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938 SW 11th St, Newport, OR 97365 — photograph 1

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938 SW 11th St, Newport, OR 97365 — photograph 1
3 Beds2 Baths1,376 sqft

938 SW 11th St, Newport

$499,000

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ActiveMLS®: 320925494Listing held by another brokerage, marked RMLS
Price per sqft
$362.65
Built in
1945
Property size
1,376 sqft
Lot size
4,792 sqft
Property type
Residential
Days on market
122

Overview

"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 use an FHA loan on the property (according to a lender) as long as you live in one unit as your primary resident. Then rent out the other side for extra income to help supplement the home payments. 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. Rent for this unit is $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. The rent for this unit is $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.

Details

Interior

Interior features
Garage Door Opener, High Speed Internet, Laminate Flooring, Laundry, Wall to Wall Carpet
Appliances
Dishwasher, Free Standing Range, Free Standing Refrigerator, Pantry, Tile
Fireplace
Yes
Fireplaces
1
Fireplace description
Gas, Stove
Cooling
No
Cooling description
None
Heating
Yes
Heating description
Forced Air, Other
Windows
Double Pane Windows

Exterior and lot

Lot size
4,792 sqft
Exterior features
Patio, Yard
Lot features
Level
Architectural style
Cottage
Roof
Composition
View
No

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
2
Parking
Driveway
Total parking
2

Schools

High school
Newport
Middle school
Newport
Elementary school
Yaquina View

Location

City
Newport
County
Lincoln
Zoning
R-4

Taxes and dues

Annual taxes
$4,119 (2025)

Location

938 SW 11th St, Newport, OR 97365

Map showing the location of 938 SW 11th St, Newport, OR 97365
© Mapbox © OpenStreetMap

Monthly payment estimate

$2,999 /mo

20% · $99,800
7.00%
Principal and interest
$2,656
Property tax (2025)
$343
Total
$2,999

Estimate only, and not an offer of credit. Assumes 20% down ($99,800) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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