Courtesy: Kelly Right Real Estate of Portland, LLC
503-719-6056
Multifamily home two blocks from the ocean! This well cared for, 3 unit property, features two recently remodeled units and fresh exterior paint, creating a bright and updated coastal feel. All units are currently leased, offering immediate income in a highly desirable location. This is a great opportunity to own a coastal three-unit property with in-place income, strong rental history, and and long-term potential.
Courtesy: Cascade Hasson Sotheby's International Realty
503-420-8650
TWO OCEAN VIEW homes across from OCEANFRONT! Located in Newport's Nye Beach District with beach access across the street. Unique opportunity with two updated homes on one corner lot. Larger 2-story home is 1836 sf, 3-bedrooms, 2-baths and a 3-car garage! Lower bedroom/office has private exterior entrance. Smaller 1-story home is 794 sf, 2-bedrooms, 1 bath. Both homes have ocean view decks and are conveniently located near shopping, restaurants, and beach access.
Courtesy: RE/MAX Integrity
541-791-2000
Exceptional Investment Opportunity – 10-Unit Complex in the Heart of Newport!Discover a rare opportunity to own a well-maintained 10-unit apartment complex ideally situated in the heart of Newport. Each 1-bedroom, 1-bathroom unit features a refrigerator, electric range/stove, and private back deck—perfect for tenants seeking comfort and convenience near coastal amenities. The property offers 6 covered carports plus 4 additional parking spaces, along with an on-site laundry facility for tenant ease. Property includes 3 storage spaces: the biggest one is 17'x28'; 2nd is 8'x12', and the 3rd is 8'x9'. Just a few blocks from Nye Beach. Rent includes water and garbage services, a 6% cap rate and a strong history of full occupancy, this is a proven income-producing property that rarely sees turnover.
Accepted Offer with Contingencies. Rare four unit property in downtown Newport. Great space to increase your portfolio or owner occupied. Three units on the property, one stand alone 1 bed 1 bath house, a studio cottage, and duplex- 1 bed 1 bath (downstairs) and 2 bed 1 bath (upstairs). Interior updates on multiple units. Newer siding, roof, paint, plumbing and electrical. Individually metered. Tenants pay their own utilities. Close to downtown, shops and hospitals. Not approved for short term rental use.
Newport is located in Oregon. Newport, Oregon has a population of 10,305. Newport is more family-centric than the surrounding county with 19.54% of the households containing married families with children. The county average for households married with children is 18.44%.
The median household income in Newport, Oregon is $52,897. The median household income for the surrounding county is $54,961 compared to the national median of $69,021. The median age of people living in Newport is 47.9 years.
The average high temperature in July is 68.5 degrees, with an average low temperature in January of 39.6 degrees. The average rainfall is approximately 76.9 inches per year, with 0.7 inches of snow per year.
