309 W SHERMAN St, Newberg, OR 97132

$519,000 Asking Price

3 beds
2 baths
1,616  sqft
Built in 2001

Fantastic investment opportunity in Newberg! This 1616SF Home is two units. Live in one and rent out the other. One unit on the main floor features a living room, kitchen, 2 bedrooms,1 bathroom and it also features an upstairs bonus room and it's own laundry and is 989 square feet. It currently rents for $1820/mo. The second unit features 1 bedroom, 1 bathroom, Kitchen and has it's own laundry with approx. 627sf. It currently rents for $1400/mo. This property has a large backyard. and a 1 car attached garage. Nice front porch and is close to downtown Newberg.

Features & Amenities

Interior

General:
Laundry
Appliances:
Free standing range, Free standing refrigerator
Basement:
Crawl space
Heating:
Zoned

Exterior

General:
Lap siding, Deck, Fenced, Yard
Style:
Stories 2, Custom style
Parking:
Driveway, Parking spaces: 1

Construction

Roofing:
Composition
General:
Concrete perimeter

Location

Road/Access:
Unimproved
Originating MLS:
Regional Multiple Listing Service, Inc.
County:
Yamhill

Lot

Zoning:
R-2, E 1/2 LOTS 4 & 5 - BLOCK 3 IN HURLEY & LARGE'S ADDITION, 517888
View:
View

Utilities

Water:
Public water
Sewer:
Public sewer

Financial

Source:
Regional Multiple Listing Service, Inc.

This listing courtesy of:
Valley Realty, Teri Steneck

About Newberg, OR

Housing

Number of Units
12,682
Median Home Value
$432,468
Median Rent
$1,228

30.80% of housing units are renter occupied.

4.80% are vacant.

Commute

Car
59.35%
Public Transportation
0.18%
Walk to Work
5.31%
Work from Home
33.16%
Other
0.19%

The median travel time to work is 18 minutes.

People

Population
32,732
Median Age
35.60
Median Household Size
2.81

Education

High School
19.20%
Associate’s Degree
8.77%
Bachelor’s Degree
25.10%
Graduate Degree
13.61%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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