309 West Sherman Street

Newberg, OR 97132

$519,000
Price
Beds
1,616 Sq. Ft.
$321 / Sq. Ft.
1,616
Sq. Ft.
$321
per Sq. Ft.

Description

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.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.
  1. Listed by Teri Steneck • Valley Realty

Property Details for 309 West Sherman Street

Subdivision
Newberg
Parking Features
Driveway
Zoning
R-2
View
Territorial
Garage Spaces
1.00
Parking Total
3.00
LISTING UPDATED: 12/14/2024 08:26 AM

Property Details for 309 West Sherman Street

StatusActive
MLS #24173649
Days on Market50
Taxes$3,852 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2001
Lot Size0.10 AC / 4,356 SF
CountyYamhill County

Building Information for 309 West Sherman Street

Stories2Residences2Year Built2001Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 309 West Sherman Street

Summary
Location and General Information
  • Country: US
  • Directions: From Portland, 99W in Newberg, North on Main, Left on Sherman
  • Road Surface: Unimproved
School Information
  • Elementary School: Edwards
  • High School: Newberg
  • Middle Or Junior School: Chehalem Valley
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $3,851.52
  • Parcel Number: 517888
  • Tax Legal Description: E 1/2 LOTS 4 & 5 - BLOCK 3 IN HURLEY & LARGE'S ADDITION
Property
Lot Information
  • Acres: 0.1
  • Lot Description: Level, Private
  • Lot Size Square Feet: 4356.0
  • Lot Size Range: Sq Ft3000to4999
  • Lot Size: 3,000 to 4,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 2001
Utilities
  • Cooling Description: Wall Unit
  • Fuel Description: Electricity, Gas
  • Heating Description: Zoned
  • Hot Water Description: Gas
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Amenities
Amenities Information
  • Internet Service Type: Cable
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $38,640.00
  • Gross Rent Multiplier: $13.43
  • Investor Information: According To Owner, Leases
  • Net Income Actual: $33,589.00
  • Operating Expense: $5,051.00
  • Storage: Attached
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1616
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Baths Decimal: 1.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Range, Refrigerator, Washer Dryer Hookup
  • Unit Type 1 Rent: $1,820
  • Unit Type 1 SqFt: 989.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Baths Decimal: 1.00
  • Unit Type 2 Beds Total: 1
  • Unit Type 2 Features: Washer Dryer Hookup
  • Unit Type 2 Rent: $1,400
  • Unit Type 2 SqFt: 627.0
  • Unit Type 2 Units Total: 1

Property History for 309 West Sherman Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 309 West Sherman Street

Taxable ValueLand-Additions-Total-
Tax Record2023$3,719 ($310 / month)
Home Facts
Beds4Baths2Total Finished SqFt1,616 SqFtAbove Grade Finished SqFt1,616 SqFtStories1Lot Size4,504 SqFtStyleSingle Family ResidenceYear Built2001ZoningR2CountyYAMHILLAPNR3218DC 06701

Schools near 309 West Sherman Street

This home is within Newberg School District 29j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 6 to 12
Rating
School
Distance
Antonia Crater Elementary School
PublicK to 5

Chehalem Valley Middle School
Public6 to 8

Newberg Senior High School
Public9 to 12

Chehalem Academy
Private6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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309 West Sherman Street is a multi-family home for sale in Newberg, OR 97132. This property was listed for sale on November 1, 2024 by Valley Realty, it's currently listed at $519,000. It has been on the market for a total of 50 days and was last sold on September 9, 2022. This listing's school district is Newberg School District 29j. Nearby schools include Antonia Crater Elementary School, Chehalem Valley Middle School and Newberg Senior High School. 309 West Sherman Street is a 0-bed, 0-bath, 1,616 sqft multi-family home built in 2001.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Valley Realty

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