This is a very nice place, right in the heart of Bellevue and Memorial. It's newly renovated and sparkling clean, and for us, right in the middle of the things we love to see when we come to Newport- Easton's Beach, the cliff walk, Audrain's, Empire Coffee, and the mansions. It's also an easy walk down to the wharf and the rest of downtown Newport, as well as a CVS and a market. We were traveling with a 1 year old, so having a full kitchen and easy access to the pharmacy/groceries was a big plus.
However, be warned- the price you pay for being in the middle of the action is indeed the noise! The bedroom windows overlook Bellevue, so the sound of the traffic is substantial (enough to wake us up in the middle of the night a few times). Luckily the second bedroom is in the interior of the apartment, so our little guy was able to sleep there without a hitch. Also, the WiFi was unusable outside of the bedroom- I'm guessing the router was in another unit.
Overall we had a good experience, and would stay again!