Corner Lot 10-Unit Multifamily
213 NE 7th Street Newport, OR 97365
For Sale
$1,950,000
Established 10-unit apartment building with nine 2-bedroom units, one 3-bedroom unit, and off-street garages for every unit.
Days on Market55
Property Features for 213 NE 7th Street
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1990
Listing Agency:
Martek Real Estate
(541) 961-6688
Listed By:
Doretta L Smith · License #200707030
(541) 961-6688
Source:
Martekrealestate
Added: Jun 1
Changed: Jul 24
Last Checked: Jul 24 at 4:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Martek Real Estate
Investment Insights
Based on property information with market context.
This established 10-unit multifamily property consists of nine 2-bedroom units and one 3-bedroom unit. A standout feature is that off-street garages are provided for every unit, supporting day-to-day tenant convenience. The property is described as professionally maintained and positioned as an ownership opportunity in place of a major renovation project.
The building sits on a corner lot with public utilities and easy access throughout Newport, OR. It is presented as centrally located near shopping, services, and employment centers.
For investors seeking a straightforward income-oriented asset with an attractive unit mix, the property’s garage amenity and maintained condition are key practical considerations.
The building sits on a corner lot with public utilities and easy access throughout Newport, OR. It is presented as centrally located near shopping, services, and employment centers.
For investors seeking a straightforward income-oriented asset with an attractive unit mix, the property’s garage amenity and maintained condition are key practical considerations.
Key Highlights
- Established 10‑unit multifamily apartment building built in 1990
- Unit mix: nine 2‑bedroom units and one 3‑bedroom unit
- Off‑street garages for every unit
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Established 10-unit apartment building with nine 2-bedroom units, one 3-bedroom unit, and off-street garages for every unit.
Where is this apartment building located?
The property is located at 213 NE 7th Street Newport, OR.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Established 10‑unit multifamily apartment building built in 1990; Unit mix: nine 2‑bedroom units and one 3‑bedroom unit; Off‑street garages for every unit
