Map location of 166 NE 8TH ST, Newport, OR 97365
$1,600,000
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166 Ne 8Th St, Newport, OR 97365

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1 Bed
1 Bath
- Sq Ft

Exceptional Investment Opportunity 10-Unit Complex in the Heart of Newport!Discover a rare opportunity to own a well-maintained 10-unit apartment complex ideally situated in the heart of Newport. Each 1-bedroom, 1-bathroom unit features a refrigerator, electric range/stove, and private back deckperfect for tenants seeking comfort and convenience near coastal amenities. The property offers 6 covered carports plus 4 additional parking spaces, along with an on-site laundry facility for tenant ease. Property includes 3 storage spaces: the biggest one is 17'x28'; 2nd is 8'x12', and the 3rd is 8'x9'. Just a few blocks from Nye Beach. Rent includes water and garbage services, a 6.5% cap rate and a strong history of full occupancy, this is a proven income-producing property that rarely sees turnover.

Listing By: Delene Myers - RE/MAX Integrity orrmls Realty.com
  • MLS# 797693868
  • Date Listed11/13/2025
  • Days on Realty 8 Days
  • Bedrooms 1
  • Bathrooms 1 baths
  • Lot Size 0.19 acres (8,276 sq. ft)
  • Sewer Public Sewer
  • Property Type Multi Family
  • County Lincoln
  • Year Built 1976
  • Water Public

Interior Features

  • Cooling None
  • Heating Zoned

Exterior / Lot Features

  • Roof Composition
  • Lot Size Acres 0.19
  • Lot Size SQFT 8,276.00
  • Lot Features -

Directions

Hwy 101 to 8th

Financial Considerations

  • Tax Amount $9,938
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in OR / 97365

Source: Walkscore

84/100

Very Walkable

Walk Score ®

48/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 16/100.

Property Change History

Agent added 28 new photos to the listing
0 → 28 photos
Property description updated with new details

Points of Interest near 166 NE 8TH ST, Newport, OR 97365

Frequently Asked Questions for 166 NE 8TH ST

Source: Realty.com

166 NE 8TH ST, Newport, OR 97365 is a Multi Family, Residential Income property listed for $1,600,000 The property is - sq. ft with 1 bedrooms and 1 bathrooms

Realty.com has 28 photos of 166 NE 8TH ST.

Our records indicate that 166 NE 8TH ST was built in 1976.

The full address for this home is 166 NE 8TH ST, Newport, OR 97365.

166 NE 8TH ST has been listed on Realty.com since Thu November 13, 2025

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 16/100.

There are 3 schools assigned to this home. Check out the schools near 166 NE 8TH ST. Yaquina View (Grades: K - 5), Newport Middle School (Grades: 6 - 8), Newport High School (Grades: 9 - 12)

Listing provided courtesy of: Re/max Integrity (tel: 541-791-2000)
Listing agent: Delene Myers (tel: 541-918-4036) (#MYERSDEL)

This content last refreshed on 2025-11-21 19:02:06. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 166 NE 8TH ST, Newport, OR 97365 : MLS# 797693868

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