Seize this incredible opportunity to own a property w/ ample BOAT STORAGE in the heart of Newport — home to one of the largest & most productive fishing fleets on the West Coast! Whether you're a boating enthusiast, an outdoor adventurer, or looking for the perfect investment, this property offers it all. The garage is an impressive 30 feet deep w/ high ceilings — perfect for your boat & all your coastal gear. Downstairs, you'll find spacious storage w/ separate entry, offering endless possibilities. The main-level unit brings income, with fantastic tenants who come highly recommended. Recent updates & income numbers are available upon request. This property's affordability makes it a sweet deal, so don't wait! Build your dream, invest in your future, & embrace the coastal lifestyle.
Pending - accepting backups
Price cut: $10K (5/12)
$375,000
123 NE 2nd St, Newport, OR 97365
3beds
1baths
1,474sqft
Est.:
Single Family Residence
Built in 1958
4,791.6 Square Feet Lot
$366,200 Zestimate®
$254/sqft
$-- HOA
What's special
Separate entryHigh ceilingsSpacious storageAmple boat storage
- 92 days
- on Zillow |
- 813 |
- 32 |
Zillow last checked: 7 hours ago
Listing updated: June 11, 2025 at 05:18pm
Listed by:
Amanda Graves 971-212-7131,
Kiwanda Coastal Properties
Source: OCMLS,MLS#: 25-461

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
Heating
- Electric Wall/Zone, Fireplace(s)
Features
- Flooring: Carpet
- Has fireplace: Yes
Interior area
- Total structure area: 1,474
- Total interior livable area: 1,474 sqft
Property
Parking
- Parking features: RV Access/Parking
- Has garage: Yes
Features
- Has view: Yes
- View description: None
- Frontage type: None
Lot
- Size: 4,791.6 Square Feet
Details
- Parcel number: 0120000
- Zoning description: R-3 Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter, Slab
- Roof: Composition
Condition
- Year built: 1958
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Fredericksburg
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $254/sqft
- Tax assessed value: $341,600
- Annual tax amount: $3,723
- Date on market: 3/14/2025
- Road surface type: Paved
- Loading