$889,000

1127 SW Abbey St Newport, OR 97365

$10,000
Closing credit¹
0.2 acres
House

Property details

About 1127 SW Abbey St

A 7-bedroom, 5-bath, four-unit property that offers a hilltop location in Newport. The property is located near the hospital and Bayfront. Currently, Fully leased, providing rental income. The property has been well-maintained, including a new roof installed in 2023, featuring a composition roof on the main building and a membrane roof over the apartments. With 6 parking spaces, a dedicated garbage area, and a shared laundry room, it ensures both convenience and practicality for tenants. The units consist of a spacious 3-bedroom, 2-bath unit, a ground-floor 1-bedroom, 1-bath unit with a den, a 2-bedroom, 1-bath unit, and a studio. Additionally, the sale includes a contiguous 5,000 square foot lot, offering excellent potential for future development or expansion. Buyer to perform Due Diligence with the City of Newport.Showings will only be scheduled with an accepted offer. Buyer to assume all tenants at close of escrow. Please note the property is listed below the RMV with county is $1,050,600 for both tax accounts.

Highlights

Home typeOther
HeatingBaseboard
StatusActive
Lot size0.22 Acres
Year built1935
ParkingDriveway
MLS #24249787
ViewBay, Ocean

Summary

  • MLS Number: 24249787
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Taylor & Taylor Realty Co.
  • Office Phone: (541) 994-9111
  • Listing Agent: Dennis Regen, Korey Hazard

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 1:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade

$889,000

1127 SW Abbey St

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$401,160$7,280
2022$389,480$7,056
2021$378,140$7,056
2019$356,440$6,479
2018$346,060$6,280
2017$335,990$6,224

History based on county public records data.

Nearby schools

6

Sam Case Elementary School

Public District 3-5

1.3 mi

459 NE 12th St

6

Toledo Elementary School

Public District KG-6

6.8 mi

600 SE Sturdevant Rd

6

Crestview Heights School

Public District KG-6

15.4 mi

3000 Crestline Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,986. Typical income of Newport, OR residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

31%
<35k
42%
35k-100k
26%
100k-200k
1%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
13%
Single, with Kids
28%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
4%
12-17 yrs old
26%
18-34 yrs old
40%
35-64 yrs old
20%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Pro WrestlingPro Wrestling
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • KmartKmart
  • Family DollarFamily Dollar
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Dominos PizzaDominos Pizza
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • BuickBuick
  • FordFord
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1127 SW Abbey St

This home is located at 1127 SW Abbey St in Newport, OR and zip code 97365 in the Bayfront neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 8, 2025 and is currently priced at $889,000.

In February 2025, from all listings sold in Newport, OR there were more than 0 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Newport, OR did not change between January and February 2025. While the average time on the market in February 2025 was 117 days, the median list price was $458,000.

From Rocket Homes Real Estate and based on county public records data.

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