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$649,000

Listing Price

3beds

2baths

1,741sqft

3,920sqft lot

561 W Olive St, Newport, OR 97365

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

372.77

Price / sqft

2007

Year built

Home Details

Endless possibilities await with this versatile property just moments from Newport's beloved Nye Beach. Whether you're searching for a full-time residence, multigenerational living arrangement, or an opportunity to offset expenses with separate living quarters, this unique home offers flexibility to fit a variety of lifestyles. The property features two distinct living spaces with interior access between the two. The main unit offers 2 bedrooms, 1 bathroom, and its own laundry area, while the second unit includes 1 bedroom and 1 bathroom, creating the perfect setup for extended family, guests, or additional living space. The upper unit boasts a spacious deck where you can relax and enjoy coastal sunsets and refreshing sea breezes. Situated on a large corner lot, the home offers a generous yard with plenty of room for gardening, outdoor entertaining, or simply enjoying the coastal surroundings. A spacious two-car garage provides ample storage and parking. Recent updates include fresh interior paint and new flooring, giving the home a clean, refreshed feel and making it move-in ready. Conveniently located near beach access, schools, shopping, dining, and all the charm that Nye Beach has to offer, this is a rare opportunity to enjoy flexible coastal living in one of Newport's most sought-after locations. Whether you're looking to live together while maintaining privacy, accommodate extended family, or simply enjoy extra space, this property is one you won't want to miss. Buyer t

Interior Details

Square Feet
  • 1741

Bedrooms
  • 3

Bathrooms
  • 2

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Floor/wall Furnace

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Wall Unit

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    Unfinished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 3920

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Attached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    3

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Other (not Classified)

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Composition Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$4,635

$0

$0

--%

$251,390

2019

$4,436

$0

$0

--%

$244,070

2018

$4,300

$0

$0

--%

$236,970

2017

$4,262

$0

$0

--%

$230,070

2016

$4,171

$0

$0

--%

$223,370

2014

$3,780

$0

$0

--%

$210,560

2013

$3,585

$0

$0

--%

$204,430

2012

$3,441

$0

$0

--%

$198,480

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Average Home Price in 97365

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Zip Code

Price

Bed

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Sqft

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Sold Date

$380,214

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3 Beds

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Sold 10/06/2026

$472,937

3 Beds

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Sold 10/06/2026

$553,386

3 Beds

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1,862 Sqft

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Sold 10/06/2026

$520,000

2 Beds

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2,614 Lot (sqft)

Sold 10/06/2026

$629,500

3 Beds

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1,599 Sqft

2,614 Lot (sqft)

Sold 09/29/2026

$649,000

3 Beds

2 Baths

1,741 Sqft

3,920 Lot (sqft)

Sold 10/05/2026

$674,900

3 Beds

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1,511 Sqft

6,534 Lot (sqft)

Sold 09/29/2026

$725,000

3 Beds

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1,564 Sqft

4,356 Lot (sqft)

Sold 10/06/2026

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
649,000
$
Down payment
129,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,894
$
HOA (Monthly)
0
$
PMI
0
$
$4,201
Your Payment
Total Monthly Payment:$4,201
Percent of Income:72%
Affordable:No

Details for 561 W OLIVE ST

Property Debt

Foreclosure Contact Details