1218 NW LAKE ST, Newport, OR 97365 | MLS #597429344 | Cascade Hasson Sotheby’s International Realty

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Listing provided courtesy of Kelly Right Real Estate of Portland, LLCMLS# 597429344MLS Provider
  • 144 days on site
  • 4 views

Multifamily home two blocks from the ocean! This well cared for, 3 unit property, features two recently remodeled units and fresh exterior paint, creating a bright and updated coastal feel. All units are currently leased, offering immediate income in a highly desirable location. This is a great opportunity to own a coastal three-unit property with in-place income, strong rental history, and and long-term potential.

Source: Regional MLS, MLS#: 597429344

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  • Property Type
    Residential Income

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  • Median Age
    46
  • Population Density
    252
  • College Educated
    38%
  • Estimated Median Income
    $49,529
  • Estimated Total Home Owners
    2,693
  • Estimated Total Renters
    2,073
  • Owner / Renter Divide
    57% / 43%
  • Estimated Average Household Size
    2
  • Total Population
    11,338
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

History

Date Event Value Agent
2/5/2026Source: Regional MLS Added to Database
February 05, 2026