504 East 9th 10 12 Street

Newberg, OR 97132

$525,000
Price
Beds
1,536 Sq. Ft.
$342 / Sq. Ft.
1,536
Sq. Ft.
$342
per Sq. Ft.

Description

Discover the perfect investment opportunity or starter home! This well-maintained duplex is situated in a peaceful neighborhood and features two units, each offering 2 bedrooms and 1 bathroom. Newberg is a great place to invest in a duplex. The town is home to George Fox University, bringing in many students and faculty looking for rentals. The area's growing population and stable economy mean there’s always a demand for housing. Plus, the natural beauty and wine country location make it an attractive...Discover the perfect investment opportunity or starter home! This well-maintained duplex is situated in a peaceful neighborhood and features two units, each offering 2 bedrooms and 1 bathroom. Newberg is a great place to invest in a duplex. The town is home to George Fox University, bringing in many students and faculty looking for rentals. The area's growing population and stable economy mean there’s always a demand for housing. Plus, the natural beauty and wine country location make it an attractive place to live. Investing in a duplex here could be a smart move for steady rental income. Units have new breaker panels and either have or are wired for cadet heaters. Roof is only 5yrs old.
  1. Listed by Felicity Cortese • Keller Williams Realty Portland Premiere

Property Details for 504 East 9th 10 12 Street

Parking Features
Attached
Zoning
R-3
Garage Spaces
2.00
Parking Total
2.00
LISTING UPDATED: 08/24/2024 09:44 PM

Property Details for 504 East 9th 10 12 Street

StatusActive
MLS #24398811
Days on Market90
Taxes$2,295 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1972
Lot Size0.10 AC / 4,356 SF
CountyYamhill County

Building Information for 504 East 9th 10 12 Street

Stories1Residences2Year Built1972Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 504 East 9th 10 12 Street

Summary
Location and General Information
  • Country: US
  • Directions: E 9th St
  • Road Surface: Paved
School Information
  • Elementary School: Edwards
  • High School: Newberg
  • Middle Or Junior School: Chehalem Valley
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $2,295.28
  • Parcel Number: 58555
  • Tax Legal Description: TOWNSHIP 3S RANGE 2W SECTION 19 QTR D QQTR D TAXLOT 02900
Property
Lot Information
  • Acres: 0.1
  • Lot Description: Level
  • 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: Existing
  • Year Built: 1972
Utilities
  • Fuel Description: Electricity
  • Heating Description: Baseboard
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $31,745.00
  • Gross Rent Multiplier: $16.54
  • Net Income Actual: $14,245.00
  • Operating Expense: $17,500.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1536
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Rent: $1,325
  • Unit Type 1 SqFt: 768.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Rent: $1,360
  • Unit Type 2 SqFt: 768.0
  • Unit Type 2 Units Total: 1

Schools near 504 East 9th 10 12 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 - K to 10
Rating
School
Distance
Edwards Elementary School
PublicK to 5

Chehalem Valley Middle School
Public6 to 8

Newberg Senior High School
Public9 to 12

Ambleside of Willamette Valley
PrivateK to 10

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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504 East 9th 10 12 Street is a multi-family home for sale in Newberg, OR 97132. This property was listed for sale on August 24, 2024 by Keller Williams Realty Portland Premiere, it's currently listed at $525,000. This listing's school district is Newberg School District 29j. Nearby schools include Edwards Elementary School, Chehalem Valley Middle School and Newberg Senior High School. 504 East 9th 10 12 Street is a 0-bed, 0-bath, 1,536 sqft multi-family home built in 1972.

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 Keller Williams Realty Portland Premiere

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