Ad #8004982
MLS #26-1511
Established 10-unit multifamily investment property in the heart
213 NE 7th St, Newport, OR 97365
$1,950,000
--Beds
20Baths
15,944Sqft
0.11Acres
About this property
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.
Property Features
0 Beds
20 Baths
15,944 Sqft
Built in 1990
0.11 Acres
3 Stories
Garage - Attached
Composition Roof
Electric (Heating)
$17,224 / yr property tax
Lincoln County
Phelps - Newport Community
Additional Photos
Contact Information
Doretta L Smith
Martek Real Estate
541-961-6688
Location
Listing Agent: Doretta L Smith (License #: 200707030) 541-961-6688
Broker: Martek Real Estate 541-961-6688 Listing Site
Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Martek Real Estate 541-961-6688 Listing Site
Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 11, 2026
Photo Gallery
$1,950,000
--
Beds
20
Baths
15,944
Sqft
213 NE 7th St, Newport, OR 97365
By contacting this agent you agree to these Terms and Conditions.
MLS# 26-1511
Established 10-unit multifamily investment property in the heart
$1,950,000
213 NE 7th St, Newport, OR 97365
--
Beds
20
Baths
15,944
Sqft
0.11
Acres
$1,950,000
213 NE 7th St, Newport, OR 97365
-- Beds
20 Baths
15,944 Sqft
0.11 Acres
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.
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Property Details
HOME DETAILS
0 Beds
20 Baths
15,944 Sqft
Built in 1990
0.11 Acres
3 Stories
EXTERIOR
Garage - Attached
Composition Roof
INTERIOR
Electric (Heating)
FINANCIAL & COMMUNITY
$17,224 / yr property tax
Lincoln County
Phelps - Newport Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
8004982
Viewed
44 times
Listing Status
Active
Added
Jun 26, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Oregon Coast MLS
Source Property ID
26-1511
Listing Agent: Doretta L Smith (License #: 200707030) 541-961-6688
Broker: Martek Real Estate 541-961-6688 Listing Site
Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Martek Real Estate 541-961-6688 Listing Site
Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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