334 SW 9th Street, Newport, OR 97365
Commercially zoned multi-unit property in Newport's art district.
- Added:
- Jan 27, 2026
- Days on Market:
- 152
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 334 SW 9th Street
General Information
- Standard status
- Active
- Size
- 2,289 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1910
Listing office Oregon Life Homes
Listing date Jan 27, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Oregon Life Homes
HighLights
- Commercially Zoned Multi‑Unit Property
- Located in the Art District of Newport
- Large Lot, close proximity to Highway 101 and the Ocean
- Two Buildings, each with two 1 bed 1 bath units
- Excellent Income or Development Opportunity
- Off Street Driveway Parking and Public Parking Access
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.6k | $13.80 |
| − Vacancy | −$1.1k | −$0.49 |
| EGI | $30.5k | $13.31 |
| − OpEx | −$9.1k | −$3.99 |
| NOI | $21.3k | $9.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.055383
- Latitude
- 44.633064
