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814 E 4th St, Newberg, OR 97132

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For Sale

$874,998

2,603 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $336.15
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Attention Investors! This dialed-in triplex offers the perfect blend of modern upgrades, strong rental appeal, and long-term development potential. Each unit has been completely refreshed with new surfaces, appliances, and systems, plus a new roof and windows, delivering true move-in ready condition and peace of mind for years to come. Situated on an oversized corner lot, this property offers enhanced curb appeal, added privacy, and flexible future use. The City of Newberg has already approved this lot for dividing. Ask about estimated costs to pursue development and maximize this property s full potential. Current YTD financials reflect periods of vacancy during renovations and also include owner-paid electrical expenses prior to meter installation; tenants now pay their own electricity. With all three units rented on one-year leases, investors can step right into a stable income stream while positioning for even stronger returns. The property itself has a charming farmhouse style that fits seamlessly with the region s relaxed character and local wine country vibe.This triplex offers a huge, fully fenced shared yard space.Just blocks from Downtown Newberg, with its thriving restaurants, coffee shops, and boutique shopping.Close proximity to George Fox University and Linfield University; ensuring a consistent rental demand from faculty, staff, and students.Nestled in the heart of Oregon s wine country, attracting both long-term residents and those who want to live in one of the Willamette Valley s most desirable small towns.This property checks every box for investors seeking turnkey stability with growth potential: fully renovated units, strong rental demand, and city-approved development options.Offers subject to interior inspections. Buyers to perform their own due diligence and verify all financials, land use statutes, development potential, and any other information to their satisfaction.
MLS# 582276180

Courtesy Of Premiere Property Group, LLC

(503) 670-9000

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Wood Siding
  • Lot Size
    0.22 Acres

Map and Directions

Directions to 814 E 4th St, Newberg, OR 97132

Home seller CENTURY 21 Northstar

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Northstar

(503) 297-1014
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.