Price Reduction
Address
1039 Ne Grant Street, Newport, OR
Price
$ 634,900
Property Attributes
  • MLS#261895
  • TypeSingle Family
  • Listing Status Active
  • CountyLINCOLN
  • CityNewport
  • NeighborhoodBakers 1st to Newport
  • Zip97365
  • StyleSplit Level
  • Year Built1940
  • Taxes$ 3728
  • Price$ 634,900
  • Bedrooms7
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage2720
  • Lot Size0.17 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description

Multiple Opportunities Await! This beautifully remodeled home has been thoughtfully converted into a versatile duplex, offering endless possibilities for homeowners and investors alike. Whether you're looking to generate excellent rental income, offset your mortgage by living in one unit while renting the other, create the perfect multi-generational living arrangement, or establish a spacious work-from-home setup, this property is designed to fit your lifestyle. The daylight basement also offers the potential for short-term rental use with the appropriate City permit. The main level features 1,710 square feet with 4 bedrooms and 1.5 bathrooms, showcasing fresh interior paint, new flooring, a completely updated kitchen, new appliances, beautifully remodeled bathrooms, and brand-new decks that create inviting outdoor living spaces. All appliances are included, including the washer and dryer, making this home truly move-in ready. The daylight basement offers an additional 990 square feet with 3 bedrooms and 1 bathroom, also featuring fresh paint, updated finishes, and its own comfortable living space—ideal for tenants, extended family, guests, or a home office. With separate living areas and countless options for use, this exceptional property is a rare opportunity to own a home that offers flexibility, functionality, and outstanding income potential.

Price History
7/9/2026 Listed $639,000
9/8/2026 1$634,900

General Features

Heating Electric,Natural Gas,Baseboard
Cooling Electric
Utilities Cable Available,Electricity Available,Natural Gas Available,Water Available
Possession Close Of Escrow
Roof Composition
Appliances Gas Oven,Water Heater,Gas Cooktop,Refrigerator
Zoning R-2 Residential
Architectural Style Split Level
Year Built 1940
Property Subtype Duplex
Tax Year 2025
County Lincoln
Property Type Residential Income
HOA No
Subdivision Name Bakers 1st to Newport
Garage Y/N No
Status Active
Directions From Highway 101 in Newport,head east onto Highway 20 (Olive Street). Turn left onto NE Harney Street,then take a left onto NE 7th Street. Continue a short distance and turn right onto NE Grant Stree
City Newport
Senior Community Y/N No
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 7405.2
Carport Y/N Yes
Land Lease Y/N No
Tax Annual Amount 3728.39
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Rent Control Y/N No
Standard Status Active

Interior Features

Fireplace Features Wood Burning Stove
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Above Grade Finished Area 2720.0
Total Bedrooms 7
Below Grade Finished Area 0.0
Total Baths 3

Exterior Features

Water Source Public
Total Parking 4.0
Lot Size Area 0.17
Foundation Details Block
Spa No
Building Area Total 2720.0
Lot Size Acres 0.17
Crops Included Y/N No
Horse Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 97365

Price
AVG $520K
$630K
Taxes
AVG $3,908
$3,728
Year Built
AVG 1982
1940
Visits
AVG 37
12
Data Provided by Inside Real Estate®