551 NW Brook Street #1-6, Newport, OR 97365

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551 NW Brook Street #1-6,Newport, OR 97365
$1,250,000
  • 12 Beds
  • 6 Baths
  • 4,818 sq. ft.
  • Multi-family
  • Active
Listed by:casey o'callaghan
Office:martek real estate
MLS#:25-1500
Source:OR_LCBR

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$259.44

About this home

Oceanview 6-Plex Perched above Newport's beloved Nye Beach district, this solid, well-kept multiplex offers ocean views from every unit and a location that puts sand, surf, shops, and restaurants all within easy reach. Each of the six 2-bedroom, 1-bath units includes a private ocean-facing deck, covered parking, and individual storage. A large shared utility room features coin-op machines. Already separated into legal condominium units, this is a rare chance to take a stable coastal property and turn it into something more-whether that's selling off units individually, refreshing them one by one, or simply holding as a long-term play with flexibility down the road. All appliances are included.

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Home facts

  • Year built:1972
  • Listing Id #:25-1500
  • Added:44 day(s) ago
  • Updated:July 26, 2025 at 02:29 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:4,818 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Roof:Composition
  • Year built:1972
  • Building area:4,818 sq. ft.
  • Lot area:0.29 Acres

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$259.44
  • Tax amount:$11,875