Recently Listed New Construction 515 Merlot ST
Amity, OR, 97101 $ 599,900
Bedrooms5 Baths5.0 Sq 2,185 Monthly Estimate*
$ 4,143
for $599,900 with 5 bedrooms and 5 full baths. This 2,185 square foot home was built in 2026 on a lot size of 0.15.
BRAND NEW CONSTRUCTION WITH ADU! Discover small town living with big possibilities in Amity, Oregon! Situated on a desirable corner lot in a newer neighborhood on the edge of town, this thoughtfully designed property offers TWO separate living spaces, each with its own attached garage and private rear deck. The attractive townhome style design delivers exceptional curb appeal, modern finishes, and flexible living arrangements. The 1,386 SQFT MAIN RESIDENCE features 3 bedrooms, 2.5 bathrooms, an open concept living area, and an attached single-car garage. The adjoining ACCESSORY DWELLING UNIT (ADU) offers 2 bedrooms, 1.5 bathrooms, its own kitchen and living space, and an attached single car garage. Whether you are looking to offset your mortgage with rental income, accommodate multigenerational living, provide independent space for extended family, or expand your investment portfolio, this property offers outstanding versatility. Enjoy the peace of mind that comes with brand new construction, the convenience of two separate residences, and the added benefit of LOW RURAL PROPERTY TAXES! Located in charming Amity, where small town atmosphere meets the beauty of Oregon wine country. A rare opportunity to own a brand new, income producing property with excellent curb appeal and multiple possibilities. LIVE IN ONE, RENT THE OTHER, OR ADD BOTH TO YOUR RENTAL PORTFOLIO!
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FeaturesGeneralSewer PublicSewer
Heating WallHeater
Cooling WallUnit
Roof Composition
Zoning MDR
Garage Spaces 2.0
Year Built 2026
Stories Count 2
Parcel Number 646105
Gross Income 47880.0
County Yamhill
Net Operating Income 32880.0
Operating Expense 15000.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions Corner lot South of 513 Merlot St.
High School Amity
City Amity
Disclosures Exempt
Number Of Units Total 2
MLS Area _156
Lot Size Square Feet 6534.0
Listing Terms Cash FHA StateGILoan USDALoan VALoan
Elementary School Amity
Tax Annual Amount 629.3
Middle/Junior High School Amity
Property Condition UnderConstruction
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TOWNSHIP 5S RANGE 4W SECTION 20 QTR D QQTR B TAXLOT 00100
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InteriorBasement CrawlSpace
Hot Water Electricity
Unit 1 Baths Total 3
Unit 1 Beds Total 3
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2
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ExteriorParking Features Attached Garage
Lot Features CornerLot GentleSloping
Water Source PublicWater
Total Parking 2.0
Exterior Description CementSiding LapSiding ShingleSiding
Foundation Details ConcretePerimeter
Building Area Total 2185.0
Lot Size Acres 0.15
Road Surface Type Paved
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* Excluded FeaturesList ByBerkshire Hathaway Homeservices Real Estate ProfessionalsBroker
markshadrin@bhhsnwrep.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,143
- Monthly Property Taxes
- $52
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Amity, OR
Average List Price $599,900
Percent of Sale Price 0%
About Amity, OR 1,511 Population
14% Since 2002
$ 58,066 Median Income
37 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
1950071 Elementary School
1950548 Middle School
Amity High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/13/2026 | $599,900 | | Listed Price |
515 Merlot ST, Amity, OR, 97101 is a Multi-Family Home for sale at $599,900 with 2,185 sqft and a lot size of 0.15. 515 Merlot ST has 5 bedrooms, 5.0 baths, and was built in 2026. The property's zip code is 97101 which is in Amity, OR