$874998
4 Bed
3 Bath
2603 SqFt
0 DOM
Built: 1895
Status: Active
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.
Listing Provided Courtesy of Patti Jensen, Premiere Property Group, LLC
582276180
0 DOM
4
9583.2 SqFt
3
2603
1895
R2
Yamhill
52917
Edwards
Mountain View
Newberg
MultiFamily
N 97' LOTS 1-4 OF BLOCK 25 IN EDWARDS ADDITION
Listing Provided Courtesy of Patti Jensen, Premiere Property Group, LLC
PDXA1 Realty Group data last checked: Oct 01, 2025 22:02 | Listing last modified Oct 01, 2025 20:54,
Source:
2603
4
3
Composition
OnStreet
2
1895
No
WoodSiding
WallUnit
WallHeater
PublicSewer
Electricity
2706.08
Sewer,TrashCollection,Water
Cash,Conventional
10-01-2025
No
No
0
0
Cash,Conventional
$874,998
$874,998
Oct 01, 2025 20:54
Listing courtesy of Premiere Property Group, LLC.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
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All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Oct 01, 2025 22:02 | Listing last modified Oct 01, 2025 20:54.
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Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
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