Newberg OR Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 1,616
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 2001
- Baths:
- MLS#:
- 24173649
- Subdivision:
- Newberg
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Courtesy: Valley Realty
503-538-5324
ADDITIONAL INFORMATION
$20,000 PRICE DROP Fantastic investment opportunity in Newberg! This 1616SF duplex is two units. One unit on the main floor features a living room, kitchen, 2 bedrooms,1 bathroom and it also features an upstairs bonus room and has 989 square feet. It currently rents for $1820/mo. The second unit features 1 bedroom and 1 bathroom with and it's own laundry and has approx. 627sf. It currently rents for $1400/mo. This property has two backyards and a 1 car attached garage. Nice front porch and is close to downtown Newberg.
$2,795,000
1558 E 3RD St Unit 1558 Newberg, OR 97132
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.69 Acres
- Year built:
- 1970
- Baths:
- MLS#:
- 24507209
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Courtesy: GA Cooke Real Estate Services
503-612-9282
ADDITIONAL INFORMATION
Assumable financing available for a qualified buyer! Fixed rate of 3.37% through May of 2026! Strong occupancy history with upside in rents based on most recent highest achieved of $2,025! A 6.01% cap rate on actuals and 7.94% on pro forma. The Garden Court Apartments were built in 1970 and are comprised of 12 three-bedroom one-and-a-half bath townhouse-style apartments. At 1,100 square feet, the spacious layouts consist of an open floorplan, modern kitchen amenities, washer dryer hook ups, and private fenced in patios. Three buildings, with wood-framed construction and pitched composition shingle roofs make up the complex. All units have vinyl windows and sliders. Ample parking with one covered parking spot and one uncovered parking spot per unit. All three buildings received new exterior paint, gutters and roofs in 2020.
- Type:
- Multi-Family
- Sq.Ft.:
- 1,536
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1972
- Baths:
- MLS#:
- 24572480
View additional info
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
ADDITIONAL INFORMATION
Discover the perfect investment opportunity or starter home! This well-maintained duplex is situated in a peaceful neighborhood and features two units, each offering 2 bedrooms and 1 bathroom. Newberg is a great place to invest in a duplex. The town is home to George Fox University, bringing in many students and faculty looking for rentals. The area's growing population and stable economy mean there’s always a demand for housing. Plus, the natural beauty and wine country location make it an attractive place to live. Investing in a duplex here could be a smart move for steady rental income. Units have new breaker panels and either have or are wired for cadet heaters.
- Type:
- Multi-Family
- Sq.Ft.:
- 1,536
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1972
- Baths:
- MLS#:
- 24398811
View additional info
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
ADDITIONAL INFORMATION
Discover the perfect investment opportunity or starter home! This well-maintained duplex is situated in a peaceful neighborhood and features two units, each offering 2 bedrooms and 1 bathroom. Newberg is a great place to invest in a duplex. The town is home to George Fox University, bringing in many students and faculty looking for rentals. The area's growing population and stable economy mean there’s always a demand for housing. Plus, the natural beauty and wine country location make it an attractive place to live. Investing in a duplex here could be a smart move for steady rental income. Units have new breaker panels and either have or are wired for cadet heaters. Roof is only 5yrs old.
- Type:
- Multi-Family
- Sq.Ft.:
- 1,536
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1972
- Baths:
- MLS#:
- 24190404
View additional info
Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
ADDITIONAL INFORMATION
Discover the perfect investment opportunity or starter home! This well-maintained duplex is situated in a peaceful neighborhood and features two units, each offering 2 bedrooms and 1 bathroom. Newberg is a great place to invest in a duplex. The town is home to George Fox University, bringing in many students and faculty looking for rentals. The area's growing population and stable economy mean there’s always a demand for housing. Plus, the natural beauty and wine country location make it an attractive place to live. Investing in a duplex here could be a smart move for steady rental income. Units have new breaker panels and either have or are wired for cadet heaters.
Newberg Real Estate
The median home value in Newberg, OR is $482,450. This is higher than the county median home value of $470,600. The national median home value is $338,100. The average price of homes sold in Newberg, OR is $482,450. Approximately 62.8% of Newberg homes are owned, compared to 34.09% rented, while 3.11% are vacant. Newberg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newberg real estate agent to arrange a tour today!
Newberg, Oregon has a population of 25,108. Newberg is more family-centric than the surrounding county with 32.51% of the households containing married families with children. The county average for households married with children is 31.3%.
The median household income in Newberg, Oregon is $81,210. The median household income for the surrounding county is $73,409 compared to the national median of $69,021. The median age of people living in Newberg is 34.6 years.
Newberg Weather
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 35.2 degrees. The average rainfall is approximately 41.4 inches per year, with 2.6 inches of snow per year.