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611 E HANCOCK ST Newberg, OR $ 1,049,900
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611 E HANCOCK ST
$ 1,049,900
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611 E HANCOCK ST

Newberg, OR, 97132
$ 1,049,900
Bedrooms13 Baths6.0 Sq 5,340

Monthly Estimate*

$ 7,251

611 E HANCOCK ST, Newberg, OR 97132 - Image 1

Multi-Family Home for sale in Newberg, OR

for $1,049,900 with 13 bedrooms and 6 full baths. This 5,340 square foot home was built in 1979 on a lot size of 0.23.

Fully rented six-unit apartment complex in the heart of Newberg, near George Fox University and downtown shopping, dining, and coffee shops. Every apartment is currently rented, offering an established rental property with existing tenants in place.This two-story building features approximately 5,340 square feet, with spacious apartments ranging from approximately 870 to 930 square feet. Off-street parking adds everyday convenience, and washer/dryer hookups are listed in five of the six units. Public water and sewer serve the property.The central location provides convenient access to local services, Highway 99W, and the surrounding Willamette Valley wine country. Whether expanding an existing rental portfolio or purchasing your first apartment building, this fully occupied property offers an opportunity to own six rental units in a convenient Newberg location.Please do not bother tenants. No showings will be permitted until a purchase agreement has been accepted by the seller.

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Multi-Family Active

Price

$ 1,049,900

Bedrooms

13

Full Bath

6

Property Type

Multi-Family

Taxes

$ 5,700

Style

Lot Size

0.23

Year Built

1979

Town/City

Newberg

County/Region

Yamhill

MLS | Web ID

759028435
Features
General
Sewer PublicSewer
Heating WallFurnace
Roof Composition
Zoning C-3
Garage Spaces 0
Year Built 1979
Stories Count 2
Tax Year 2025
Parcel Number 48228
Gross Income 98880.0
County Yamhill
Net Operating Income 39369.0
Operating Expense 54081.0
Property Type MultiFamily
HOA N
Rent Includes TrashCollection
Status Active
Directions Follow E Hancock Street west to 611 E Hancock St.
High School Newberg
City Newberg
Number Of Units Total 6
MLS Area _156
Lot Size Square Feet 10018.0
Listing Terms Cash Other
Elementary School Antonia Crater
Tax Annual Amount 5700.08
Middle/Junior High School Chehalem Valley
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description LOTS 5 & 6 - BLOCK 12 IN DESKINS SECOND ADDITION
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Exterior
Parking Features OffStreet Open
Water Source PublicWater
Exterior Description Brick Cedar CementSiding
Building Area Total 5340.0
Lot Size Acres 0.23
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Interior
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 3
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit 5 Beds Total 2
Unit 6 Beds Total 2
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6
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Internal Only
Street Number 1 611
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* Excluded Features
List By
Berkshire Hathaway Homeservices Nw Real Estate

Broker

jon@wvrealestateteam.com

Email

Affordability Calculator

$7,726
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,251
Monthly Property Taxes
$475
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.
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Nearby
1949239 Elementary School
1949024 Middle School
Newberg High School High School
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Pricing History
DatePricePrice ChangeDescription
10/22/2026$1,049,900 Listed Price

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611 E HANCOCK ST, Newberg, OR, 97132 is a Multi-Family Home for sale at $1,049,900 with 5,340 sqft and a lot size of 0.23. 611 E HANCOCK ST has 13 bedrooms, 6.0 baths, and was built in 1979. The property's zip code is 97132 which is in Newberg, OR

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