16 NW Brook, Newport, OR 97365

Newport
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
16 NW Brook,Newport, OR 97365
$525,000
  • 4 Beds
  • 3 Baths
  • 1,695 sq. ft.
  • Multi-family
  • Active
Listed by: deanna christine watkins
Office: windermere west coast properties
MLS#:26-1319
Source:OR_LCBR

Price summary

  • Price:$525,000
  • Price per sq. ft.:$309.73

About this home

Excellent turnkey income property in the Nye Beach overlay district with a short walk to Nye Beach shops, restaurants and beach access. Unit 3 currently leased long term & 2 vacant and ready for immediate rent at current market rates. Key features & recent updates New roof (2023) Foundation and sewer line repaired; plumbing and insulation with vapor barrier completed Newer windows throughout Units 1 & 3: new LVP flooring and fresh interior paint Unit 3: new stackable washer/dryer and new pellet stove (2025) Water heaters newer in Units 1 & 3 Newer refrigerators in all units Electrical upgrades across ~75% of the property; updated panels in Units 1 & 3 Heating: baseboard heat plus cadet heaters in each unit; Unit 3 also has pellet stove heat Proximity: walking distance to Nye Beach shopping & dining; only a couple blocks to beach access. Great value-add opportunity with recent capital improvements already completed. Contact for rent roll, expenses, vacancy history and to schedule a...

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Home facts

  • Year built:1930
  • Listing ID #:26-1319
  • Added:57 day(s) ago
  • Updated:July 11, 2026 at 06:34 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet, Laminate
  • Kitchen Description:Disposal, Electric Range, Microwave, Refrigerator
  • Basement Description:Concrete Perimeter, Crawl Space
  • Living area:1,695 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1930
  • Building area:1,695 sq. ft.
  • Lot area:0.1 Acres
  • Construction Materials:HardiPlank Type
  • Foundation Description:Concrete Perimeter, Crawl Space

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$525,000
  • Price per sq. ft.:$309.73
  • Tax amount:$2,000 (2025)

Features and amenities

  • Appliances:Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer, Water Heater
  • Laundry features:Dryer, Washer
  • Amenities:Double Pane Windows, Vinyl Frames, Window Treatments

Parking

  • Total parking spaces:1

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