$650,000

1218 Nw LAKE St, Newport, OR 97365

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1969
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Active
Date Added:
February 5, 2026
Data Last Updated:
April 5, 2026 at 6:40AM
Listing Office:
Kelly Right Real Estate of Portland, LLC : 503-719-6056
Listing Agent:
Dustin Miller : 503-927-0181
MLS ID:
597429344
  • Basement: Crawl space
  • A/C: None
  • Heating: Wall heater
  • General: Cedar
  • Parking: DrivewayOff streetParking spaces: 2
  • Roofing: Shingle
  • Road/Access: Paved
  • Originating MLS: Regional Multiple Listing ServiceInc.
  • County: Lincoln
  • Zoning: R-2PROPERTY ID R361500 OCEANVIEWBLOCK 31LOT 8-10PTNS OFDOC202R361500
  • Water: Public water
  • Sewer: Public sewer
  • Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Dustin Miller , Kelly Right Real Estate of Portland, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

Y

Yaquina View Elementary School

351 SE Harney St, Newport, OR, 97365

Grades KG-2

1.12 miles away

N

Newport Middle School

825 NE 7th St, Newport, OR, 97365

Grades 6-8

0.81 miles away

N

Newport High School

322 NE Eads St, Newport, OR, 97365

Grades 9-12

0.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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