814 E 4th St, Newberg, OR 97132
Local realty services provided by:Knipe Realty ERA Powered
814 E 4th St,Newberg, OR 97132
$874,998
- - Beds
- - Baths
- 2,603 sq. ft.
- Multi-family
- Active
Listed by:patti jensen
Office:premiere property group, llc.
MLS#:582276180
Source:PORTLAND
Price summary
- Price:$874,998
- Price per sq. ft.:$336.15
About this home
Attention Investors! This dialed-in triplex offers the perfect blend of modern upgrades, strong rental appeal, and long-term development potential. Each unit has been completely refreshed with new surfaces, appliances, and systems, plus a new roof and windows, delivering true move-in ready condition and peace of mind for years to come. Situated on an oversized corner lot, this property offers enhanced curb appeal, added privacy, and flexible future use. The City of Newberg has already approved this lot for dividing. Ask about estimated costs to pursue development and maximize this property’s full potential. Current YTD financials reflect periods of vacancy during renovations and also include owner-paid electrical expenses prior to meter installation; tenants now pay their own electricity. With all three units rented on one-year leases, investors can step right into a stable income stream while positioning for even stronger returns. The property itself has a charming farmhouse style that fits seamlessly with the region’s relaxed character and local wine country vibe.This triplex offers a huge, fully fenced shared yard space.Just blocks from Downtown Newberg, with its thriving restaurants, coffee shops, and boutique shopping.Close proximity to George Fox University and Linfield University; ensuring a consistent rental demand from faculty, staff, and students.Nestled in the heart of Oregon’s wine country, attracting both long-term residents and those who want to live in one of the Willamette Valley’s most desirable small towns.This property checks every box for investors seeking turnkey stability with growth potential: fully renovated units, strong rental demand, and city-approved development options.Offers subject to interior inspections. Buyers to perform their own due diligence and verify all financials, land use statutes, development potential, and any other information to their satisfaction.
Contact an agent
Home facts
- Year built:1895
- Listing ID #:582276180
- Added:1 day(s) ago
- Updated:October 02, 2025 at 11:23 AM
Rooms and interior
- Living area:2,603 sq. ft.
Heating and cooling
- Cooling:Wall Unit
Structure and exterior
- Roof:Composition
- Year built:1895
- Building area:2,603 sq. ft.
- Lot area:0.22 Acres
Schools
- High school:Newberg
- Middle school:Mountain View
- Elementary school:Edwards
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$874,998
- Price per sq. ft.:$336.15
- Tax amount:$2,706 (2024)
New listings near 814 E 4th St
- New$279,000Active2 beds 1 baths1,068 sq. ft.
214 S Meridian St, Newberg, OR 97132
MLS# 280942208Listed by: EXP REALTY, LLC - New$539,000Active3 beds 2 baths1,373 sq. ft.
1108 N Hadley Rd, Newberg, OR 97132
MLS# 102222396Listed by: CASCADE HASSON SOTHEBY'S INTERNATIONAL REALTY - Open Sat, 12 to 4pmNew$625,000Active4 beds 3 baths2,523 sq. ft.
2020 N Carol Ave, Newberg, OR 97132
MLS# 392107609Listed by: KELLER WILLIAMS REALTY PORTLAND PREMIERE - Open Sun, 1 to 3pmNew$472,500Active3 beds 3 baths1,562 sq. ft.
249 E Barbaras Way, Newberg, OR 97132
MLS# 113279364Listed by: REDFIN - New$669,000Active-- beds -- baths2,552 sq. ft.
714 S Meridian St, Newberg, OR 97132
MLS# 580455298Listed by: COLDWELL BANKER PROFESSIONAL - New$110,000Active3 beds 2 baths1,296 sq. ft.
1000 S Mckern Ct #10, Newberg, OR 97132
MLS# 538030033Listed by: WILLCUTS COMPANY REAL ESTATE - Open Sun, 1 to 3pmNew$650,000Active6 beds 3 baths2,941 sq. ft.
261 Burl St, Newberg, OR 97132
MLS# 136439301Listed by: WINDERMERE HERITAGE - Open Sun, 3 to 5pmNew$485,000Active2 beds 1 baths940 sq. ft.
206 E 5th St, Newberg, OR 97132
MLS# 728120474Listed by: DORE - NewListed by ERA$581,000Active4 beds 3 baths1,836 sq. ft.
400 W Dixon Dr, Newberg, OR 97132
MLS# 436271916Listed by: MORE REALTY