1534 E 3RD ST Newberg, OR97132

$525,000
2 total units
5 total bedrooms
4 total bathrooms
$36,600 annual income
Capitilization Rate: 6.20
2182 total sq. ft
10,000 to 14,999 SqFt
Elementary School: Joan Austin
Middle School: Mountain View
High School: Newberg
Zoning: MFR
1053 days on market

VestorFilter™

Price per unit$262.5K/unit
Price per ft²$240.60/ft²
Price per acre$2.23M/ac
Price per bedroom$105K/bed
Time on market1053 days

Property Description

Solid Bricker Duplex in the Willamette Valley. 100% Occupied, market rents and tenants pay all utilities. $36,000 gross rents. Each unit has 1 car garage, air conditioning, utility rooms and private fenced backyards The 2-bedroom unit is ADA accessible. Built with full brick exteriors, they are meant for long term low maintenance care. Do not disturb tenants. Make offer subject to walk thru interior.

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Financial Data

Date Sold2021-06-21
Sold Price$525,000
Original Price$500,000
Current Price$525,000
Property Taxes$3,827

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Home Facts

StatusSold
Year Built1990
Stories1
Exterior Features
MLS ID21566846

Unit Details

Unit 1
Unit 2