Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    4283 Yaquina Bay Rd Newport, OR 97365

    Sponsored
    For Sale
    $775,000

    MULTI_FAMILY - Other - Newport, OR

    Property size:
    5,022 SF
    Lot size:
    3.86 Acres
    Days on Market:
    17
    Last Refresh:
    Jan 6 at 2:06 pm

    Property Features for 4283 Yaquina Bay Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RR-2 Rural 2 acre
    Rooms
    Bedroom 9, Bedroom 13, Bathroom 3, Bedroom 6, Bedroom 10, Bathroom 2, Bedroom 1, Bathroom 5, Bedroom 11, Bathroom 6, Bedroom 3, Bathroom 1, Bedroom 8, Bedroom 2, Bedroom 7, Bedroom 12, Bedroom 4, Bedroom 5, Bathroom 4
    Bedrooms
    13
    Bathrooms
    6
    APN
    111122D0-201-00
    Parking
    15
    Parking features
    Garage - Attached
    Patio and Porch features
    Deck
    Appliances
    Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Water Heater
    Size
    5,022 SF
    Lot size
    3.86 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Wall Furnace, Zoned, Baseboard
    Water source
    Well

    Building Details

    Year built
    1964
    Floors in Building
    2
    Number of units
    6
    Flooring type
    Vinyl, Wood, Carpet
    Building materials
    Cedar, T1-11 Type
    Roof type
    Composition, Metal
    Architectural style
    Other

    Martek Real Estate (541) 961-6688 [email protected]

    Listing agent Doretta L Smith (541) 265-8785 License #200707030

    Listing date Dec 21, 2025

    MLS# LC-104372 Listing URL

    Copyright © 2025 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.

    Overview

    Yaquina River View Investment Opportunity

    This multi-property parcel, situated just outside Newport on 3.86 acres, presents a multi-unit investment opportunity with Yaquina River views. The property features two wells and three septic systems. It includes two detached, stick-built homes, each with 2 bedrooms and 1 bathroom; one of these homes has an attached garage. Additionally, there is a 4-unit building with river views, accompanied by two garages and two carports for tenant parking. The land comprises a mix of forest, open grassy areas, and a year-round creek. The property offers flexibility, allowing the owner to reside in one unit while renting out the others, or to operate the entire property as a fully leased investment portfolio. The setup is designed for generating consistent rental income with room for growth. The property size is 5022 square feet. The zoning is RR-2 Rural 2 acre.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Spa & Massage Auto Repair Shop Hotel & Motel Storage Facility Accounting Firm Bar & Pub Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Lincoln
    State
    Oregon
    Longitude
    -124.008189
    Latitude
    44.600201

    Nearby Similar for Sale

    • $2,950,000
      21,400 SF

      Yaquina Bay Commercial Landmark

      Commercial property with vessel haul outs on Yaquina Bay.
      5262 Yaquina Bay Rd, Newport, OR 97365
      View Details
    • $1,200,000
      2,798 SF

      Highway Frontage Commercial Opportunity

      Prime commercial property on Coast Highway 101 in Newport.
      1006 SW Coast Hwy, Newport, OR 97365
      View Details
    • $1,400,000
      0.19 Acres

      Newport 10-Unit Apartment Complex

      Well-maintained 10-unit apartment complex in the heart of Newport.
      166 NE 8Th St, Newport, OR 97365
      View Details
    • $2,394,000
      6,505 SF

      Newport Commercial Investment Opportunity

      Turnkey restaurant, bar, parking lot, and two leased storefronts.
      426 NW Coast St, Newport, OR 97365
      View Details
    • $108,000
      0.06 Acres

      RV Lot in Pacific Shores Resort

      Premium RV lot with amenities and beach access.
      6225 N Coast Hwy, Newport, OR 97365
      View Details
    • $150,000

      Turnkey Pizza Restaurant in Newport

      Fully equipped pizza restaurant for sale in Newport, Oregon.
      130 NW 19Th St, Newport, OR 97365
      View Details
    • Contact for pricing

      Embarcadero Marina Boat Slip

      Privately owned 24' boat slip on Yaquina Bay.
      1000 SE Bay Blvd, Newport, OR 97365
      View Details
    • $599,000
      0.24 Acres

      Waterfront Property on Historic Bayfront

      Prime real estate on Newport's historic Bayfront with amazing views.
      837-855 SW Bay Blvd, Newport, OR 97365
      View Details
    • $496,000
      1,998 SF

      Highway 101 Office Space

      1900+ sqft office with parking on Highway 101.
      1112 SW Coast Hwy, Newport, OR 97365
      View Details
    • $579,000
      2,295 SF

      Newport Commercial Building with Views

      Commercial building in high-traffic area with ocean views.
      242 W Olive St, Newport, OR 97365
      View Details
    • $3,950,000
      18,581 SF

      Renovated Motel on Highway 101

      Recently renovated 49-unit motel on Highway 101 in Newport, OR.
      1823 N Coast Hwy, Newport, OR 97365
      View Details
    • $599,000
      8,344 SF

      Newport Retail Investment Opportunity

      High-Visibility Hwy 101 Retail Building
      Newport, OR 97365
      View Details

    FAQs

    What type of property is this?
    Apartment building - Multi-unit property with river views and income potential.
    Where is this apartment building located?
    The property is located at 4283 Yaquina Bay Rd Newport, OR.
    What is the asking price?
    The asking price for this property is $775,000.
    What are key features of this property?
    This property features: - Solid income potential with existing multi-unit rental setup (two detached homes, 4-unit building).; - Yaquina River views enhance property appeal and rental value.; - 3.86-acre parcel provides privacy and potential for expansion.
    (541) 961-6688
    Request Owner's contact information
    4283 Yaquina Bay Rd Newport, OR 97365
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4283 Yaquina Bay Rd
    Newport, OR 97365
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4283 Yaquina Bay Rd Newport, OR 97365
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.