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Listing provided courtesy of Windermere West Coast Properties- MLS# 26-1319MLS ProviderSource MLS Verified

16 NW Brook StreetNewport, OR 97365

Multi-Family · 4 Beds · 3 Full Baths · 1,695 Sq. ft. | 0.10 Acres
$549,000 Active

16 NW Brook Street Overview

Time on Site:
45 days
Visits:
3

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.

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16 NW Brook Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,695
  • Price/Sq.ft. $324
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Lincoln County School District

Income/Expenses

  • Other Expense: 40.0
  • Gross Income: 7680.0
  • Insurance Expense: 1875.0
  • New Taxes Expense: 2000.01
  • Trash Expense: 75.0

Building Information

  • New Construction: false
  • Year Built: 1930

Location/Region

  • County Or Parish: Lincoln
  • Subdivision Name: Kellog's Blocks

Community/Development

  • Community Features: Curbs,Street Lights,Sidewalks

Rent/Lease Information

  • Land Lease: false
  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: 2000.01
  • Tax Year: 2025

General Information

  • Listing Terms: 1031 Exchange,Cash,Conventional
  • Parcel Number: 111108BB-1400-00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Senior Community: false
  • Special Listing Conditions: Standard
  • Zoning: R-4 Residential

Interior

Parking Information

  • Garage: false

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 4

Building Interior

  • Above Grade Finished Area: 1695.0
  • Building Area Total: 1695.0

General Information

  • Appliances: Dryer,Disposal,Electric Oven,Electric Range,Microwave,Refrigerator,Washer,Washer/Dryer Stacked,Water Heater
  • Basement: false
  • Electric: 100 Amp Service
  • Fireplace: false
  • Flooring: Carpet,Laminate
  • Foundation Details: Concrete Perimeter,Crawl Space
  • Interior Features: Entrance Foyer,Smart Camera(s)/Recording
  • Laundry Features: Other
  • Levels: One
  • Living Area Source: Assessor
  • Other Equipment: None
  • Security Features: Carbon Monoxide Detector(s),Key Card Entry
  • Stories Total: 1
  • Window Features: Double Pane Windows,Window Treatments,Vinyl Frames

Exterior

Parking Information

  • Parking Features: On Street
  • Parking Total: 1.0

Lot Information

  • Additional Parcels Description: Block 1, Lot 14
  • Lot Features: City Lot
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Dimensions: 50 x 83.33
  • Lot Size Square Feet: 4356.0
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 1
  • Road Surface Type: Asphalt,Paved
  • Water Source: Public

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Architectural Style: Other
  • Attached Garage: false
  • Construction Materials: HardiPlank Type
  • Roof: Composition

General Information

  • Carport: false
  • Fencing: None
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Other Structures: None
  • Pool Private: false
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Sewer Connected,Water Connected,Separate Meters

Unit Information

Unit 1 Details

  • Beds Total: 2
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 2 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 4 Details

  • Beds Total: 2
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 5 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 7 Details

  • Beds Total: 2
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 8 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 10 Details

  • Beds Total: 2
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 11 Details

  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 12 Details

  • Actual Rent: 640.0
  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 9 Details

  • Actual Rent: 640.0
  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 6 Details

  • Actual Rent: 640.0
  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

Unit 3 Details

  • Actual Rent: 640.0
  • Beds Total: 1
  • Baths Total: 1
  • Furnished: Unfurnished

16 NW Brook Street Neighborhood

Community

97365 (Newport) Demographics

46
Median Age
252
Population Density (per sq. mile)
38%
College Educated
$49,529
Estimated Median Income
2,693
Estimated Total Home Owners
2,073
Estimated Total Renters
57% / 43%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

16 NW Brook Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

16 NW Brook Street Market Data

Based on the last 30 days in this zip code

$615,301
Average List Price
$333
Average Price per Square Foot
16
Properties Sold
106
Average Days on Market
156
Properties for Sale
Calculations provided by Reliance Network

16 NW Brook Street History

Date Event Value Agent
5/15/2026Source: Tillamook MLS Added to Database
May 15, 2026