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504 E 9th 14 St, Newberg, OR 97132

$479,990
•
  • —

    bed

  • —

    bath

  • 1,536

    Sqft ($312/Sqft)

Multi-family for sale 798 days
$2.22K price drop

About 504 E 9th 14 St

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Lot size 4,791 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
A smart way to own a home, build equity, and generate rental income!This well-maintained Newberg duplex offers an excellent opportunity for buyers looking to build wealth through homeownership. Live in one unit while renting out the other, or add a solid income-producing property to your investment portfolio.Each unit features 2 bedrooms and 1 bathroom, providing a comfortable and practical layout for tenants or extended family. Both units have updated breaker panels and either include Cadet heaters or are already wired for them.Located in a peaceful neighborhood, the property benefits from Newberg’s strong rental demand. George Fox University attracts students, faculty, and staff seeking nearby housing, while the area’s growing population, stable economy, and desirable wine-country setting continue to make Newberg an appealing place to live.Whether you are a first-time buyer hoping to offset your monthly mortgage payment or an investor seeking steady rental potential, this duplex is an opportunity worth exploring.
Listed by
Listing Agent - Felicity Cortese
Listing Agent Contact: 971-754-8088
Listing Office - Keller Williams Realty Portland Premiere
Source: RMLS mls logo
MLS#24190404 • last updated 1 week ago
Movoto checked RMLS for data 7 minutes ago
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Overview
Heating Forced Air
MLS # 24190404
Type Multi Family
Virtual Tour External Link
Status Active
Lot Size (SqFt) 4791
Lot Size (Acres) 0.11
Property Tax 2316.09
Year Built 1972
Exterior
Roof Composition
# Parking Spaces 2
# Garage Spaces 2
Exterior Features T-111 Siding
Lot Desc Level
Amenities / Utilities
Hot Water Gas
Sewer/ Septic Public Sewer
Water Source Public Water
Location
County Yamhill
Area 156 - Yamhill County Including Willamina
Elementary School Edwards
Middle School Chehalem Valley
High School Newberg
Zoning R-3
Directions BLAINE TO E 9TH
APN 58546
Multifamily Details
Unit Type 1: # Bedrooms 2
Unit Type 1 : Total Baths 1
Unit Type 2: # Bedrooms 2
Unit Type 2: Total Baths 1
Unit Type 1: Rent 1390
Unit Type 2: Rent 1400
Total # of Units 2
Gross Rent Multiplier 14.96
Net Operating Income 16539
Operating Expense 15546
Gross Income 32085
Cap Rate 3.45
Lot/ Land Details
Road Surface Paved
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Source: GreatSchools.org © 2026. All rights reserved.

Around 156 - Yamhill County Including Willamina

Explore everything this neighborhood has to offer.
53/100
Walk
83/100
Family
34/100
Dining
72/100
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  • Real Estate
  • OR
  • Yamhill County
  • Newberg
  • 97132
  • 504 E 9th 14 St

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