About 637 Sw 9th Street
A prime investment opportunity featuring six fully occupied units. Five of the units offer 2 bedrooms and 1 bathroom each, while the sixth unit offers 3 bedrooms, 2 bathrooms, and washer and dryer hookups. The property includes a common area coin-operated laundry for the convenience of the five smaller units. The exterior of the complex is enhanced with durable Hardi-Plank siding. Recent upgrades include the replacement of the garage roofs in 2023, as well as a complete repainting of the entire complex the same year. The main roof for the units was replaced approximately 5-7 years ago, ensuring long-term durability. For parking, the property provides eight single-stall car garages and an additional ninth oversized garage stall. Inside, the units feature a mix of carpet and linoleumflooring, with some units upgraded to luxury-vinyl plank flooring. Please note, no showings will be scheduled prior to an accepted offer. This fully occupied property is a turnkey investment ready for new ownership.
Features of 637 Sw 9th Street
| MLS® # | 24-1877 |
|---|---|
| Price | $1,325,000 |
| Bedrooms | 13 |
| Bathrooms | 7.00 |
| Square Footage | 7,560 |
| Acres | 0.29 |
| Year Built | 1992 |
| Type | Multi-Dwelling |
| Style | Traditional |
| Status | Closed |
| Sold Price | $1,100,000 |
| Sold Date | March 28th, 2025 |
Community Information
| Address | 637 Sw 9th Street |
|---|---|
| Area | Newport |
| Subdivision | Bayley and Case's |
| City | Newport |
| County | Lincoln |
| State | OR |
| Zip Code | 97365 |
Amenities
| Parking Spaces | 9 |
|---|---|
| # of Garages | 7 |
| Garages | Attached |
| View | None |
| Is Waterfront | No |
| Waterfront | None |
Interior
| Heating | Forced Air, Gas |
|---|---|
| Has Basement | No |
Additional Information
| Date Listed | August 21st, 2024 |
|---|---|
| Zoning | R-4 Residential |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Dennis M Regen |
|---|---|
| Office | Taylor & Taylor Realty Company |