1218 Nw Lake St, Newport, Oregon 97365

OR, Newport
$650,000
  • MultiFamily Property Type
  • 1969 Year Built
  • Active Status
Steven Meyer
Steven Meyer Realtyna
  • (302) 525 8222
  • Steven.m@realtyna.net
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
Property Description

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.

Basic Details
  • Property Type: MultiFamily
  • Listing Type: For Sale
  • Listing ID: 597429344
  • Price: $650,000
  • Year Built: 1969
  • Roof: Shingle
  • Office Name: Kelly Right Real Estate of Portland, LLC
  • Agent Name: Dustin Miller
  • Office Phone: 503-719-6056
  • Listing Status: Active
Features
  • Heating System Wall Heater
  • Cooling System None
  • Basement Crawl Space
  • Parking Driveway,Off Street
  • Sewer Public Sewer
Address Map
  • Country US
  • State OR
  • County Lincoln
  • City Newport
  • Zipcode 97365
  • Street: LAKE
  • Street Number: 1218
  • Street Suffix: ST
  • Longitude: W125° 56' 36.2''
  • Latitude: N44° 38' 45''
  • Zoning: R-2
  • Mls Area Major: _200
  • Street Dir Prefix: NW
Neighborhood
  • Elementary School: Yaquina View
  • High School: Newport
  • Middle School: Newport
Additional Information
  • Water Source: Public Water
  • Number Of Units Total: 3
  • On Market Date: 2026-02-05
  • Rent Includes: None
  • Stories: 1
Listing Information
  • Co List Agent Full Name: Amirah Fattom
  • Co List Office Name: Kelly Right Real Estate of Portland, LLC
  • Listing Term: Cash, Conventional, FHA
  • Mls Status: Active
  • Modification Timestamp: 2026-02-05T20:33:30Z
  • Originating System Name: RMLS
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Last updated on 02/18/2026 7:23