Address
16 Nw Brook Street, Newport, OR
Price
$ 525,000
Property Attributes
- MLS#261319
- TypeSingle Family
- Listing Status Active
- CountyLINCOLN
- CityNewport
- NeighborhoodKellogs Blocks
- Zip97365
- Style
- Year Built1930
- Taxes$ 2000
- Price$ 525,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1695
- Lot Size0.1 Acres
Data Source:
Lincoln County MLS Oregon (LCMLS-O)
Property Description
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.
| Price History | |
|---|---|
| 5/15/2026 | Listed $549,000 |
| 7/2/2026 | 5$525,000 |
General Features
| Heating | Baseboard,Pellet Stove |
|---|---|
| Cooling | None |
| Utilities | Electricity Connected,Separate Meters,Sewer Connected,Water Connected |
| Possession | Close Of Escrow |
| Roof | Composition |
| Appliances | Dryer,Electric Oven,Electric Range,Microwave,Washer,Water Heater,Disposal,Refrigerator,Washer/Dryer Stacked |
| Zoning | R-4 Residential |
| Architectural Style | Other |
| Security Features | Carbon Monoxide Detector(s),Key Card Entry |
| Year Built | 1930 |
| Electric | 100 Amp Service |
| Tenant Pays | Electricity |
| Unit Number | 1,2,3 |
| Property Subtype | Triplex |
| Tax Year | 2025 |
| Gross Income | 7680.0 |
| OwnerPays | Common Area Maintenance,Exterior Maintenance,Grounds Care,Pest Control,Repairs,Roof Maintenance,Sewer,Trash Collection,Water |
| Community Features | Curbs,Sidewalks,Street Lights |
| Additional Parcels Description | Block 1,Lot 14 |
| County | Lincoln |
| Insurance Expense | 1875.0 |
| Property Type | Residential Income |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Kellog's Blocks |
| Garage Y/N | No |
| Other Structures | None |
| Status | Active |
| Directions | Hwy 101,West on Olive Street,North on Brook Street,2nd property on Right |
| City | Newport |
| Senior Community Y/N | No |
| High School District | Lincoln County School District |
| Number Of Units Total | 3 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 4356.0 |
| Carport Y/N | No |
| Number of Units Leased | 1 |
| Land Lease Y/N | No |
| Tax Annual Amount | 2000.01 |
| Home Warranty Y/N | No |
| Trash Expense | 75.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Year Built Source | Assessor |
| Total Actual Rent | 640.0 |
| Taxes | 2000.01 |
| Year Built Effective | 2020 |
| Unit | 1,2,3 |
Interior Features
| Interior Amenities | Entrance Foyer,Smart Camera(s)/Recording |
|---|---|
| Flooring | Carpet,Laminate |
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Window Features | Double Pane Windows,Vinyl Frames,Window Treatments |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1695.0 |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 0.0 |
| Total Baths | 3 |
Exterior Features
| Parking Features | On Street |
|---|---|
| Lot Features | City Lot |
| Water Source | Public |
| Total Parking | 1.0 |
| Lot Size Area | 0.1 |
| Foundation Details | Concrete Perimeter,Crawl Space |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 1695.0 |
| Lot Dimensions | 50 x 83.33 |
| Lot Size Acres | 0.1 |
| Road Surface Type | Asphalt,Paved |
| Number of Separate Water Meters | 1 |
| Number of Separate Electric Meters | 3 |
| Road Frontage Type | City Street |
| Other Equipment | None |
| Crops Included Y/N | No |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 97365
Price
Taxes
Year Built
Visits
All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by RMLSTM.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than New Con Team are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 26, 2026 7:10 PM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Copyright © 2026 WVMLS. All Rights Reserved. Information last updated on September 26, 2026 7:47 PM UTC
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
