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3 Beds
2 Baths
1,376 sqft

$499,000

938 SW 11th Street, Newport OR, 97365

Price per sqft$362.65
Built in1945
Property size1,376 sqft
Property typeMulti-family

Overview

Active

Listed Jul 10, 2026

Updated Sep 17

"DUPLEX" in a great location just two blocks to Samaritan Hospital and just a short distance to shopping and the beach. Live in one unit and rent out the other. Can qualify for FHA financing (according to a lender) as long as it is your principal resident then you could rent out the other side for extra income to help out with your purchase! OR purchase as an investment property to use as a 1031 Exchange! Main Unit: is a 952 sq ft ground floor unit with living room, kitchen, separate laundry room, two bedrooms, a full bathroom and an attached garage. New Pergo flooring installed about a year ago and the Seller will install a new kitchen range at closing. This unit comes with the use of the fenced backyard. This unit rents for $1,975 per month. Upper unit is 424 sq ft with living room-kitchen combination, a bedroom and a full bathroom. It also has an attached garage and laundry hook-ups in the garage. This unit rents for $1,575 per month. There are separate meters for the water/sewer, gas and electric. Tenants pay for all utilities including garbage and Internet. Over the years the Sellers has installed Milgard double-paned windows, rewired the whole house including new electrical panels, re-plumbed the whole house and had the whole house professionally insulated. The water heater in the main unit has also been replaced. Please do not disturb the Tenants! No Photos of the Upper Unit. No sign on Property.

$3,320/mo

Est. mortgage payment based on a $499,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-1905

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$4,119
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

Also listed on RMLS

 

Courtesy of Premiere Property Group, LLC (Newport)

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