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540 NW 56th Street

Newport, OR 97365
  • $650,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 25-414
UPDATED: 38 min ago
$650,000
  • 3
    BEDS
  • 0.18
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,716
    SQFT
  • $379
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Description

Charming Coastal Retreat with Rental Potential. Welcome to your dream coastal escape! This versatile 3-bedroom, 3-bathroom home is designed for flexibility--whether you're looking for a full-time rental opportunity, a beach getaway, or a combination of both. With two separate living spaces, each featuring its own private entrance and dedicated washer & dryer, this property is perfect for those seeking income potential and coastal convenience. Inside, you'll find rich hardwood floors in the living room, complemented by abundant natural light that enhances the home's warmth. The fully fenced-in yard offers safety for your furry friends, and space for outdoor enjoyment-whether you're sipping your morning coffee or hosting a summer BBQ. A concrete pad in the courtyard is ready for a hot tub!ocation is everything, and this home delivers-just a short stroll to beach access, making it easy to enjoy ocean breezes, sandy toes, and unforgettable sunsets. The possibilities are endless-don't miss out on this rare investment-meets-lifestyle opportunity! Zoned R-2, you have the ability to add a full kitchen to the above garage studio, and make sure to check with the city about Short Term Rental options for owner-occupied properties! Schedule a tour today and see how this property can work for you.

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© 2025 Lincoln County Multiple Listing Service, Inc. All rights reserved. IDX information 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Coho Realty. Data last updated: 2025-04-17T12:37:01.01.
www.coho.realty/homes/161264135
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540 NW 56th Street Newport, OR 97365

  • Price: $650,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 38 min ago
  • MLS #: 25-414
3
Beds
3
Baths
0
½ Baths
0.18
Acres
1,716
SQFT
$379
$/SQFT
1955
Built
Neighborhood:
Agate Beach
County:
Lincoln
Area:
Newport/South Beach
Property Description
Charming Coastal Retreat with Rental Potential. Welcome to your dream coastal escape! This versatile 3-bedroom, 3-bathroom home is designed for flexibility--whether you're looking for a full-time rental opportunity, a beach getaway, or a combination of both. With two separate living spaces, each featuring its own private entrance and dedicated washer & dryer, this property is perfect for those seeking income potential and coastal convenience. Inside, you'll find rich hardwood floors in the living room, complemented by abundant natural light that enhances the home's warmth. The fully fenced-in yard offers safety for your furry friends, and space for outdoor enjoyment-whether you're sipping your morning coffee or hosting a summer BBQ. A concrete pad in the courtyard is ready for a hot tub!ocation is everything, and this home delivers-just a short stroll to beach access, making it easy to enjoy ocean breezes, sandy toes, and unforgettable sunsets. The possibilities are endless-don't miss out on this rare investment-meets-lifestyle opportunity! Zoned R-2, you have the ability to add a full kitchen to the above garage studio, and make sure to check with the city about Short Term Rental options for owner-occupied properties! Schedule a tour today and see how this property can work for you.
Exterior Features

External Features Parking Spaces 3.00 Foundation Slab Frontage None Garage Type Attached Levels Two Roof Composition Siding Cedar Street Surface Paved Style Traditional

Interior Features

Basement No Ceiling Flat Flooring CarpetTileWood Heating Cooling Electric Internal Features DishwasherRefrigeratorWindow Coverings Internal Features Range Oven Gas Internal Features Washer Dryer Electric Internal Features Water Heater Electric

Property Features

3rd Party Approval No Association No Bank Lender Owned No CCAnd Rs No Electric On Property Frontage View Remarks Small ocean peeks from upstairs deck Gas On Property Hwy101 West Side Primary View None Secondary View None Sellers Terms 1031CashConventionalFHAVA Sewer City Short Sale No Tax Year 2024 Taxes 3802.72 Water City Zoning R-2 Residential

© 2025 Lincoln County Multiple Listing Service, Inc. All rights reserved. Listing provided courtesy of Martek Real Estate: (541) 265-8785.


© 2025 Lincoln County Multiple Listing Service, Inc. All rights reserved. IDX information 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Coho Realty. Data last updated: 2025-04-17T12:37:01.01.
 
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