# 550 SW 3rd Street, Newport, OR 97365

> **TL;DR:** 2bd/1ba residential multi family, $1,300,000 ($184/sqft), built 1973, 7,056 sqft. Est. $6,953/mo. Listed 141 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,300,000 |
| Price/sqft | $184 |
| Bedrooms | 2 |
| Bathrooms | 1 full |
| Square Feet | 7,056 |
| Year Built | 1973 |
| Lot Size | 12,632 sqft (0.29 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 141 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $6,574 |
| Estimated Insurance | $379 |
| **Total** | **$6,953** |

## Property Highlights

- Built in 1973
- 0.29 acre lot
- 2 stories
- 5 parking spaces

## Description

### Agent Description
Well kept six plex. Some ocean views. Good rental history.

## Location

- **Address:** 550 SW 3rd Street, Newport, OR 97365
- **County:** Lincoln
- **Neighborhood:** Bayley and Case's
- **Coordinates:** 44.634456, -124.063034
- **Google Maps:** https://www.google.com/maps?q=44.634456,-124.063034

## Listing Agent

- **Name:** Woody Ouderkirk · **License:** 890400094
- **Brokerage:** Mishey Real Estate
- **Broker Phone:** 5412652281
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/550-SW-3rd-St_Newport_OR_97365_M90442-01086?f=listhub&s=LCMLSOR-26&m=1647&c=propsimple)

## Photos

![550 SW 3rd Street - Photo 1](http://lh.rdcpix.com/e39078ab005b1d573b23063d8ca0a73bl-f4164281833r.jpg)

![550 SW 3rd Street - Photo 2](http://lh.rdcpix.com/e39078ab005b1d573b23063d8ca0a73bl-f1071339151r.jpg)

---

**MLS#:** 26-1647 | **Updated:** 2026-11-01
**Source:** listhub

*Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/550-sw-3rd-street-newport-or-97365-2eb3ed591a1c4526ac4d6dad0e91f96a)

---

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