




7 Beds
3 Baths
2,720 sqft
$599,000
1039 NE Grant Street, Newport OR, 97365
Price per sqft$220.22
Built in1940
Property size2,720 sqft
Property typeMulti-family
Overview
Active
Listed Jul 9, 2026
Updated 6 days ago
Multiple Opportunities Await! This beautifully remodeled home has been thoughtfully converted into a versatile duplex, offering endless possibilities for homeowners and investors alike. Whether you're looking to generate excellent rental income, offset your mortgage by living in one unit while renting the other, create the perfect multi-generational living arrangement, or establish a spacious work-from-home setup, this property is designed to fit your lifestyle. The daylight basement also offers the potential for short-term rental use with the appropriate City permit. The main level features 1,710 square feet with 4 bedrooms and 1.5 bathrooms, showcasing fresh interior paint, new flooring, a completely updated kitchen, new appliances, beautifully remodeled bathrooms, and brand-new decks that create inviting outdoor living spaces. All appliances are included, including the washer and dryer, making this home truly move-in ready. The daylight basement offers an additional 990 square feet with 3 bedrooms and 1 bathroom, also featuring fresh paint, updated finishes, and its own comfortable living space—ideal for tenants, extended family, guests, or a home office. With separate living areas and countless options for use, this exceptional property is a rare opportunity to own a home that offers flexibility, functionality, and outstanding income potential.
$3,985/mo
Est. mortgage payment based on a $599,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 26-1895
Interior Features
- Bedrooms
- 7
- Bathrooms
- 3
- Fireplace
- Yes
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.17 Acres
Other Property Details
- Taxes
- $3,728
- Tax Frequency
- Annually
- 55+/Senior Community
- No
Courtesy of Coldwell Banker Professional Group - Newport
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