550 SW 3rd Street, Newport, OR 97365

Building Details

Year Built

1973

Listing office Mishey Real Estate

Listing date Jun 15, 2026

Source Crexi

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Overview

This well-kept six-plex multifamily property offers a straightforward rental building configuration with multiple residential units under one ownership. The property is described as well maintained, and the units include some ocean views, adding an appealing residential feature.

Located at 550 SW 3rd Street in Newport, Oregon, the building is positioned in the city for day-to-day accessibility. The listing notes a good rental history, which can be an important consideration for buyers seeking an income-producing residential property.

As a for-sale apartment building, this sixplex may fit investors and owner-operators looking for a small, manageable multifamily asset. With ocean views noted in the offering and an established rental performance history reported by the seller, it provides a practical option for those evaluating residential income opportunities. Buyers are encouraged to review unit-level details, current lease terms, and any condition information during due diligence.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Newport

County

Lincoln

State

Oregon

Longitude

-124.062608

Latitude

44.63446

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FAQs

What type of property is this?

Apartment building - For sale sixplex with reported strong rental performance and some ocean view potential.

Where is this apartment building located?

The property is located at 550 SW 3rd Street Newport, OR.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: Six‑plex built in 1973; Some ocean views reported; Good rental history reported