$899,000
$30K PRICE DROP

940 SW Minnie St Newport, OR 97365

Bayfront Neighborhood

Estimated payment $5,746/month

Total Views 1,963
3 Beds
6 Baths
5,623 Sq Ft
$160 Price per Sq Ft

Highlights

  • Ocean View
  • Wood Flooring
  • Security System Owned
  • Contemporary Architecture
  • No HOA
  • 4-minute walk to Yaquina Bay Lighthouse

About This Home

Remodeled building located in South Newport with 3 renovated OCEANVIEW apartments with hardwood floors, quartz countertops, ductless heat pumps and SS appliances. Downstairs has 3 commercial tenants. 2016 & 2017 remodel included new siding, windows, roof, electrical wiring, sheetrock, heating, gas lines, plumbing and more. Building pencils very well for a coastal investment. County RMV over 1 Million. Please do not disturb tenants. Listing Agent is the manager of the LLC that owns the property.

Listing Agent

Brodie Becksted

Equity Plus Real Estate License #200302191

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,143

Year Built

  • Built in 1928

Lot Details

  • 4,792 Sq Ft Lot
  • Property fronts a highway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • 5,623 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Ocean Views
  • Security System Owned
  • Microwave

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 6 Bathrooms

Parking

  • 22 Open Parking Spaces
  • 22 Parking Spaces

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Gas Water Heater

Community Details

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

Listing and Financial Details

  • Tax Lot 6300
  • Assessor Parcel Number 111108CC-6300-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,143

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub Type: Multi-Dwelling
  • Prop. Type: Multi-Dwelling
  • Road Frontage Type: Highway
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Road Surface Type: Paved
  • Subdivision Name: Bayley and Case's
  • Directions: Hwy 101 to Address. Has multiple Addresses. Apartments are 940 SW Minnie #1,2 & 3 and Commercial downstairs has 1107A, 1107B & 1125 SW Coast Hwy.
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Year Built Details: & 1946
  • Year Built: 1928
  • Contract Information:BankLender Owned: No
  • Contract Information:Short Sale: No
  • General Property Description:Frontage: Highway
  • General Property Description:Primary View: Ocean
  • General Property Description:Secondary View: Ocean
  • General Property Description:_pound_ of Acres: 0.11
  • General Property Description:CCRs: No
  • Location Tax and Other Information:Tax Lot: 6300
  • General Property Description:Total Bedrooms: 3
  • General Property Description:Total Bathrooms: 6.0
  • General Property Description:Levels: Two
  • General Property Description:Style: Contemporary
  • General Property Description:Basement: No
  • Water:City2: Yes
  • Electric:On Property2: Yes
  • Gas:On Property3: Yes
  • Sewer:City3: Yes
  • Internal Features:WasherDryer: Electric
  • Internal Features:RangeOven: Electric
  • Internal Features:Microwave: Yes
  • Internal Features:Furnished: No
  • Flooring:Vinyl2: Yes
  • Foundation:Slab: Yes
  • Alternate Heat:Electric Fireplace: Yes
  • Flooring:Wood3: Yes
  • Alarm System:Yes - Owned: Yes
  • Siding:Concrete Composite: Yes
  • Special Features: None
  • Year Built: 1928

Interior Features

  • Furnished: Unfurnished
  • Appliances: Water Heater
  • Total Bedrooms: 3
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Wood, Vinyl

Exterior Features

  • View: Ocean
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: None
  • Roof: Other

Garage/Parking

  • Open Parking Spaces: 22.0
  • General Property Description:Garage Type: None
  • General Property Description:Garage Stall: 0
  • External Features:Parking Spaces: 22.0

Utilities

  • Heating: Ductless Heat Pump
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: City
  • HeatingCooling:Ductless Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Description:Association2: No

Lot Info

  • Parcel #: 111108CC-6300-00
  • Zoning: C-1 Commercial
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 9142.56
  • 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

Property History

Date Event Price Change Sq Ft Price
01/18/2025 01/18/25 Price Changed $899,000 -3.2% $160 / Sq Ft
01/05/2025 01/05/25 For Sale $929,000 -- $165 / Sq Ft
Source: Lincoln County Board of REALTORS® MLS (OR)

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

MLS Number: 25-27

Oregon Lincoln County Newport 97365 Bayfront

940 SW Minnie St, Newport, OR

Homes for Sale in Newport, OR

This home is located at 940 SW Minnie St, Newport, OR 97365 and is currently priced at $899,000, approximately $159 per square foot. This property was built in 1928. 940 SW Minnie St is a home located in Lincoln County with nearby schools including Yaquina View Elementary School, Sam Case Elementary School, and Newport High School.

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Brodie Becksted
Listing Agent
Brodie Becksted
Section Image
Equity Plus Real Estate
(458) 505-2501