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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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1218 NW Lake St , Newport, OR 97365
$650,000
Est. Payment: $3,268.31/mo
7 Bed
3 Bath
0 Sqft
Status: active | Days on site: 125
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Multifamily home two blocks from the ocean! This well cared for, 3 unit property, features two recently remodeled units and fresh exterior paint, creating a bright and updated coastal feel. All units are currently leased, offering immediate income in a highly desirable location. This is a great opportunity to own a coastal three-unit property with in-place income, strong rental history, and and long-term potential.

Highlights

Listed by Dustin Miller , 503-927-0181 and Amirah Fattom , 503-719-6056 Kelly Right Real Estate of Portland, LLC , 503-719-6056. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Year Built

1969

County

Lincoln

Area

200 - Lincoln County

Neighborhood

Ocean View

Listing ID

597429344

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:3
  • Full Bathrooms:3
Basement:Crawl Space
Other:Public Water

Exterior Features

Garage Capacity:2
Zoning:R-2
Roof:Shingle
Others:Updated/Remodeled
Sewer:Public Sewer
Parking Features:Driveway,Off Street
Principal Interest
$3,268
Taxes
$413

Home Price

$650,000

Loan Details

30 yrs
6.446%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,268.31

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,268.31 $413.25 $0.00 $3,681.56
Yearly $39,219.70 $4,959.01 $0.00 $44,178.71
Total $1,176,591.12 $148,770.30 $0.00 $1,325,361.42

Today's Rates

30 Year

6.45%

20 Year

6.23%

15 Year

5.73%

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Market insight data is pulled from the same city as the listing being viewed (Newport, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor technology provider shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

IDX service by Blueroof 360

Data last updated: 2026-07-24T03:19:25.000Z

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