246 NE 3rd, Newport, OR 97365

Newport
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
246 NE 3rd,Newport, OR 97365
$795,000
  • 6 Beds
  • 4 Baths
  • 2,992 sq. ft.
  • Multi-family
  • Active
Listed by: michael t burkhard, sonja s. lovas
Office: martek real estate
MLS#:26-2681
Source:OR_LCBR

Price summary

  • Price:$795,000
  • Price per sq. ft.:$265.71

About this home

Exceptional opportunity to own a cash-flowing 4-plex featuring a highly desirable, easy-to-rent unit mix. This well-maintained residential income property comprises two spacious 2-bedroom units and two comfortable 1-bedroom units, perfectly catering to a wide variety of coastal tenants. Totaling 2,984 sq. ft. of living space, the building is situated on a low-maintenance lot.

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Home facts

  • Year built:1978
  • Subdivision & Development:Fredericksburg
  • Listing ID #:26-2681
  • Added:1 day(s) ago
  • Updated:October 06, 2026 at 11:42 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Tile, Vinyl
  • Kitchen Description:Dishwasher, Electric Range, Refrigerator
  • Basement Description:Concrete Perimeter
  • Living area:2,992 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1978
  • Building area:2,992 sq. ft.
  • Lot area:0.11 Acres
  • Architectural Style:Traditional
  • Construction Materials:T1-11 Type, Wood Frame
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$795,000
  • Price per sq. ft.:$265.71
  • Tax amount:$5,240 (2025)

Features and amenities

  • Appliances:Dishwasher, Electric Range, Refrigerator, Water Heater

Parking

  • Total parking spaces:4

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