#24525063, Linda Cox, Listing office: Coldwell Banker Professional
Property details
About 607 W 1st St
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
Summary
- Basement: No
- Garage Space: 3 spaces
- Attached Garage: No
- Parking: Assigned, Street Parking
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,199,990
- Price/SqFt: $350
- Lot: Flag Lot, Private, Level
- Directions: hwy 99 west turn N on W 2nd Way, Driveway straight ahead & slight right behind an open gate.
- 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
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Last updated on: 7/26/2025, 7:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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.
Neighborhood
The neighbors living near this home have an average income of $71,250. Residents of Newberg, OR typically earn between $35k-100k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 607 W 1st St
The listing price of 607 W 1st St property is $1,199,990.
The property 607 W 1st St is a house located in Newberg, Oregon, 97132.
Active Listing: 607 W 1st St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 607 W 1st St are: Edwards Elementary School (GreatSchools Rating 4/10), Joan Austin Elementary School (GreatSchools Rating 6/10), Antonia Crater Elementary School (GreatSchools Rating 8/10), Chehalem Valley Middle School (GreatSchools Rating 7/10), Mountain View Middle School (GreatSchools Rating 5/10), Dayton Junior High School (GreatSchools Rating 1/10), Newberg High School (GreatSchools Rating 6/10), St Paul High School (GreatSchools Rating 4/10), Sherwood High School (GreatSchools Rating 10/10).
The property at 607 W 1st St has 0 bathroom.
The property 607 W 1st St is 3,426 SqFt (source: MLS/tax record).
The year of construction for 607 W 1st St is 1998.
This home is located at 607 W 1st St in Newberg, OR and zip code 97132. 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 $1,199,990.
While more than 6 listings in Newberg, OR in June 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 13 were sold below. Between May and June 2025, Newberg, OR real estate market has seen increase in the number of listings by 2.1%. The median list price of listings available in June 2025 was $513,325, while the average time on the real estate market was 48 days.