For Sale49d on market
1218 NW Lake St
Newport, OR, 97365 • 97365 • Lincoln County
$650,000
$280/sqft
Down payment assistance available
7Beds
3Baths
2,321Sqft
1969Built
Property DNA
Ocean View
97365
This home is getting attention
Listed 49 days ago · 1,223 views · 50 saves
Market activity
Demand and pricing signals for this listing
1,223 views
People checking out this listing
50 saves
Buyers have saved this home
49 days on market
Established listing
$280/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 46% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1969
Multifamily home two blocks from the ocean! This well cared for, 3 unit property, features two recently remodeled units and fresh exterior paint, creating a bright and updated coastal feel. All units are currently leased, offering immediate income in a highly desirable location. This is a great opportunity to own a coastal three-unit property with in-place income, strong rental history, and and long-term potential.
Standout features identified
Our analysis highlights two recently remodeled units and fresh exterior paint as key attractions of this home.
Estimated monthly payment
Based on current rates
$4,085/month
Principal & Interest$3,218
Property Tax$650
Insurance$217
Down payment20% ($130,000)
3%50%
Est. 6.30% rate · 30yr fixed · $520,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1969
CoolingNone
Parking2 Open Parking spaces
Days on Zillow49 Days
Price/sqft$280
Property
Home typeMulti Family
Sub-typeMulti Family
ConditionUpdated/Remodeled
Year built1969
Stories1
Systems
CoolingNone
RoofShingle
ConstructionCedar
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingDriveway, Off Street
BasementCrawl Space
Location & Tax
Neighborhood97365
ZoningR-2
Annual tax$4,959
Parcel111105BD0550100
Bathrooms & Fees
Full baths3
Features & details
5 categories of property features
Interior Features
Appliances
Dishwasher
Disposal
Refrigerator
Electric Water Heater
Cooling
None
Exterior Features
Parking
Driveway
Off Street
Construction
Cedar
Lot Features
SqFt 7000 to 9999
Listing insights
Market data and value estimates
StatusFor Sale
Days on market49
Tax rate0.84%
Price/sqft$280
On marketFeb 5, 2026
PostedFeb 5, 2026
Last sold$170,100
MLS statusActive
MLS updatedFeb 5, 2026
Tour days9
Views1,223
Favorites50
How are the schools in Newport?
3 schools rated nearby
Location
Newport, OR, 97365
Price history
3 events
DateEventPrice$/sqftSource
Feb 5, 2026Listed For Sale$650,000$280RMLS (OR)
Mar 5, 2010Sold$170,100$73Agent Provided
Sep 11, 2009Sold$156,000$67Agent Provided
Listed For Sale$650,000
Feb 5, 2026•$280/sqft•RMLS (OR)
Sold$170,100
Mar 5, 2010•$73/sqft•Agent Provided
Sold$156,000
Sep 11, 2009•$67/sqft•Agent Provided
Tax history
18 years of records
YearTax paidAssessed value
Mar 27, 2024$4,710$269,090
Mar 27, 2023$3,269$185,710
Mar 27, 2022$3,169$180,310
Mar 27, 2021$3,210$175,060
Mar 27, 2020$3,040$169,970
Mar 27, 2019—$165,020
Mar 27, 2018$2,908$160,220
Mar 27, 2017$2,908$155,560
Mar 27, 2016$2,821$151,030
Mar 27, 2015$2,821$146,640
Mar 27, 2014$2,556$142,370
Mar 27, 2013$2,556$138,230
Mar 27, 2012$2,327$134,210
Mar 27, 2011$2,256$130,310
Mar 27, 2010$2,198$130,310
Mar 27, 2009$2,131$122,840
Mar 27, 2008$2,096$122,840
Mar 27, 2007$2,025$115,800
Nearby homes
Neighborhood details
Local context around this listing
Newport, OR • Lincoln County
Nearby neighborhoods
South Beach
Nearby cities
Depoe BayLincoln CityNewportOtisSeal RockSiletzTidewaterToledo
Nearby zip codes
9736597366
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. This content last updated on 2026-03-27 00:09:14 PDT. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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