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Sold on 08/17/2023
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314 E Sherman St, Newberg, OR 97132

  • $381,000

    Last sold 08/17/2023 for $380K

  • —

    bed

  • —

    bath

  • 1,700

    Sqft ($224/Sqft)

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About 314 E Sherman St

Property type Multi-family
Neighborhood
Year built 1910
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Hard to find duplex in Newberg's "Golden Triangle". Located just five blocks from George Fox University campus, adjacent to Chehalem Cultural Center, and a short walk to all that downtown has to offer! 314 E. Sherman is a 984 +/- SF historic home with period architectural details. City says 1910 construction, county has 1940. 313 N. Blaine is a 720 +/- SF legal garage conversion on a slab foundation.
Listed by
Listing Agent - Kenneth Marshall
Listing Office - Vintage Realty Northwest
Source: RMLS mls logo
MLS#23346437 • last updated 2 years ago
Movoto checked RMLS for data 1 hour ago
Overview
Heating Baseboard
MLS # 23346437
Type Multi Family
Status Sold
Property Tax 2671.63
Year Built 1910
Exterior
Roof Composition
# Parking Spaces 2
Exterior Features Wood Siding
Lot Desc Corner Lot, Level
Amenities / Utilities
Hot Water Electricity
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Yamhill
Subdivision Golden Triangle
Area 156 - Yamhill County Including Willamina
Elementary School Antonia Crater
Middle School Chehalem Valley
High School Newberg
Zoning R-2
Directions N. Blaine St.
APN 46809
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 1
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1700
Unit Type 2: Rent 1400
Total # of Units 2
Gross Rent Multiplier 11.6
Net Operating Income 26340
Operating Expense 10260
Gross Income 36600
Cap Rate 6.2
Lot/ Land Details
Road Surface Gravel, Paved
$381K
Range: $327K-$434K
Last 30 days 
Rental est.: $1,414/month
Gross rent multiplier: 25.0
  • Sep 2023
    mls logo MLS # 23346437
  • Sep 15, 2023 Sold
    $380,000 (-10.5%)
  • Aug 17, 2023 Pending
    —
  • Jun 26, 2023 Price Change
    $424,500 (-5.6%)
  • Apr 19, 2023 Listed
    —
  • Apr 4, 2023 Pending
    —
  • Mar 17, 2023 Listed
    $449,500 (+130.5%)
  • Mar 2023
    mls logo MLS # 802703
  • Mar 17, 2023 Listed
    $449,500
  • Sep 2014
    mls logo MLS # 14570521
  • Sep 30, 2014 Sold
    $195,000 (-2.5%)
  • Aug 26, 2014 Pending
    —
  • Aug 25, 2014 Listed
    $199,900
  • 314 E Sherman St
    $380K
  • 156 - Yamhill County Including Willamina
    —
  • 97132
    $625K -1% y/y
  • Newberg
    $632K 0% y/y
No chart available
Statistics calculated by Movoto

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7/10
Antonia Crater Elementary School
public Grades K-5
Newberg School District 29j
7/10
Chehalem Valley Middle School
public Grades 6-8
Newberg School District 29j
6/10
Newberg Senior High School
public Grades 9-12
Newberg School District 29j
Source: GreatSchools.org © 2026. All rights reserved.

Around 156 - Yamhill County Including Willamina

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