1552 E 3rd St Newberg, OR 97132
Estimated payment $5,886/month
Highlights
- Territorial View
- Zoned Heating
- Level Lot
- No HOA
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,575
Year Built
- Built in 2006
Lot Details
- 10,018 Sq Ft Lot
- Level Lot
Home Design
- Composition Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,728 Sq Ft Home
- 2-Story Property
- Territorial Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Parking
- 8 Parking Spaces
- Driveway
- Open Parking
Schools
- Edwards Elementary School
- Mountain View Middle School
- Newberg High School
Utilities
- No Cooling
- Zoned Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 60285
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $18,833
- Gross Income $61,045
- Net Operating Income $32,622
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,575 | $407,479 | -- | -- |
| 2024 | $6,324 | $395,611 | -- | -- |
| 2023 | $6,107 | $384,088 | $0 | $0 |
| 2022 | $5,943 | $372,901 | $0 | $0 |
| 2021 | $5,782 | $362,040 | $0 | $0 |
| 2020 | $5,207 | $351,495 | $0 | $0 |
| 2019 | $5,137 | $341,257 | $0 | $0 |
| 2018 | $5,164 | $331,317 | $0 | $0 |
| 2017 | $5,490 | $321,667 | $0 | $0 |
| 2016 | $5,334 | $312,298 | $0 | $0 |
| 2015 | $5,029 | $292,773 | $0 | $0 |
| 2014 | $5,074 | $303,203 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/07/2026 05/07/26 | For Sale | $999,999 | +138.1% | $268 / Sq Ft | |
| 12/23/2013 12/23/13 | Sold | $420,000 | -1.2% | $113 / Sq Ft | View Prior Sale |
| 10/31/2013 10/31/13 | Pending | -- | -- | -- | |
| 10/09/2013 10/09/13 | For Sale | $424,900 | -- | $114 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $125,000 | Fidelity National Title Co | |
| Warranty Deed | $87,000 | Fidelity National Title Co | |
| Quit Claim Deed | -- | Fnt | |
| Quit Claim Deed | -- | Fnt | |
| Warranty Deed | $98,147 | -- | |
| Trustee Deed | $98,147 | Fnt |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $283,000 | Purchase Money Mortgage |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 460648136
APN: 60285
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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Ask me questions while you tour the home.