607 W 1st St, Newberg, OR 97132
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
607 W 1st St,Newberg, OR 97132
$1,195,900
- - Beds
- - Baths
- 3,426 sq. ft.
- Multi-family
- Active
Listed by:debbi s d burright
Office:burright realty group llc.
MLS#:216501468
Source:PORTLAND
Price summary
- Price:$1,195,900
- Price per sq. ft.:$349.07
About this home
If you have always wanted to own an investment property, but found there was always too much to fix up or repair to bring in great revenue? Well this triplex is one that will save you all the trouble and expense. It has been extensively remodeled in 2020/2021 and has a consistent rental history. Designed with ease of maintenance, all the major work has been done. No need to use your money to fix it up. Gross receipts of nearly 80K/year and low expenses make for lucrative passive income. All units are on renewed 12 month leases at great market rates with some room for increases. New or newer - LVP Floors, carpets, roof, TREX decking/steps, appliances, granite, light fixtures, plumbing fixtures, and so much more. Each unit offers affordable central HVAC and indoor washer/dryer hook-up. The updated look of each unit makes them very easy to rent at market rate and stay rented. Landlord only pays water/sewer with low cost internet paid for Unit 3 because of a security camera and light. That unit has also been an owner's unit and comes with upgraded appliances/HVAC/Air Cleaner. Please do not drive onto property or disturb the tenants. There is no sign on the property. Write offers subject to interior walk-thru upon approved offer with verified funds or loan approval letter. Buyer to verify schools. No Seller Carry.
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Home facts
- Year built:1998
- Listing Id #:216501468
- Added:83 day(s) ago
- Updated:August 14, 2025 at 11:13 AM
Rooms and interior
- Living area:3,426 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Forced Air 90
Structure and exterior
- Roof:Composition, Shingle
- Year built:1998
- Building area:3,426 sq. ft.
- Lot area:0.26 Acres
Schools
- Middle school:Dayton
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,195,900
- Price per sq. ft.:$349.07
- Tax amount:$6,871 (2024)
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate Equinox are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2025 RMLS, Portland, Oregon. Last updated: August 14, 2025New listings near 607 W 1st St
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