1007 SW ALDER STNewport, OR97365

$950,000
7 total units
4637 sq. ft
SqFt10000to14999
Middle School: Newport
High School: Newport
Zoning: c1
671 days on market

VestorFilter™

Price per unit$135.7K/unit
Price per ft²$204.87/ft²
Recent price drop$49,000
Time on market671 days
1007 SW ALDER ST (1 of 12)

Property Description

6 unit apartment building plus 1 cottage on a separate tax lot - sold together. A mix of studio ,one bed and 2 bed units. $1300 is highest achieved rent. Includes bare land for potential additional development. Plenty of rent upside. Well maintained. Please do not disturb the residents.

{{ compliance-logo }}Listing Provided By SMI Commercial Real Estate LLC

Financial Data

Price ChangeDropped $49,000 on 04/10/2023
Total $150,000 drop
Original Price$1,100,000
Current Price$950,000
Property Taxes$3,206

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Home Facts

StatusPending
Year Built1948
Stories2
MLS ID22373090
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