Browse All Newport OR Multi-Family Properties for Sale

3 Beds ⋅ 2 Baths ⋅ 26-1905 MLS

"DUPLEX" in a great location just two blocks to Samaritan Hospital and just a short distance to shopping and the beach. Live in one unit and rent out the other...or purchase as an investment property to use as a 1031 Exchange! Main Unit: is a 952 sq ft ground floor unit with living room, kitchen, separate laundry room, two bedrooms, a full bathroom and an attached garage. New Pergo flooring installed about a year ago and the Seller will install a new kitchen range at closing. This unit comes with the use of the fenced backyard. This unit rents for $1,975 per month. Upper unit is 424 sq ft with living room-kitchen combination, a bedroom and a full bathroom. It also has an attached garage and laundry hook-ups in the garage. This unit rents for $1,575 per month. There are separate meters for the water/sewer, gas and electric. Tenants pay for all utilities including garbage and Internet. Over the years the Sellers has installed Milgard double-paned windows, rewired the whole house including new electrical panels, re-plumbed the whole house and had the whole house professionally insulated. The water heater in the main unit has also been replaced. Please do not disturb the Tenants! No Photos of the Upper Unit. No sign on Property.

938 Sw 11th St, Newport

Listing Courtesy of Premiere Property Group, LLC (Newport).

$639,000

7 Beds ⋅ 3 Baths ⋅ 26-1895 MLS

Multiple Opportunities Await! This beautifully remodeled home has been thoughtfully converted into a versatile duplex, offering endless possibilities for homeowners and investors alike. Whether you're looking to generate excellent rental income, offset your mortgage by living in one unit while renting the other, create the perfect multi-generational living arrangement, or establish a spacious work-from-home setup, this property is designed to fit your lifestyle. The daylight basement also offers the potential for short-term rental use with the appropriate City permit. The main level features 1,710 square feet with 4 bedrooms and 1.5 bathrooms, showcasing fresh interior paint, new flooring, a completely updated kitchen, new appliances, beautifully remodeled bathrooms, and brand-new decks that create inviting outdoor living spaces. All appliances are included, including the washer and dryer, making this home truly move-in ready. The daylight basement offers an additional 990 square feet with 3 bedrooms and 1 bathroom, also featuring fresh paint, updated finishes, and its own comfortable living space—ideal for tenants, extended family, guests, or a home office. With separate living areas and countless options for use, this exceptional property is a rare opportunity to own a home that offers flexibility, functionality, and outstanding income potential.

1039 Ne Grant St, Newport

Listing Courtesy of Coldwell Banker Professional Group - Newport.

$489,000

4 Beds ⋅ 2 Baths ⋅ 26-1734 MLS

Rare investment opportunity in the heart of Newport with desirable C-3 (Heavy Commercial) zoning! Ideally situated near shopping, dining, schools, and everyday conveniences, this duplex offers excellent income potential and future flexibility. Each unit features 2 bedrooms, 1 bathroom, and approximately 744 square feet of living space. The main level includes a comfortable living room, kitchen, and bathroom, while both bedrooms are privately located upstairs. Each unit also includes its own attached single-car garage, providing valuable storage and parking. Spacious front yards offer room to enjoy the outdoors, and beach access is just a short distance away across Highway 101. Whether you're looking to expand your investment portfolio, occupy one unit while generating rental income from the other, or capitalize on the property's commercial zoning potential, this is an opportunity worth exploring. Please do not disturb the tenants.

1025/1033 Ne Avery St, Newport

Listing Courtesy of Premiere Property Group, LLC (Newport).

$1,300,000

2 Beds ⋅ 1 Baths ⋅ 26-1647 MLS

Well kept six plex. Some ocean views. Good rental history.

550 Sw 3rd St, Newport

Listing Courtesy of Mishey Real Estate.

$849,900

578149621 MLS

Experience the best of coastal living with TWO ocean-view homes directly across from the oceanfront in the heart of Newport’s desirable Nye Beach District! This unique corner-lot property offers exceptional flexibility for multigenerational living, guest accommodations, rental income, or a private coastal retreat.The main 2-story home features 1,836 sq ft with 3 bedrooms, 2 baths, and an oversized 3-car garage. The lower-level bedroom/office includes its own private exterior entrance, creating ideal space for a home business, guest suite, or separate living quarters.The second home is a charming single-level 794 sq ft cottage with 2 bedrooms, 1 bath, and its own ocean-view deck. Perfect as an ADU, vacation rental, long-term income property, or comfortable space for extended family and guests.Both homes enjoy ocean views, private decks, and an unbeatable location just steps from beach access, local restaurants, shopping, and all that Nye Beach has to offer. A rare opportunity to own two updated homes on one property in one of Newport’s most sought-after coastal neighborhoods.

563/565 SW 4TH ST, Newport

Listing Courtesy of Cascade Hasson Sotheby's International Realty.

$849,900

5 Beds ⋅ 3 Baths ⋅ 26-1432 MLS

Experience the best of coastal living with TWO ocean-view homes directly across from the oceanfront in the heart of Newport's desirable Nye Beach District! This unique corner-lot property offers exceptional flexibility for multigenerational living, guest accommodations, rental income, or a private coastal retreat. The main 2-story home features 1,836 sq ft with 3 bedrooms, 2 baths, and an oversized 3-car garage. The lower-level bedroom/office includes its own private exterior entrance, creating ideal space for a home business, guest suite, or separate living quarters. The second home is a charming single-level 794 sq ft cottage with 2 bedrooms, 1 bath, and its own ocean-view deck. Perfect as an ADU, vacation rental, long-term income property, or comfortable space for extended family and guests. Both homes enjoy ocean views, private decks, and an unbeatable location just steps from beach access, local restaurants, shopping, and all that Nye Beach has to offer. A rare opportunity to own two updated homes on one property in one of Newport's most sought-after coastal neighborhoods.

563/565 Sw 4th St, Newport

Listing Courtesy of Cascade Hasson SIR.

$525,000

4 Beds ⋅ 3 Baths ⋅ 26-1319 MLS

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.

16 Nw Brook St Unit 1, 2, 3, Newport

Listing Courtesy of Windermere West Coast Properties.

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . 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.

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