1094 S PENNINGTON DR Newberg, OR $ 649,000
1094 S PENNINGTON DR
$ 649,000
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1094 S PENNINGTON DR

Newberg, OR, 97132
$ 649,000
Bedrooms4 Baths6.0 Sq 2,624

Monthly Estimate*

$ 4,049

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Multi-Family Home for sale in Newberg, OR

for $649,000 with 4 bedrooms and 6 full baths. This 2,624 square foot home was built in 2005 on a lot size of 0.26.

Prime Investment Opportunity in North Newberg Near George Fox University! This well-located duplex features two spacious units—each offering 2 primary suites, a main-level half bath, a nice sized kitchen and an open great room. Both units include fully fenced yards and a single-car garage. Sitting on a large lot, there's exciting potential for development—city may allow the lot to be developed, add another unit, or even build a single-family home (Buyer to verify all potential uses with the city). Unbeatable location close to George Fox University, Chehalem Cultural Center, Chehalem Park & Rec, local parks, shopping, dining and countless vineyards and wineries. Please do not disturb tenants. Offers should be made subject to interior inspection of Unit 2. Buyer to honor existing tenants at closing. Don’t miss this versatile and rare opportunity within walking distance to GFU & in the heart of wine country!

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Multi-Family Active

Price

$ 649,000

Bedrooms

4

Full Bath

6

Property Type

Multi-Family

Taxes

$ 4,484

Style

Lot Size

0.26

Year Built

2005

Town/City

Newberg

County/Region

Yamhill

MLS | Web ID

216845298

Features
General
Sewer PublicSewer
Heating Zoned
Cooling None
Roof Composition
Zoning R2
Garage Spaces 2.0
Year Built 2005
Stories Count 2
Tax Year 2025
Parcel Number 526636
Gross Income 43560.0
County Yamhill
Net Operating Income 39247.0
Operating Expense 9313.0
Property Type MultiFamily
HOA N
Rent Includes Water
Status Active
Directions 99W Rt Meridian RT on Sierra vista RT on Pennington to Long Driveway
High School Newberg
City Newberg
Number Of Units Total 2
MLS Area _156
Lot Size Square Feet 11325.0
Listing Terms Cash Conventional FHA USDALoan VALoan
Elementary School Joan Austin
Tax Annual Amount 4484.64
Middle/Junior High School Mountain View
Virtual Tour https://media.pacwestrmg.com/1094-S-Pennington-Dr/idx
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TOWNSHIP 3S RANGE 2W SECTION 17 QTR C QQTR B TAXLOT 00135 LOT 3 S
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Interior
Basement CrawlSpace
Storage Garage
Hot Water Electricity
Unit 1 Baths Total 3
Unit 1 Beds Total 2
Unit 2 Baths Total 3
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Attached Garage
Lot Features FlagLot Level
Water Source PublicWater
Total Parking 6.0
Exterior Description CementSiding
Building Area Total 2624.0
Lot Size Acres 0.26
Road Surface Type Paved
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Internal Only
Street Number 1 1094
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* Excluded Features
List By
Berkshire Hathaway Homeservices Nw Real Estate

Broker

laura@lauraoviatt.com

Email

Affordability Calculator

$4,423
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,049
Monthly Property Taxes
$374
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949772 Elementary School
1950531 Middle School
Newberg High School High School
Pricing History
DatePricePrice ChangeDescription
9/25/2025$649,000 -7.15% Price Down
7/24/2025$699,000 Listed Price

Map


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1094 S PENNINGTON DR, Newberg, OR, 97132 is a Multi-Family Home for sale at $649,000 with 2,624 sqft and a lot size of 0.26. 1094 S PENNINGTON DR has 4 bedrooms, 6.0 baths, and was built in 2005. The property's zip code is 97132 which is in Newberg, OR