Check out this duplex! It has a new roof and it's centrally located near the schools in Newport. Live in one unit, rent the other and run a business in the garage! It's zoned C-3 Commercial and so check with City of Newport Planning Department about the live/work possibilities. The ground floor unit has newly refinished original oak flooring and pine paneling in the living and dining rooms along with original solid wood doors. There are a country kitchen with a large pantry closet and original cabinets, 2 bedrooms, a bathroom and a utility room. New baseboard heaters were recently installed in both bedrooms. A breezeway connects the home and garage. The garage is big enough for two vehicles but the garage door opens on one side only. It has
Closed
$432,000
534 NE 3rd St, Newport, OR 97365
3beds
2baths
1,380sqft
MultiFamily
Built in 1950
-- sqft lot
$431,800 Zestimate®
$313/sqft
$2,219 Estimated rent
Home value
$431,800
$389,000 - $479,000
$2,219/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 12, 2025 at 07:56pm
Listed by:
Danielle Cutler 541-961-3868,
Windermere West Coast Properties
Bought with:
Korey Hazard, 201219450
Taylor & Taylor Realty Company
Dennis M Regen, 810604051
Taylor & Taylor Realty Company
Source: OCMLS,MLS#: LC-104014
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Refrigerator, Water Heater
Features
- Flooring: Carpet, Vinyl, Wood
- Windows: Window Treatments
- Has basement: No
Interior area
- Total structure area: 1,380
- Total interior livable area: 1,380 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,791 sqft
- Dimensions: 50 x 100
Details
- Additional structures: None
- Parcel number: 111108AA80000
- Zoning description: C-3 Highway (Heavy) Commercial
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
Materials
- Shake Siding, Shingle Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Not Available, Water Available
Community & neighborhood
Location
- Region: Newport
- Subdivision: Fredericksburg
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2025 | Sold | $432,000-0.7%$313/sqft |
Source:  OCMLS #LC-104014 | ||
| 6/8/2025 | Contingent | $435,000$315/sqft |
Source: OCMLS #25-1225 | ||
| 5/30/2025 | Listed for sale | $435,000-2.2%$315/sqft |
Source: OCMLS #25-1225 | ||
| 5/29/2025 | Listing removed | $445,000$322/sqft |
Source: OCMLS #25-1184 | ||
| 5/25/2025 | Listed for sale | $445,000+2.3%$322/sqft |
Source: OCMLS #25-1184 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,420 +2.4% | $138,270 +3% |
| 2023 | $2,363 +3.2% | $134,250 +3% |
| 2022 | $2,290 -1.3% | $130,340 +3% |
Find assessor info on the county website
Neighborhood: 97365
Nearby schools
GreatSchools rating
- NASam Case Elementary SchoolGrades: K-2Distance: 0.4 mi
- 2/10Newport Middle SchoolGrades: 6-8Distance: 0.3 mi
- 6/10Newport High SchoolGrades: 9-12Distance: 0.1 mi
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