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Three-Unit Triplex with Covered Patio
For Sale
$709,995

903 W CHARLES St, Newberg, OR 97132

MULTI_FAMILY - Newberg, OR

Property SizeContact for details
Lot Size0.19 Acres
Days on Market52

Property Features for 903 W CHARLES St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 2
Elementary school Edwards
Middle school Chehalem Valley
High school Newberg
Directions 219 South, R Wynooski Rd, Left E 11th, R River St, L 9th St, L Charles St
Subdivision _156
Standard status Active
APN 55291
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description LOT 8 IN CAMELOT ACRES
Tax Annual Amount 5442
Legal Description LOT 8 IN CAMELOT ACRES

Utilities

Heating system Baseboard

Building Details

Year built 1979
Floors in Building 2
Number of units 3
Roof type Composition
Listing Agency: Keller Williams Sunset Corridor · Keller Williams Realty
Listed By: Kevin Mapes · License #200607154
Added: Jun 19 Changed: Aug 9 Last Checked: Aug 9 at 5:06PM
MLS# 652464286

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 three-unit triplex includes three occupied, long-term leased residences. Each unit is configured with two bedrooms and one full bathroom. The layout features a spacious living room that flows into the dining area and kitchen, with both bedrooms located on the same level. The lower unit also includes a covered concrete patio off the dining area, adding outdoor living space.

Built in 1979, the property sits on a 0.19-acre lot and is zoned R2. Heating is provided via baseboard systems, and the roof is composition.

Located in Newberg, the property is near Renne Park, Newberg Dog Park, and Edwards Elementary School, supporting everyday convenience for tenants.

Key Highlights

  • Three occupied, long‑term leased units, each with two bedrooms and one full bathroom
  • Lower unit features a covered concrete patio off the dining area
  • 0.19‑acre lot zoned R2

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Locksmith Carpet & Flooring Store Home Appliance Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

731
Businesses Nearby

Demographics for 97132, OR

32,028
Population
12,411
Households
2.6
Avg Household Size
38
Median Age
39%
College-Educated
93%
High-School Grad
62.6 sq mi
ZIP Area
512
Density / Sq Mi
$95,150
Median Household Income
$46,005
Median Earnings
$1,567
Median Rent
$498,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex on 0.19 acres zoned R2, built in 1979, with three leased long-term units and a covered patio for the lower unit.
Where is this triplex located?
The property is located at 903 W CHARLES St Newberg, OR.
What is the asking price?
The asking price for this property is $709,995.
What are key features of this property?
This property features: Three occupied, long‑term leased units, each with two bedrooms and one full bathroom; Lower unit features a covered concrete patio off the dining area; 0.19‑acre lot zoned R2
More about this property
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