Investment opportunity in Newport! This well-maintained apartment complex features four separate residential units, all currently fully rented, providing immediate rental income. The property also offers 12+ parking spaces located in the rear, creating an additional opportunity for rental income or added value for tenants. Conveniently located in the heart of Newport, this property is a great opportunity for an investor looking to add a multi-unit property to their portfolio. Owner pays water, sewer & oil. Tenants each have separate meters & pay own electric.
THIS PROPERTY IS GOING TO BE OFFERED AT PUBLIC AUCTION ON OCTOBER 3, 2026 AT 930 AM AND IS BEING SOLD WITH A RESERVE. AUCTION IS HELD AT 38 S 2nd Street, Newport. PRICE IS ONLY A SUGGESTED OPENING BID AND IS NOT INDICATIVE OF THE FINAL SALE PRICE. TERMS: DOWN PAYMENT OF $10,000 REQUIRED DAY OF AUCTION (cashier/certified), SETTLEMENT ON OR BEFORE NOVEMBER 6, 2026. BROKER MUST REGISTER BUYER 48 HOURS PRIOR TO AUCTION, BROKER FOR BUYER MUST ATTEND ANY SHOWINGS AND THE AUCTION.
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$100,000
Days On Site
42 Days
Bedrooms
4
Inside Area (SqFt)
N/A
Total Baths
4
Full Baths
4
Partial Baths
N/A
Lot Size
0.19 Acres
Year Built
1900
MLS® Number
PAPY2009770
Status
Active
Property Tax
$2,402
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.