# 1218 NW LAKE St, Newport, OR 97365

> **TL;DR:** 7bd/3ba residential multi family, $650,000, built 1969. Est. $2,817/mo. Listed 64 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $650,000 |
| Bedrooms | 7 |
| Bathrooms | 3 full |
| Year Built | 1969 |
| Stories | 1 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 64 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,817 |
| **Total** | **$2,817** |

## Nearby Schools

- **Elementary:** Yaquina View
- **Middle:** Newport
- **High:** Newport

## Property Highlights

- Built in 1969

## Description

### Agent Description
Multifamily home two blocks from the ocean! This well cared for, 3 unit property, features two recently remodeled units and fresh exterior paint, creating a bright and updated coastal feel. All units are currently leased, offering immediate income in a highly desirable location. This is a great opportunity to own a coastal three-unit property with in-place income, strong rental history, and and long-term potential.

## Location

- **Address:** 1218 NW LAKE St, Newport, OR 97365
- **County:** Lincoln
- **Neighborhood:** OCEAN VIEW
- **Coordinates:** 44.645826, -124.056614
- **Google Maps:** https://www.google.com/maps?q=44.645826,-124.056614

## Listing Agent

- **Name:** Dustin Miller
- **Brokerage:** Kelly Right Real Estate of Portland, LLC
- **Phone:** 5039270181
- **Email:** dustinmillerpdx@gmail.com

## Primary Photo

![1218 NW LAKE St - Primary Photo](http://lh.rdcpix.com/1d66aceaec6a4cb141cdac7a781d229el-f2948189794r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/1218-nw-lake-st-newport-or-97365-97429344)*

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**MLS#:** 597429344 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1218-nw-lake-st-newport-or-97365-97429344)

---

## Structured Data

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  "name": "1218 NW LAKE St, Newport, OR 97365",
  "description": "Multifamily home two blocks from the ocean! This well cared for, 3 unit property, features two recently remodeled units and fresh exterior paint, creating a bright and updated coastal feel. All units are currently leased, offering immediate income in a highly desirable location. This is a great opportunity to own a coastal three-unit property with in-place income, strong rental history, and and long-term potential.",
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  "datePosted": "2026-04-25",
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  "numberOfRooms": 7,
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