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4283 Yaquina Bay Road, Newport, OR 97365

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For Sale

$775,000

13 beds • 5,022 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $154.32
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Multi-Unit Investment Opportunity with Yaquina River Views - 3.86 Acres Just Outside Newport. Solid income potential meets practical infrastructure on this multi-property parcel. With Yaquina River views, two wells, and three septic systems already in place, this property is ready for an investor looking to generate consistent rental income with room for growth. The setup includes: two detached stick-built homes, each 2 bedrooms and 1 bathroom-one with an attached garage, plus a 4-unit building with river views, complete with two garages and two carports for tenant parking. The land offers a mix of forest, open grassy areas, and a year-round creek, creating a private, peaceful setting that appeals to long-term tenants and potential short-term renters alike. Plenty of flexibility here-live in one unit and rent out the others, or operate the entire property as a fully leased investment portfolio. With multiple dwellings, essential systems already in place, and demand for rentals in the area, this property is a smart play for anyone looking to build or expand their income stream on the Oregon Coast.
MLS# 25-1659

Courtesy Of Martek Real Estate

(541) 265-8785

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck
  • Architecture Style
    New Traditional
  • Floor Covering
    Carpet, Vinyl, Wood
  • Lot Size
    3.86 Acres
  • Roof Type
    Metal
  • View Type
    River

Map and Directions

Directions to 4283 Yaquina Bay Road, Newport, OR 97365

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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