Newport, Oregon | Multi-Dwelling Properties

Multi-Dwelling Properties | Newport, Oregon

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Newport, Oregon offers a diverse market for multi-dwelling properties, attracting investors with its coastal appeal and steady tourism industry. These properties, ranging from duplexes and triplexes to larger apartment complexes, are particularly concentrated in areas near the historic Nye Beach district and along Highway 101. Investors appreciate the relatively affordable entry points compared to other Pacific Northwest coastal communities, with many properties offering ocean views that command premium rental rates. The market benefits from Newport's status as both a tourist destination and working port city, creating year-round rental demand from seasonal visitors, students attending Oregon Coast Community College, and employees of major employers like the NOAA Pacific Fleet and Samaritan Pacific Communities Hospital.