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About This Home
This 4-bedroom, 4-bathroom residential multi family at 1552 E 3RD St in Newberg, OR is listed for $999,999 ($268 per sqft). Built in 2006, the home offers 3,728 sqft of living space on a 0.23 acres lot.
Potential to make over $72,000 gross a year on these up to date modern townhomes. Historically low vacancy. Ask your broker for six years of profit and loss statements showing pride of ownership and consistent and stable increase in income. New roof 5 years ago.
Two units under market rent, two closer to market. Newer Townhouse Style 2 Bedroom / 1.5 Bath: quiet 4-Plex (not apartment complex). $1450 + $85 flat rate for water, sewer, and garbage per month. ($1535 total) For each individual townhome it's a spacious 930 Square Feet Half bath downstairs / full bath upstairs.
Nice Grass Back Yard & Patio, secured storage room. Washer/Dryer in Units. High efficiency individual room heat. Spacious Living Room and Kitchen Area. Newer flooring in kitchen and living room. Each unit has two off street car parking spaces. Quiet neighborhood and street. Close to George Fox & PCC colleges. Doorsteps to wineries & wine country. Close to shopping & restaurants. DO NOT DRIVE ON PROPERTY. DO NOT DISTURB TENANTS.
Key Features
- Built in 2006
- 0.23 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$5,348/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1552 E 3RD St
Newberg, OR 97132
Property Details
Views
Heating
Questions & Answers
This 4-bedroom, 4-bathroom residential multi family at 1552 E 3RD St is listed at $999,999 ($268/sqft). The estimated monthly payment is $4,333 based on 20% down at 6.5% interest.
Key features include: Built in 2006, 0.23 acre lot, 2 stories.
This property is listed by Tim Jackson and can be reached at 5039577981 or timjacksonrealestate@gmail.com.








