Listed by Martek Real Estate
$1,950,000
213 NE 7th Street
Details
APN 2800,2500,2400
Property Type Mixed Use
Sub Type Mixed Use, Other
Square Footage 15,944
Year Built 1990
Acreage 0.330
Zoning R-3 Residential
Mixed Use | 15,944 SqFt
Marketing description
Established 10-unit multifamily investment property in the heart of Newport, designed for investors seeking scale, tenant appeal, and long-term income potential. Centrally located near shopping, services, employment centers, and the amenities that support year-round rental demand, this well-maintained property features nine 2-bedroom units and one 3-bedroom unit, offering a unit mix that appeals to a broad range of tenants. A standout feature is the inclusion of off-street garages for every unit—an amenity not commonly found in many multifamily properties and one that can contribute to tenant satisfaction and retention. Situated on a corner lot with public utilities and easy access throughout Newport, the property has been professionally maintained and offers a straightforward ownership opportunity for investors seeking an established asset rather than a major renovation project.
Listing Contacts
Listed by Martek Real Estate
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