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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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