Check out this centrally located ocean view duplex! This well maintained property is zoned C-3 Highway (Heavy) Commercial. It is currently shown as a residential use in a commercial zone. Buyers can check with the City of Newport Planning Dept. about live and 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. The garage has two stalls, cabinets and a storage space. Seller just installed a French drain east of the garage and added new fencing and a new back gate. The upstairs studio unit has a living/dining/kitchen room, full bathroom and a bedroom with an ocean view. The back yard is fenced and there are pull through parking in the front and two parking spaces in the back.
Active
$435,000
534 NE 3rd St, Newport, OR 97365
3beds
2baths
1,380sqft
Est.:
Single Family Residence
Built in 1950
4,791.6 Square Feet Lot
$421,200 Zestimate®
$315/sqft
$-- HOA
What's special
Ocean viewNew fencingTwo parking spacesPine panelingOriginal oak flooringNew baseboard heatersOriginal cabinets
- 4 days
- on Zillow |
- 1,034 |
- 48 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: April 27, 2025 at 11:55am
Listed by:
Danielle Cutler 541-961-3868,
Windermere West Coast Properties
Source: OCMLS,MLS#: 25-866

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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Features
- Flooring: Other, Vinyl, Carpet, Wood
- Windows: Window Coverings
- Has fireplace: No
Interior area
- Total structure area: 1,380
- Total interior livable area: 1,380 sqft
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Frontage type: None
Lot
- Size: 4,791.6 Square Feet
- Dimensions: 50 x 100
Details
- Additional structures: None
- Parcel number: 111108AA80000
- Zoning description: C-3 Highway (Heavy) Commercial
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1950
Utilities & green energy
- Water: On Property, Public
Community & HOA
Community
- Subdivision: Fredericksburg
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $315/sqft
- Tax assessed value: $265,740
- Annual tax amount: $2,495
- Date on market: 4/24/2025
- Road surface type: Paved
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