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Updated Duplex with Ocean Views
For Sale
$899,900

563-565 Southwest 4th Street, Newport, OR 97365

Two residences occupy a corner lot near beach access, shopping, restaurants, and Newport’s Nye Beach District.

Property Size2,630 SF
Price / SF$342.17
Days on Market247

Property Features for 563-565 Southwest 4th Street

General Information

Standard status Active
Size 2,630 SF
Total Parking Spaces 8
Property subtype Multi Family
Zoning R-4

Taxes and HOA fees

Annual Taxes $7,412

Amenities

Cable
2
Crawl Space
Concrete Perimeter
Composition
Cement Siding, Vinyl Siding

Building Details

Year Built 1993
Listing Agency: Cascade Hasson Sotheby's International Realty
Listed By: Heidi Rogers · License #201206892
Source: Compass
Added: Dec 26, 2025 Changed: Aug 30 Last Checked: Aug 30 at 11:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cascade Hasson Sotheby's International Realty

Investment Insights

Based on property information with market context.

This R-4 duplex property includes two updated residences on one corner lot. The larger two-story home contains 1,836 square feet with 3 bedrooms, 2 baths, and a 3-car garage; its lower bedroom or office has a private exterior entrance. The smaller one-story residence offers 794 square feet with 2 bedrooms and 1 bath. Both homes feature decks with ocean views.

Located at 563-565 Southwest 4th Street in Newport’s Nye Beach District, the property sits across the street from oceanfront access, with beach access also available across the street. Shopping and restaurants are nearby. The buildings were constructed in 1993 and include crawl-space foundations with concrete perimeter construction.

Key Highlights

  • Two residences on one corner lot in Newport’s Nye Beach District
  • Larger home measures 1,836 square feet with 3 bedrooms and 2 baths
  • Smaller home provides 794 square feet with 2 bedrooms and 1 bath

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store Storage Facility Butcher Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,309
Businesses Nearby

Demographics for 97365, OR

10,806
Population
6,026
Households
1.8
Avg Household Size
47
Median Age
31%
College-Educated
91%
High-School Grad
41.5 sq mi
ZIP Area
260
Density / Sq Mi
$60,736
Median Household Income
$30,963
Median Earnings
$1,155
Median Rent
$418,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences occupy a corner lot near beach access, shopping, restaurants, and Newport’s Nye Beach District.
Where is this duplex located?
The property is located at 563-565 Southwest 4th Street Newport, OR.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Two residences on one corner lot in Newport’s Nye Beach District; Larger home measures 1,836 square feet with 3 bedrooms and 2 baths; Smaller home provides 794 square feet with 2 bedrooms and 1 bath
More about this property
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