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Multi-Family: MLS #23404422 Newberg, OR $ 3,800,000
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$ 3,800,000 Get more info
Multi-Family: MLS #23404422
$ 3,800,000
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Multi-Family: MLS #23404422

Newberg, OR, 97132
$ 3,800,000
Bedrooms3 Baths2.0 Sq 11,300

Monthly Estimate*

$ 25,256

MLS #/Web ID: 23404422 - Image 1
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Multi-Family Home for sale in Newberg, OR

for $3,800,000 with 3 bedrooms and 2 full baths. This 11,300 square foot home was built in 1963.

20 units - a mix of (6) 2/1 and (14) 1/1 constructed in 1963. 5.7% cap on actuals. Recent improvements include (2018) - full repaint, drivelane asphalt removed and replaced with 3" of new hot asphalt (2019) - concrete replacement to walkways around perimeter of property and for car ingress / egress (2021) - asphalt sealcoat and restripe.

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Multi-Family Active

Price

$ 3,800,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 14,528

Style

Year Built

1963

Town/City

Newberg

County/Region

Yamhill

MLS | Web ID

23404422
Features
General
Sewer PublicSewer
Heating Other
Zoning R-2
Year Built 1963
Stories 2
Tax Year 2022
Gross Income 0
County Yamhill
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
Rent Includes None
Status Active
Directions E 1st to River St. Head South to property
High School Yamhill-Carlton
City Newberg
NumberOfUnitsTotal 20
MLS Area _156
Street Name RIVER
Listing Terms Cash Conventional
Elementary School Yamhill
Tax Annual Amount 14528.51
Middle/Junior High School Yamhill
Property Condition Approximately
Days on Market 339
Standard Status Active
Legal Description LOTS 1-8 & N 20' LOT 9 - BLOCK 30 IN EDWARDS ADDITION
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Exterior
Water Source PublicWater
Building Area Total 11300.0
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Interior
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Street Suffix ST
Unit Type UnitTypeType1 UnitTypeType2
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Internal Only
Street Number 1 500
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* Excluded Features
List By
Smi Commercial Real Estate Llc

Broker

gabe@smicre.com

Email

Affordability Calculator

$26,467
Per Month
95%
5%
0%
Monthly Principal & Interest
$25,256
Monthly Property Taxes
$1,211
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949023 Elementary School
1949052 Middle School
Yamhill-Carlton High School High School
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Pricing History
DatePricePrice ChangeDescription
6/26/2023$3,800,000 Listed Price

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