16 NW Brook, Newport, OR 97365
Local realty services provided by:Knipe Realty ERA Powered
16 NW Brook,Newport, OR 97365
$525,000
- 4 Beds
- 3 Baths
- 1,695 sq. ft.
- Multi-family
- Active
Listed by: deanna christine watkins
Office: windermere west coast properties
MLS#:26-1319
Source:OR_LCBR
Price summary
- Price:$525,000
- Price per sq. ft.:$309.73
About this home
Excellent turnkey income property in the Nye Beach overlay district with a short walk to Nye Beach shops, restaurants and beach access. Unit 3 currently leased long term & 2 vacant and ready for immediate rent at current market rates. Key features & recent updates New roof (2023) Foundation and sewer line repaired; plumbing and insulation with vapor barrier completed Newer windows throughout Units 1 & 3: new LVP flooring and fresh interior paint Unit 3: new stackable washer/dryer and new pellet stove (2025) Water heaters newer in Units 1 & 3 Newer refrigerators in all units Electrical upgrades across ~75% of the property; updated panels in Units 1 & 3 Heating: baseboard heat plus cadet heaters in each unit; Unit 3 also has pellet stove heat Proximity: walking distance to Nye Beach shopping & dining; only a couple blocks to beach access. Great value-add opportunity with recent capital improvements already completed. Contact for rent roll, expenses, vacancy history and to schedule a showing....
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Home facts
- Year built:1930
- Listing ID #:26-1319
- Added:48 day(s) ago
- Updated:July 03, 2026 at 08:08 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Laminate
- Kitchen Description:Disposal, Electric Range, Microwave, Refrigerator
- Basement Description:Concrete Perimeter, Crawl Space
- Living area:1,695 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1930
- Building area:1,695 sq. ft.
- Lot area:0.1 Acres
- Construction Materials:HardiPlank Type
- Foundation Description:Concrete Perimeter, Crawl Space
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$525,000
- Price per sq. ft.:$309.73
- Tax amount:$2,000 (2025)
Features and amenities
- Appliances:Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater
- Laundry features:Dryer, Washer
- Amenities:Double Pane Windows, Vinyl Frames, Window Treatments
Parking
- Total parking spaces:1
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