About 16 Nw Brook Street 1, 2, 3
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 vapor 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 heaters 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.
Features of 16 Nw Brook Street 1, 2, 3
| MLS® # | 26-1319 |
|---|---|
| Price | $525,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,695 |
| Acres | 0.10 |
| Year Built | 1930 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Style | Other |
| Status | Active |
Community Information
| Address | 16 Nw Brook Street 1, 2, 3 |
|---|---|
| Subdivision | Kellog's Blocks |
| City | Newport |
| County | Lincoln |
| State | OR |
| Zip Code | 97365 |
Amenities
| Utilities | Electricity Connected, Sewer Connected, Water Connected, Separate Meters |
|---|---|
| Parking | On Street |
| Is Waterfront | No |
Interior
| Interior Features | Entrance Foyer, Smart Camera(s)/Recording |
|---|---|
| Heating | Baseboard, Pellet Stove |
| Cooling | None |
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | City Lot |
|---|---|
| Windows | Double Pane Windows, Window Treatments, Vinyl Frames |
| Roof | Composition |
| Construction | HardiPlank Type |
| Foundation | Concrete Perimeter, Crawl Space |
Additional Information
| Date Listed | May 15th, 2026 |
|---|---|
| Zoning | R-4 Residential |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Deanna Christine Watkins |
|---|---|
| Office | Windermere West Coast Properties |