About 213 Ne 7th Street
Established 10-unit multifamily investment property in the heart of Newport, designed for investors seeking scale, tenant appeal, and long-term income potential. Centrally located near shopping, services, employment centers, and the amenities that support year-round rental demand, this well-maintained property features nine 2-bedroom units and one 3-bedroom unit, offering a unit mix that appeals to a broad range of tenants. A standout feature is the inclusion of off-street garages for every unit—an amenity not commonly found in many multifamily properties and one that can contribute to tenant satisfaction and retention. Situated on a corner lot with public utilities and easy access throughout Newport, the property has been professionally maintained and offers a straightforward ownership opportunity for investors seeking an established asset rather than a major renovation project.
Features of 213 Ne 7th Street
| MLS® # | 26-1511 |
|---|---|
| Price | $1,950,000 |
| Bathrooms | 11.00 |
| Square Footage | 15,944 |
| Acres | 0.33 |
| Year Built | 1990 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 213 Ne 7th Street |
|---|---|
| Subdivision | Phelps - Newport |
| City | Newport |
| County | Lincoln |
| State | OR |
| Zip Code | 97365 |
Amenities
| Utilities | Cable Available, Electricity Connected, Water Available |
|---|---|
| Parking | Additional Parking, Attached Garage |
| # of Garages | 10 |
| Is Waterfront | No |
Interior
| Heating | Electric |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Lot Description | Level |
|---|---|
| Roof | Composition |
| Construction | Other |
| Foundation | Combination |
Additional Information
| Date Listed | May 29th, 2026 |
|---|---|
| Zoning | R-3 Residential |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Doretta L Smith |
|---|---|
| Office | Martek Real Estate |