Two-Unit Duplex
504 E 9TH 14 St Newberg, OR 97132
For Sale
$479,990
MULTI_FAMILY - Newberg, OR
Property Size1,536 SF
Lot Size0.11 Acres
Price / SF$312.49
Days on Market702
Property Features for 504 E 9TH 14 St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-3
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4
- Standard status
- Active
- APN
- 58546
- Size
- 1,536 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- TOWNSHIP 3S RANGE 2W SECTION 19 QTR D QQTR D TAXLOT 02800
- Tax Annual Amount
- 2316
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1972
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Composition
Listing Agency:
Keller Williams Realty Portland Premiere
(503) 597-2444
Listed By:
Felicity Cortese
(971) 754-8088
Added: Aug 24, 2024
Changed: Jul 26
Last Checked: Jul 26 at 10:06AM
MLS# 24190404
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex includes two separate units, each configured with 2 bedrooms and 1 bathroom. The property also features new breaker panels. For heating, the units either have Cadet heaters in place or are wired for Cadet heaters, providing flexibility for tenant comfort and maintenance planning.
Located in Newberg, Oregon in a R-3 zoned setting within Yamhill County, the duplex benefits from local demand drivers tied to George Fox University. The property is positioned for buyers and operators seeking an owner-occupied or rental-focused setup in a community supported by students and faculty.
For tenants, the layout offers two functional bedrooms and a full bath per unit, supported by updated breaker panels and Cadet heater provisions. For buyers or investors, the two-unit structure can simplify management compared to single-home rentals, while the duplex configuration supports a straightforward, repeatable residential tenancy model. If you’re looking for a duplex in Newberg, this property’s unit configuration and electrical updates are key practical details to review.
Located in Newberg, Oregon in a R-3 zoned setting within Yamhill County, the duplex benefits from local demand drivers tied to George Fox University. The property is positioned for buyers and operators seeking an owner-occupied or rental-focused setup in a community supported by students and faculty.
For tenants, the layout offers two functional bedrooms and a full bath per unit, supported by updated breaker panels and Cadet heater provisions. For buyers or investors, the two-unit structure can simplify management compared to single-home rentals, while the duplex configuration supports a straightforward, repeatable residential tenancy model. If you’re looking for a duplex in Newberg, this property’s unit configuration and electrical updates are key practical details to review.
Key Highlights
- Duplex built in 1972 featuring 2 units, each with 2 bedrooms and 1 bathroom
- Forced‑air heating
- Roof type: composition
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.8k | $24.60 |
| − Vacancy | −$1.9k | −$1.25 |
| EGI | $35.9k | $23.35 |
| − OpEx | −$16.1k | −$10.51 |
| NOI | $19.7k | $12.84 |
1,536 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$281.7K
$246.5K – $328.7K
NOI $19,722 @ 7.0% cap · market cap 4.11%
Second Best
Multifamily LT 5
$241.7K
$211.5K – $282.0K
NOI $16,922 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$414.6K
$362.8K – $483.7K
NOI $29,022 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex with two 2-bedroom, 1-bath units and updated electrical panels.
Where is this duplex located?
The property is located at 504 E 9TH 14 St Newberg, OR.
What is the asking price?
The asking price for this property is $479,990.
What are key features of this property?
This property features: Duplex built in 1972 featuring 2 units, each with 2 bedrooms and 1 bathroom; Forced‑air heating; Roof type: composition
