$1,100,000

405 S Blaine St Newberg, OR 97132

Estimated payment $6,572/month

Total Views 207
2 Beds
2 Baths
3,700 Sq Ft
$297 Price per Sq Ft

Highlights

  • Hot Property
  • Laundry Facilities
  • No Heating
  • No HOA
  • Wood Siding
  • 1-minute walk to Memorial Park

About This Home

405 South Blaine Street (5-Plex) offers an exceptional urban living experience with a stellar Walk Score of 89. This prime location provides residents seamless access to local amenities including Memorial Park, Rotary Centennial Park & Hoover Park within walking distance. Shopping convenience is paramount with three major shopping centers ~ One Everest Center, Vintage Square & Crossroads Plaza—all within a quick 4-minute drive. Healthcare needs are easily met with Providence Newberg Medical Center just 6 minutes away. The property’s strategic positioning combines urban accessibility with the charm of Newberg’s close-knit community, making it an ideal investment!

Listing Agent

Steve Odermann

Windermere Realty Trust Brokerage Email: sodermann@windermere.com License #201209382 Listed on: 08/08/2025

Windermere Realty Trust

Co-Listing Agent

Nick Odermann

Windermere Realty Trust Brokerage Email: sodermann@windermere.com License #201211490

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,592

Year Built

  • Built in 1976

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 9 Parking Spaces
  • Covered Parking
  • Paved Parking

Schools

  • Edwards Elementary School
  • Chehalem Valley Middle School
  • Newberg High School

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 49502

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $27,784
  • Gross Income $81,700
  • Net Operating Income $53,916

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,592

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1976
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Attached,IndividualStorageUnits
  • Total Bedrooms: 2
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Roof: Composition

Garage/Parking

  • Parking Description: Covered, Paved
  • Attached Garage: No
  • Total Parking Spaces: 9.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry
  • Association: No

Schools

  • Elementary School: Edwards
  • High School: Newberg
  • Middle Or Junior School: Chehalem Valley

Lot Info

  • Zoning: R3
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0
  • Parcel #: 49502

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6591.93

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 5
  • Gross Rent Multiplier: 13.46
  • Annual Gross Income: 81700.0
  • Property Net Operating Income: 53916.0
  • Annual Operating Expense: 27784.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 For Sale $1,100,000 +131.3% $297 / Sq Ft
07/27/2016 07/27/16 Sold $475,500 -2.9% --
05/16/2016 05/16/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $489,900 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 628668462

Regional Multiple Listing Service (RMLS)

Oregon Yamhill County Newberg 97132

405 S Blaine St, Newberg, OR

This home is located at 405 S Blaine St, Newberg, OR 97132 and is currently priced at $1,100,000, approximately $297 per square foot. This property was built in 1976. 405 S Blaine St is a home located in Yamhill County with nearby schools including Edwards Elementary School, Chehalem Valley Middle School, and Newberg Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) 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 © 2025 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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Steve Odermann
Listing Agent
Steve Odermann
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Windermere Realty Trust
(971) 315-9305