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Listed by Kelly Right Real Estate of Portland, LLC
$650,000
Est. payment /mo
Active
1218 NW LAKE ST Newport, OR 97365
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Ocean View
MLS Listing ID 597429344
Year Built 1969
Annual Tax Amount $4,959
Tax Year 2025
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.
Location
State OR
County Lincoln
Area _200
Zoning R-2
Rooms
Basement Crawl Space
Interior
Heating Wall Heater
Cooling None
Exterior
Roof Type Shingle
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Schools
Elementary Schools Yaquina View
Middle Schools Newport
High Schools Newport
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
NEARBY SCHOOL & BUSINESS
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