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22740 NE HIGHWAY 240 Newberg, OR $ 1,275,000
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22740 NE HIGHWAY 240
$ 1,275,000
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22740 NE HIGHWAY 240

Newberg, OR, 97132
$ 1,275,000
Bedrooms5 Baths4.0 Sq 4,860

Monthly Estimate*

$ 8,050

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View a Virtual Tour

Multi-Family Home for sale in Newberg, OR

for $1,275,000 with 5 bedrooms and 4 full baths. This 4,860 square foot home was built in 1957 on a lot size of 11.9.

A Rare Find in Newberg! 2 legal residences on one parcel! 11.9 acres, large shops, beautiful property. Main house: 3bd, 2ba. Second home: 2bd 2ba is Not Conditional Use, may be used as a rental and/or qualify for a replacement dwelling permit (buyer due diligence). This property offers flexibility! Bring your ideas for updates, or move in as is. The large home has 1968sqft on the main floor and includes 3bd, 1ba, updated kitchen, living room, large family room, newer flooring, fresh interior paint, 2 pellet stoves. A large front deck, and another back deck area is ideal for enjoying the views. A mostly unfinished basement with another 1968sqft includes fireplace, and full bath with roll in shower, all waiting for your creativity! The 2nd home is 1991 singlewide MH w/ 924 sqft. If you are looking for multiple separate living quarters, this may be exactly what you have been searching for. Seasonal creek. Gated driveway. Don't miss this one!

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Multi-Family Active

Price

$ 1,275,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,566

Style

Lot Size

11.9

Year Built

1957

Town/City

Newberg

County/Region

Yamhill

MLS | Web ID

139171270
Features
General
Sewer SepticTank
Heating ForcedAir PelletStove
Cooling HeatPump
Roof Composition
Zoning EF-20
Garage Spaces 4.0
Year Built 1957
Stories Count 2
Tax Year 2025
Parcel Number 71512
Gross Income 0
Waterfront Features Creek
County Yamhill
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes Sewer Water
Status Active
Directions NE Highway 240 to property
High School Newberg
City Newberg
Disclosures Disclosure
Number Of Units Total 2
MLS Area _156
Lot Size Square Feet 518364.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Ewing Young
Tax Annual Amount 3566.07
Middle/Junior High School Chehalem Valley
Property Condition UpdatedRemodeled
Virtual Tour https://my.matterport.com/show/?m=LgqPAVDXYy7
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 03S/03W/13 parcel 71512; related account number 481684
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Interior
Basement FullBasement PartiallyFinished
Storage Basement Garage
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 3
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Driveway Garage
Lot Features Cleared GentleSloping PublicRoad Sloped Trees
Water Source Well
Total Parking 4.0
Exterior Description BoardBattenSiding
Foundation Details ConcretePerimeter Slab
Building Area Total 4860.0
Lot Size Acres 11.9
Road Surface Type Gravel Paved
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Internal Only
Street Number 1 22740
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* Excluded Features
List By
More Realty

Broker

patty@pattyhopper.com

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Affordability Calculator

$8,348
Per Month
96%
4%
0%
Monthly Principal & Interest
$8,050
Monthly Property Taxes
$297
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1950155 Elementary School
1949024 Middle School
Newberg High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/16/2026$1,275,000 Listed Price

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22740 NE HIGHWAY 240, Newberg, OR, 97132 is a Multi-Family Home for sale at $1,275,000 with 4,860 sqft and a lot size of 11.9. 22740 NE HIGHWAY 240 has 5 bedrooms, 4.0 baths, and was built in 1957. The property's zip code is 97132 which is in Newberg, OR

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