1218 NW Lake St, Newport, OR 97365

Newport
Local realty services provided by:ERA Freeman & Associates, Realtors
1218 NW Lake St,Newport, OR 97365
$650,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: dustin miller, amirah fattom
Office: kelly right real estate of portland, llc.
MLS#:597429344
Source:PORTLAND

Price summary

  • Price:$650,000

About this home

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.

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Home facts

  • Year built:1969
  • Listing ID #:597429344
  • Added:49 day(s) ago
  • Updated:March 19, 2026 at 11:26 AM

Rooms and interior

  • Basement Description:Crawl Space

Structure and exterior

  • Roof:Shingle
  • Year built:1969
  • Levels:1 Story

Schools

  • High school:Newport
  • Middle school:Newport
  • Elementary school:Yaquina View

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$650,000
  • Tax amount:$4,959 (2025)

Parking

  • Total parking spaces:2
  • Parking description:Driveway, Off Street
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than ERA Freeman & Associates, Realtors are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: March 19, 2026

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