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11 Baths
15,944 sqft

$1,950,000

213 NE 7th Street, Newport OR, 97365

Price per sqft$122.30
Built in1990
Property size15,944 sqft
Property typeCommercial

Overview

Active

Listed Jun 1, 2026

Updated Jul 29

Established 10-unit multifamily investment property in the heart of Newport, designed for investors seeking scale, tenant appeal, and long-term income potential. Centrally located near shopping, services, employment centers, and the amenities that support year-round rental demand, this well-maintained property features nine 2-bedroom units and one 3-bedroom unit, offering a unit mix that appeals to a broad range of tenants. A standout feature is the inclusion of off-street garages for every unit—an amenity not commonly found in many multifamily properties and one that can contribute to tenant satisfaction and retention. Situated on a corner lot with public utilities and easy access throughout Newport, the property has been professionally maintained and offers a straightforward ownership opportunity for investors seeking an established asset rather than a major renovation project.

Additional information

MLS® ID
26-1511

Interior Features

Bathrooms
11
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$17,224
Tax Frequency
Annually
Garage
Yes

 

Courtesy of Martek Real Estate

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sand + Cedar Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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