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    Newport, OR Apartment Buildings for Sale

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    Toledo, OR Otter Rock, OR Seal Rock, OR Siletz, OR Depoe Bay, OR Waldport, OR Logsden, OR Blodgett, OR
    10-Unit Corner Multifamily Property
    Updated: May 29
    10-Unit Corner Multifamily Property

    213 NE 7th Street, Newport, OR 97365

    $1,950,000
    15,944 sqft 0.33 AC lot
    Established 10‑unit multifamily property (nine 2‑bedroom units and one 3‑bedroom unit)
    Off‑street garages included for every unit
    Corner lot location in Newport with public utilities
    Year built 1990
    Heating: electric; roof: composition shingle
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    This listing looks promising.

    Here's a quick look at some key insights for

    213 NE 7th Street, Newport, OR 97365

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    • Est. Cap Rate

      7%
      Above avg (5.9%)

    • Est. NOI

      $137K
      Annual

    • Price @ 7% Cap

      $1.95M
      Above asking

    • Property Type

      Apartments (Generic)
      Built 1990
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    Well-Kept Six-Plex Building
    Updated: Jun 15
    Well-Kept Six-Plex Building

    550 SW 3rd Street, Newport, OR 97365

    Contact for pricing
    7,056 sqft
    Six‑plex built in 1973
    Some ocean views reported
    Good rental history reported
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    Corner Lot 10-Unit Multifamily Property
    Corner Lot 10-Unit Multifamily Property

    213 NE 7th Street, Newport, OR 97365

    $1,950,000

    Established 10-unit apartment building with nine 2-bedroom units, one 3-bedroom unit, and off-street garages for every unit.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Newport, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Apartment Building with Partial Ocean Views
    Apartment Building with Partial Ocean Views

    Lincoln City, OR 97367

    $2,199,900
    6,713 sqft 0.22 AC lot

    Six residences with two bedrooms and 2.5 bathrooms each, under construction in zoning R-M.

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    New Construction Six-Unit Property
    New Construction Six-Unit Property

    305 Southeast Jetty Avenue, Lincoln City, OR 97367

    $2,199,900
    6,713 sqft

    New six-unit multi-family property with ocean views in Lincoln City.

    View details
    Multifamily Apartment Building
    Multifamily Apartment Building

    755 - 760 Northwest 21st Street, Corvallis, OR 97330

    $14,942,640

    Apartment community near campus with 90 off-street parking spaces and onsite laundry, with a RUBS policy recently implemented.

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    Corvallis Apartment Building Near OSU
    Corvallis Apartment Building Near OSU

    411 SW FIFTH ST, Corvallis, OR 97333

    Contact for pricing
    7,380 sqft

    Well-maintained 8-unit apartment building in downtown Corvallis.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

    View details
    Commercial Land with Freeway Exposure
    Commercial Land with Freeway Exposure

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

    View details
    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

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    Off-Market Properties in Newport, OR

    Consider similar Off-Market properties in Newport, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    208 7Th St
    Multifamily properties

    208 7Th St, Newport, OR 97365

    Value Estimation by Request
    7,168 sqft 0.36 AC lot
    View details
    1039 Grant St
    Multifamily properties

    1039 Grant St, Newport, OR 97365

    Value Estimation by Request
    2,720 sqft 0.17 AC lot
    View details

    Newport, OR Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Newport, OR, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 23,000 square feet of properties for sale, with an estimated market value of $3,900,000.

    Sale prices for two-family homes in Newport, OR average $1,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 13K
    Population Growth (5Y) +13.0%
    Median Household Income $64,477
    College Educated 46.5%

    High-Yield Neighborhoods for Investment

    Identify Newport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97365 $2M

    Taxes & Financing

    Tax Rate (average for all types) 1.80%
    Property Tax per SF $6.54 per SF
    Tax Rate vs County Average 0.12 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

    Total CRE Inventory on Market (SF)

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