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  • $1,250,000

    551 NW Brook St #1-6, Newport, OR 97365

    12beds
    6baths
    4,818sqft
    : 
    Multi Family
    Built in 1972
    -- sqft lot
    $-- Zestimate®
    $259/sqft
    $-- HOA

    What's special

    Private ocean-facing deckCovered parking
    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. Straightforward, scenic, and full of potential-this is the kind of coastal property that doesn't come around often. Shown by appointment only. Do not disturb tenants.
    39 days
    on Zillow
    |
    638
    |
    40
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 01, 2025 at 12:28pm

    Listed by:

    Casey O'Callaghan 541-265-8785,

    Martek Real Estate

    Source: OCMLS,MLS#: 25-1500MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 551 NW Brook St #1-6.

    Next available tour time:Today at 2pm

    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: 7/1/2025
    • Road surface type: Gravel
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