Waterfront Multi-Use Land
For Sale
$120,000
5900 Southwest 12th Street, Newport, OR 97365
Large multi-family and single-family zoning lot with bay views, side-street access, and potential bridge views.
Property Size17,424 SF
Price / SF$6.89
Days on Market594
Property Features for 5900 Southwest 12th Street
General Information
Standard status
Active
Size
17,424 SF
Property subtype
Land / Multi Family
Zoning
R-3
Taxes and HOA fees
Annual Taxes
$1,281
Amenities
Cable
Native
Listing Agency:
Cascade Hasson Sotheby's International Realty
(541) 241-3405
Listed By:
Josh Reed · License #201227289
(541) 241-3405
Source:
Compass
Added: Dec 26, 2024
Changed: Aug 8
Last Checked: Mar 25 at 6:31PM
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 sizable waterfront lot offers a large townhome/condo/multi-family lot configuration with zoning that allows multiple options, including single-family use. The property features bay views and may offer possible bridge views with tree clearing.
The lot includes side street access and is described as private and secluded, with proximity to amenities both near the bayfront below and the town area above.
At nearly half an acre, the site is positioned for buyers evaluating flexible residential development possibilities under the existing zoning framework.
The lot includes side street access and is described as private and secluded, with proximity to amenities both near the bayfront below and the town area above.
At nearly half an acre, the site is positioned for buyers evaluating flexible residential development possibilities under the existing zoning framework.
Key Highlights
- Large multi‑family and single‑family zoning lot in the Newports Bay District
- Bay views, with possible bridge view subject to tree clearing
- Nearly half an acre lot with side street access
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,411
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Large multi-family and single-family zoning lot with bay views, side-street access, and potential bridge views.
Where is this waterfront land located?
The property is located at 5900 Southwest 12th Street Newport, OR.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Large multi‑family and single‑family zoning lot in the Newports Bay District; Bay views, with possible bridge view subject to tree clearing; Nearly half an acre lot with side street access
