen

    Taylor & Taylor Realty Company

    (541) 994-4169

    13 in this area

    673 Total Sales

    Dennis Regen
    Section Image
  • Korey Hazard

    Seller Co-Listing Agent in 2025

    Korey Hazard

    Taylor & Taylor Realty Company

    (541) 961-7519

    14 in this area

    325 Total Sales

    Korey Hazard
    Section Image
  • Freddy Saxton

    Buyer's Agent in 2025

    Freddy Saxton

    Advantage Real Estate

    (541) 961-2085

    11 in this area

    121 Total Sales

    Freddy Saxton
    Section Image
See All Agents

Map

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

MLS Number: 24-1877

Oregon Lincoln County Newport 97365 Bayfront

637 SW 9th St, Newport, OR

This home is located at 637 SW 9th St, Newport, OR 97365 since 16 November 2024. This property was built in 1992. 637 SW 9th St is a home located in Lincoln County with nearby schools including Yaquina View Elementary School, Sam Case Elementary School, and Newport High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes