550 SW 3rd St

100 Sq. Ft.
$13,000 / Sq. Ft.
100
Sq. Ft.
$13,000
per Sq. Ft.

Description

Well kept six plex. Some ocean views. Good rental history.Well kept six plex. Some ocean views. Good rental history.
  1. Listed by Woody Ouderkirk • Brokerage DRE #780100795 • Mishey Real Estate
    P: (541)-265-2281 C: (541)-961-1128 woody@misheyrealestate.com

Property Details for 550 Southwest 3rd Street

Architectural Style
Other
Subdivision Name
Bayley and Case's
View
Other, Ocean
Has View
Yes
Has Waterfront
No
Zoning
R-3 Residential
LISTING UPDATED: 06/22/2026 12:53 PM

Property Details for 550 Southwest 3rd Street

StatusActive
MLS #26-1647
Days on Market13
Taxes$10,792 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1973
Lot Size0.29 AC / 12,632 SF
CountyLincoln County

Location

Listing Courtesy of Mishey Real Estate
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Building Information for 550 Southwest 3rd Street

Stories-Residences6Year Built1973Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$7,377 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,478

Property Taxes

$899

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 550 Southwest 3rd Street

Summary
Location and General Information
  • Carrier Route: C002
  • Cross Street: SW Elizabeth
  • Directions: West off Hwy 101 to SW Elizabeth. Corner of SW 3rd and Elizabeth.
  • Latitude: 44.634413
  • Longitude: -124.063023
  • Senior Community: No
  • Water Body Name: Pacific Ocean
Taxes and HOA
  • Association: No
  • Parcel Number: 111108BC-501-00
  • Tax Annual Amount: $10,791.57
  • Tax Block: 73
  • Tax Lot: 501
  • Tax Map Number: 111108BC
  • Tax Year: 2025
Parking
  • Attached Garage: No
  • Carport Spaces: 5.0
  • Carport: Yes
  • Garage: No
  • Parking Features: Off Street
  • Parking Total: 5.0
Property
Lot Information
  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Size Units: Acres
  • Lot Size Dimensions: Irrg.
  • Lot Size Square Feet: 12632.4
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 100.0
  • Building Area Total: 7056.0
  • Land Lease: No
  • Living Area: 100.0
  • New Construction: No
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1973
Building Features
  • Number Of Buildings: 1
  • Construction Materials: Cedar
  • Foundation Details: Concrete Perimeter
  • Levels: Two
  • Roof: Composition
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Partial
  • Private Pool: No
Interior Features
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Has Basement: No
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Has Cooling: No
  • Flooring: Carpet, Laminate
  • Heating: Baseboard, Electric
  • Has Heating: Yes
  • Has Spa: No
Multi Family
Multi Family Information
  • Number Of Units Leased: 5
  • Number Of Units Total: 6

Property History for 550 Southwest 3rd Street

DateEvent & SourcePriceAppreciation
Jun 15, 2026

Listed (Active)

Lincoln County Board of REALTORS #26-1647

$1,300,000
DateEvent & SourcePrice
06/15/2026

Listed (Active)

Lincoln County Board of REALTORS #26-1647

$1,300,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 550 Southwest 3rd Street

Taxable ValueLand-Additions-Total-
Tax Record2025$10,792 ($899 / month)
Home Facts
Total Finished SqFt7,056 SqFtAbove Grade Finished SqFt7,056 SqFtLot Size12,632 SqFtStyleMulti-Family Res (5+ Units)Year Built1973ZoningR-3;MEDIUM DECountyLINCOLNAPN11-11-08-BC-00501-00

Schools near 550 Southwest 3rd Street

This home is within Lincoln County School District.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 12
Public - 9 to 12
Public - K to 2
Rating
School
Distance
Sam Case Elementary
Public3 to 5

Compass K-12 Online School
Public6 to 12

Newport High School
Public9 to 12

Sam Case Elementary School
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

550 Southwest 3rd Street is a multi-family home for sale in Newport, OR 97365. This property was listed for sale on June 15, 2026 by Mishey Real Estate, it's currently listed at $1,300,000. This listing's school district is Lincoln County School District. Nearby schools include Sam Case Elementary, Compass K-12 Online School and Newport High School. 550 Southwest 3rd Street is a 2-bed, 1-bath, 100 sqft multi-family home built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mishey Real Estate

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