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$1,132,000
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Property Description
Exceptional Investment Opportunity - 10-Unit Complex in the Heart of Newport!Discover a rare opportunity to own a well-maintained 10-unit apartment complex ideally situated in the heart of Newport. Each one-bedroom, one-bathroom unit features a refrigerator, electric range/stove, and private back deck-perfect for tenants seeking comfort and convenience near coastal amenities. The property offers six covered carports plus 5 additional parking spaces, along with an on-site laundry facility for tenant ease.
Full Property Details
Full Property Details for 166 NE 8th St
General
- Sold For: $1,132,000
- Taxes: $9,731 (2024)
- Status: Closed
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 834696
- Added to Site: 225 day(s) ago
Interior
- Flooring: Carpet, Laminate, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 10
Bedrooms
- Total Bedrooms: 10
Location
- County: OUTSIDE 4 COUNTY AREA
- Subdivision: Phelps Addn
- Driving Directions: Hwy 101 to 8th
Heating & Cooling
- Heating Type: Zonal
- Heating Fuel: Zonal
- Furnaces: 600
Utilities
- Sewer: City
- Water: City
- # Electric Meters: 3156
Structural Information
- Roof: Composition
- Square Feet: 6,384
- Below Ground: 4,645 Sq. Ft.
- Year Built: 1976
Unit Information
- Units in Building: 10
Unit 4
- Level: Western
Lot Features
- Lot Size (Acres): 0.19
- Lot Description: 8
Financial Considerations
- Price Per Sq. Ft.: $177.32
- Price Per Acre: $6,578,947.37
- Assessment Year: 1976
- Tax Amount: $9,731
- Tax Year: 2024
Disclosures and Reports
- Block: Hills Trust
- Lot Number: 8
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Schools
Schools serving 166 NE 8th St
School District:Lincoln County School District
| Name | Grades | Distance |
|---|---|---|
Sam Case Elementary 459 Northeast 12th Street, Newport, OR 97365 | 3-5 | 0.4 mi |
Sam Case Elementary School 351 Southeast Harney Street, Newport, OR 97365 | K-2 | 0.7 mi |
Newport High School, Newport, OR 322 Northeast Eads Street, Newport, OR 97365 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 166 NE 8th St
Date
Details
Price
Change
Source
5/18/2026
Sold
$1,132,000
-9.44%
MLS
2/26/2026
Price Reduced
$1,250,000
-10.71%
MLS
12/02/2025
Price Reduced
$1,400,000
-12.5%
MLS
10/21/2025
Listed
$1,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
166 NE 8th St, Newport, OR 97365 (MLS# 834696) is a Multi-Family property that was sold at $1,132,000 on May 18, 2026. Want to learn more about 166 NE 8th St? Do you have questions about finding other Multi-Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.

