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615 N ELLIOTT RD Newberg, OR $ 2,599,000
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$ 2,599,000 Get more info
615 N ELLIOTT RD
$ 2,599,000
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615 N ELLIOTT RD

Newberg, OR, 97132
$ 2,599,000
Bedrooms5 Baths4.0

Monthly Estimate*

$ 16,214

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Multi-Family Home for sale in Newberg, OR

for $2,599,000 with 5 bedrooms and 4 full baths. This home was built in 1996 on a lot size of 0.95.

Elliott Estates is a well maintained townhome community located five blocks from George Fox University in Newberg, Oregon. The property contains ten townhomes with attached garages, washer/dryer hookups, plus additional land to potentially add more density. In-place rental rates range from $1,505 - $1,900 per month. Residents are charged a flat rate utility bill back for water and sewer and manage their own garbage pickup.

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Multi-Family Active

Price

$ 2,599,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,183

Style

Lot Size

0.95

Year Built

1996

Town/City

Newberg

County/Region

Yamhill

MLS | Web ID

564483777
Features
General
Sewer PublicSewer
Heating WallHeater
Roof Composition
Zoning R-2
Year Built 1996
Stories Count 2
Tax Year 2024
Parcel Number 38499
Gross Income 218090.0
County Yamhill
Net Operating Income 141520.0
Operating Expense 76570.0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions Oak Drive
High School Newberg
City Newberg
Number Of Units Total 10
MLS Area _156
Lot Size Square Feet 41382.0
Listing Terms CallListingAgent
Tax Annual Amount 9183.37
Middle/Junior High School Mountain View
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description PARCEL 2 & 3 PARTITION P1995-42
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Interior
Basement CrawlSpace
Storage Garage
Unit 1 Baths Total 2
Unit 1 Beds Total 2
Unit 2 Baths Total 2
Unit 2 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2
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Exterior
Parking Features Garage OffStreet
Water Source PublicWater
Exterior Description WoodSiding
Lot Size Acres 0.95
Road Surface Type Concrete
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Internal Only
Street Number 1 615
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* Excluded Features
List By
Norris & Stevens Investment Real Estate Services

Broker

DavidK@norris-stevens.com

Contact

Affordability Calculator

$16,980
Per Month
95%
5%
0%
Monthly Principal & Interest
$16,214
Monthly Property Taxes
$765
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
4937651 Elementary School
1950531 Middle School
Newberg High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/1/2025$2,599,000 -3.74% Price Down
11/25/2025$2,700,000 Listed Price

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615 N ELLIOTT RD, Newberg, OR, 97132 is a Multi-Family Home for sale at $2,599,000 with a lot size of 0.95. 615 N ELLIOTT RD has 5 bedrooms, 4.0 baths, and was built in 1996. The property's zip code is 97132 which is in Newberg, OR

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