1218 NW LAKE ST

Newport, 97365

  • 7 Bed

  • 3 Bath

  • 2321 SqFt

  • 35 DOM

  • Built: 1969

  • Status: Active

$650,000

X

1218 NW LAKE ST

Newport 97365

$650000

  • 7 Bed

  • 3 Bath

  • 2321 SqFt

  • 35 DOM

  • Built: 1969

  • Status: Active

Love this home?

Venkatesan Muthu

Broker

(971) 330-1856

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.

Residence Information

  • 2321

  • 7

  • 3

  • Shingle

  • Driveway,OffStreet

  • 1

  • 1969

  • No

  • Cedar

  • CrawlSpace

  • CrawlSpace

Features and Utilities

  • None

  • Electricity

  • WallHeater

  • PublicSewer

  • Electricity

  • Electricity

Financial

  • 4959.01

  • None

  • Cash,Conventional,FHA

  • 02-05-2026

  • No

  • No

Comparable Information

  • 35

  • 35

  • Cash,Conventional,FHA

  • $650,000

  • $650,000

  • Feb 05, 2026 12:33

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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.

— Jagathishp

Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.

— Vignesh Chan

Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.

— Praveen

Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.

— Alishetty

Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.

— Ramren Garajan

Thinking about buying or selling. Let’s Talk.

Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!

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