$1,299,990

Address not disclosed - MLS#216501468 Newberg, OR 97132

$10,000
Closing credit¹
3,426 sqft
0.3 acres
$379 / sqft
House

Property details

About This Home

BRING YOUR OFFER - If you have always wanted to own an investment property, but found there was always too much to fix up or repair to bring in great revenue? Well this triplex is one that will save you all the trouble and expense. It has been extensively remodeled in 2020/2021 and has a consistent rental history. Designed with ease of maintenance, all the major work has been done. No need to use your money to fix it up. Gross receipts of nearly 80K/year and low expenses make for lucrative passive income. All units are on renewed 12 month leases at great market rates with some room for increases. New or newer - LVP Floors, carpets, roof, TREX decking/steps, appliances, granite, light fixtures, plumbing fixtures, and so much more. Each unit offers affordable central HVAC and indoor washer/dryer hook-up. The updated look of each unit makes them very easy to rent at market rate and stay rented. Landlord only pays water/sewer with low cost internet paid for Unit 3 because of a security camera and light. That unit has also been an owner's unit and comes with upgraded appliances/HVAC/Air Cleaner. Please do not drive onto property or disturb the tenants. There is no sign on the property. Write offers subject to interior walk-thru upon approved offer with verified funds or loan approval letter. Buyer to verify schools. No Seller Carry.

Highlights

Home typeOther
HeatingForced Air
StatusActive
CoolingCentral Air
Size3,426 sqft
Lot size0.26 Acres
Year built1998
ParkingAssigned
MLS #216501468
Garage3 spaces
Price rangeMin: $1,099,990
Max: $1,299,990

Summary

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Assigned
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $1,299,990
  • Price/SqFt: $379
  • Lot: Flag Lot, Private
  • Year Built: 1998
  • Stories: 2
  • Living Area: 3,426 SqFt
  • Lot Size: 0.26 Acres
  • MLS Number: 216501468
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Burright Realty Group LLC
  • Office Email: Debbi@BurrightRealtyGroup.com
  • Listing Agent: Debbi S D Burright

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/13/2025, 5:44:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property with brick siding

$1,299,990

Address not disclosed

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

4

Edwards Elementary School

Public District KG-5

0.7 mi

715 E 8th St

6

Joan Austin Elementary School

Public District KG-5

1.4 mi

2200 N Center St

8

Antonia Crater Elementary School

Public District KG-5

1.8 mi

203 W Foothills Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $71,250. The majority of Newberg, OR residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

16%
<35k
67%
35k-100k
15%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
16%
Single, with Kids
23%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
8%
12-17 yrs old
29%
18-34 yrs old
39%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • SoccerSoccer
  • Horse RacesHorse Races

Where do the neighbors shop?

  • DillardsDillards
  • BurlingtonBurlington
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • WingstopWingstop
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • HyundaiHyundai
  • NissanNissan
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Christian Adult ContemporaryChristian Adult Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This 3,426 square foot home, which was built in 1998, sits on a 0.26 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $1,299,990.

In May 2025 more than 10 listings in Newberg, OR were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 11 were sold below. The number of homes for sale in Newberg, OR increased by 10.9% between April and May 2025. While the average time on the market in May 2025 was 62 days, the median list price was $506,500.

From Rocket Homes Real Estate and based on county public records data.

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