About This Home

This 4-bedroom, 3-bathroom multi-family at 16 NW Brook Street #1, 2, 3 in Newport, OR is listed for $485,000 ($286 per sqft). Built in 1930, the home offers 1,695 sqft of living space on a 0.10 acres lot.

Key Features

  • Built in 1930
  • 0.10 acre lot
  • 1 parking spaces

Property Details

1 story
3 full
1 space
#1, 2, 3
1930
Listing Description

Excellent turnkey income property in the Nye Beach overlay district with a short walk to Nye Beach shops, restaurants and beach access. Unit 3 currently leased long term & 2 vacant and ready for immediate rent at current market rates. Key features & recent updates New roof (2023) Foundation and sewer line repaired; plumbing and insulation with vapo

r barrier completed Newer windows throughout Units 1 & 3: new LVP flooring and fresh interior paint Unit 3: new stackable washer/dryer and new pellet stove (2025) Water heaters newer in Units 1 & 3 Newer refrigerators in all units Electrical upgrades across ~75% of the property; updated panels in Units 1 & 3 Heating: baseboard heat plus cadet heate

rs in each unit; Unit 3 also has pellet stove heat Proximity: walking distance to Nye Beach shopping & dining; only a couple blocks to beach access. Great value-add opportunity with recent capital improvements already completed. Contact for rent roll, expenses, vacancy history and to schedule a showing.

Monthly Cost Estimate

$2,594/mo

20% down · 6.5% · 30 years

Principal$351
Interest$2,102
Insurance$141

Estimates only. Actual payments may vary.

Location

16 NW Brook Street #1, 2, 3

Newport, OR 97365

Kellog's Blocks

Features & Amenities

Interior Features

Entrance FoyerSmart Camera(s)/Recording

Property Details

Flooring

CarpetLaminate

Construction

HardiPlank Type

Parking

On Street

Heating

Pellet StoveBaseboard

Appliances

DryerDisposalElectric OvenElectric RangeMicrowaveRefrigeratorWasherWasher/Dryer StackedWater HeaterDryerDisposalElectric OvenElectric RangeMicrowaveRefrigeratorWasherWasher/Dryer StackedWater Heater

Questions & Answers

This 4-bedroom, 3-bathroom multi-family at 16 NW Brook Street is listed at $485,000 ($286/sqft). The estimated monthly payment is $2,593 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.10 acre lot, 1 parking spaces. Interior Features: Entrance Foyer, Smart Camera(s)/Recording.

This property is listed by Deanna Christine Watkins.

DW

Deanna Christine Watkins

License 200804085

Agent at Windermere West Coast Properties

Listed by Windermere West Coast Properties · Broker phone: 5412655455 · View on Broker Site

MLS# 26-1319· Source: Oregon Coast MLS· 170 days on PropertySimple

Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

16 NW Brook Street #1, 2, 3, Newport, OR 97365

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