$495,600
$39K PRICE DROP

504 E 9th 14 St Newberg, OR 97132

Estimated payment $2,792/month

Total Views 112,782
4 Beds
2 Baths
1,536 Sq Ft
$323 Price per Sq Ft

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Level Lot
  • Chehalem Valley Middle School Rated 9+
  • Forced Air Heating System
  • 4-minute walk to Newberg Dog Park

About This Home

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.

Listing Agent

Felicity Cortese

Keller Williams Realty Portland Premiere Brokerage Phone: 971-754-8088 License #201231505 Listed on: 08/24/2024

Keller Williams Realty Portland Premiere

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,316

Year Built

  • Built in 1972

Lot Details

  • 4,791 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 58546

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $15,546
  • Gross Income $32,085
  • Net Operating Income $16,539

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,316

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1972
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 495600.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Total Bedrooms: 4
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: R-3
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 58546

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 2316.09
  • Tax Opportunity Zone: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.45
  • Annual Gross Income: 32085.0
  • Property Net Operating Income: 16539.0
  • Annual Operating Expense: 15546.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
09/30/2025 09/30/25 Price Changed $495,600 -2.5% $323 / Sq Ft
07/25/2025 07/25/25 For Sale $508,250 0.0% $331 / Sq Ft
06/19/2025 06/19/25 Off Market $508,250 -- --
03/29/2025 03/29/25 Price Changed $508,250 -5.0% $331 / Sq Ft
08/24/2024 08/24/24 For Sale $535,000 -- $348 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

About the Listing Agent

Felicity Cortese
Felicity Cortese

Keller Williams Realty Portland Premiere

(503) 744-5255

Section Image

I'm an expert real estate agent with Keller Williams Realty Portland Premiere, Tigard OR and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

View Felicity's Profile

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24190404

Regional Multiple Listing Service (RMLS)
Oregon Yamhill County Newberg 97132

504 E 9th 14 St, Newberg, OR

For Sale

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Felicity Cortese
Felicity Cortese
Listing Agent Section Image
Keller Williams Realty Portland Premiere
(503) 744-5255