213 NE 7th Street, Newport, OR 97365
sale
$1,950,000
|
Other
Courtesy Of Martek Real Estate
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 Features
- Age: 31-40 Years Old
- Amenities: Cable Ready
- Floors: 3
- Heating System: Electric (Heating)
- MLSID: 26-1511
- Roof Type: Composition
- Rooms: Bathroom 8
- Rooms: Bathroom 9
- Rooms: Bathroom 6
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 14
- Rooms: Bathroom 13
- Rooms: Bathroom 16
- Rooms: Bathroom 15
- Rooms: Bathroom 10
- Rooms: Bathroom 20
- Rooms: Bathroom 12
- Rooms: Bathroom 11
- Rooms: Bathroom 1
- Rooms: Bathroom 18
- Rooms: Bathroom 17
- Rooms: Bathroom 19
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