Oceanview 6-Plex Perched above Newport's beloved Nye Beach district, this solid, well-kept multiplex offers ocean views from every unit and a location that puts sand, surf, shops, and restaurants all within easy reach. Each of the six 2-bedroom, 1-bath units includes a private ocean-facing deck, covered parking, and individual storage. A large shared utility room features coin-op machines. Already separated into legal condominium units, this is a rare chance to take a stable coastal property and turn it into something more-whether that's selling off units individually, refreshing them one by one, or simply holding as a long-term play with flexibility down the road. All appliances are included.
Active
$1,250,000
551 NW Brook St #1-6, Newport, OR 97365
12beds
6baths
4,818sqft
Est.:
Multi Family
Built in 1972
-- sqft lot
$1,161,100 Zestimate®
$259/sqft
$-- HOA
What's special
Ocean viewsPrivate ocean-facing deckCovered parking
- 51 days |
- 528 |
- 31 |
Zillow last checked: 8 hours ago
Listing updated: October 23, 2025 at 01:41pm
Listed by:
Casey O'Callaghan 541-961-2653,
Premiere Property Group, LLC (Newport)
Source: OCMLS,MLS#: 25-2317
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
Heating
- Electric
Appliances
- Included: Water Heater
Features
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 4,818
- Total interior livable area: 4,818 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage, Open
- Has garage: Yes
- Uncovered spaces: 6
Features
- Patio & porch: Deck
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Frontage type: None
Lot
- Size: 0.29 Acres
Details
- Additional parcels included: All units are set up as individual condos, and each has their own R# plus R# for common elements. BLUE WHALE CONDOMINIUMS. Gross income for 2024 $93,800
- Parcel number: 111105CC7900100
- Zoning description: R-4 Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1972
Utilities & green energy
- Water: City
- Utilities for property: Electricity Available, Natural Gas Not Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Newport
Financial & listing details
- Price per square foot: $259/sqft
- Annual tax amount: $11,874
- Date on market: 10/20/2025
- Road surface type: Gravel
Estimated market value
$1,161,100
$1.10M - $1.22M
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2025 | Listed for sale | $1,250,000$259/sqft |
Source:  OCMLS #25-2317 Report a problem | ||
| 10/14/2025 | Listing removed | $1,250,000$259/sqft |
Source: OCMLS #25-1500 Report a problem | ||
| 7/1/2025 | Listed for sale | $1,250,000$259/sqft |
Source: OCMLS #25-1500 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$7,389/mo
Principal & interest
$6076
Property taxes
$875
Home insurance
$438
Climate risks
Neighborhood: 97365
Nearby schools
GreatSchools rating
- 4/10Sam Case ElementaryGrades: 3-5Distance: 0.7 mi
- 2/10Newport Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Newport High SchoolGrades: 9-12Distance: 0.7 mi
- Loading
- Loading
