About This Home

This 3-bedroom, 2-bathroom multi-family at 938 SW 11th Street in Newport, OR is listed for $499,000 ($363 per sqft). Built in 1945, the home offers 1,376 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1945
  • 0.11 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
2 full
2-car garage
1945
Listing Description

"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.

Monthly Cost Estimate

$2,669/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146

Estimates only. Actual payments may vary.

Location

938 SW 11th Street

Newport, OR 97365

Bayley and Case's

Features & Amenities

Interior Features

Open FloorplanPantry

Exterior Features

Private Yard

Property Details

Flooring

TileCarpet

Construction

HardiPlank Type Cedar T1-11 Type

Outdoor Features

Patio

Parking

DrivewayGarage - AttachedOn StreetOpen

Heating

Natural GasForced Air

Appliances

DishwasherElectric OvenElectric RangeRefrigeratorWater HeaterDishwasherElectric OvenElectric RangeRefrigeratorWater Heater

Questions & Answers

This 3-bedroom, 2-bathroom multi-family at 938 SW 11th Street is listed at $499,000 ($363/sqft). The estimated monthly payment is $2,669 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1945, 0.11 acre lot, 2 stories, 4 parking spaces. Interior Features: Open Floorplan, Pantry. Exterior Features: Private Yard.

This property is listed by Sara Bell.

SB

Sara Bell

License 200905137

Agent at Premiere Property Group, LLC (Newport)

Listed by Premiere Property Group, LLC (Newport) · Broker phone: 5412647220 · View on Broker Site

MLS# 26-1905· Source: Oregon Coast MLS· 114 days on PropertySimple

Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

938 SW 11th Street, Newport, OR 97365

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