Modern Townhomes in
1552 E 3RD St, Newberg, OR 97132
New
MULTI_FAMILY - Newberg, OR
Property size:
3,728 SFLot size:
0.23 AcresPrice / SF:
$268/SF- Added:
- May 7, 2026
- Days on Market:
- 6
- Last Refresh:
- May 12 at 4:06 am
Property Features for 1552 E 3RD St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 2, Bedroom 3
- Standard status
- Active
- APN
- 60285
- Size
- 3,728 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Description
- PT LOTS 5 & 6 - BLOCK E IN HOBSONS ADDITION
- Tax Annual Amount
- 6575
Utilities
- Heating system
- Zoned
Building Details
- Year built
- 2006
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Composition
Listing agent Tim Jackson (503) 957-7981
Listing office Premiere Property Group, LLC 10135 SE Sunnyside Rd Ste 150, Lake Oswego, OR (503) 670-9000
Listing date May 7, 2026
MLS# 460648136
Listing URL
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High income potential: Over $72,000 gross annual income with historically low vacancy.
- Modern townhouse style: Newer 2 bedroom / 1.5 bath units offering a spacious 930 sq ft layout.
- Desirable amenities: Includes washer/dryer in each unit, private backyard & patio, and secured storage.
- Convenient location: Close to George Fox & PCC colleges, wineries, shopping, and restaurants.
- Each unit includes two dedicated off‑street parking spaces.
- Relatively new roof: The roof was replaced approximately 5 years ago.
Overview
This multi-family property in Newberg, Oregon, consists of four modern townhomes with the potential to generate over $72,000 gross annually. The units feature historically low vacancy rates. Profit and loss statements from the past six years are available, demonstrating consistent and stable income growth and pride of ownership. A new roof was installed five years ago. Two units are currently rented below market value, while the other two are closer to market rates. Each townhouse-style unit includes 2 bedrooms and 1.5 bathrooms, offering a spacious layout of 930 square feet. A half bath is located downstairs, with a full bath upstairs. Each unit has a nice grass backyard and patio, along with a secured storage room and in-unit washer and dryer. High-efficiency individual room heating is installed. The living room and kitchen area are spacious, with newer flooring in the kitchen and living room. Each unit has two off-street parking spaces. The property is situated in a quiet neighborhood and street, close to George Fox and PCC colleges, wineries, wine country, shopping, and restaurants. The property is a 4-plex on a 0.23-acre lot, with a total building size of 3728 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Newberg
- County
- Yamhill
- State
- Oregon
- Longitude
- -122.96175
- Latitude
- 45.298334
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Updated 4-plex with income potential in a quiet neighborhood.
Where is this quadplex located?
The property is located at 1552 E 3RD St Newberg, OR.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: High income potential: Over $72,000 gross annual income with historically low vacancy.; Modern townhouse style: Newer 2 bedroom / 1.5 bath units offering a spacious 930 sq ft layout.; Desirable amenities: Includes washer/dryer in each unit, private backyard & patio, and secured storage.
