About 246 Ne 3rd Street
Exceptional opportunity to own a cash-flowing 4-plex featuring a highly desirable, easy-to-rent unit mix. This well-maintained residential income property comprises two spacious 2-bedroom units and two comfortable 1-bedroom units, perfectly catering to a wide variety of coastal tenants. Totaling 2,984 sq. ft. of living space, the building is situated on a low-maintenance lot.
Features of 246 Ne 3rd Street
| MLS® # | 26-2681 |
|---|---|
| Price | $795,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,992 |
| Acres | 0.11 |
| Year Built | 1978 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 246 Ne 3rd Street |
|---|---|
| Subdivision | Fredericksburg |
| City | Newport |
| County | Lincoln |
| State | OR |
| Zip Code | 97365 |
Amenities
| Utilities | Electricity Connected |
|---|---|
| Parking | On Street |
| Is Waterfront | No |
Interior
| Heating | Electric |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | No |
Exterior
| Windows | Blinds |
|---|---|
| Roof | Composition |
| Construction | T1-11 Type, Wood Frame |
| Foundation | Concrete Perimeter |
Additional Information
| Date Listed | October 6th, 2026 |
|---|---|
| Zoning | R-3 Residential |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Michael T Burkhard |
|---|---|
| Office | Martek Real Estate |