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903 W Charles St 3 Unit Apartment Building Offered at $709,995 Newberg, OR 97132
Investment Highlights
- Longer Term Tenants
- Near Renne Park, Newberg Dog Park, and Edwards Elementary School
Executive Summary
Agent accompany showings. Please use Aligned Showings to request showings. All three units are occupied, pls do not disturb tenants. We need to provide 24 hour notice for any showing. Unit A lease ends on 7/13/26, Unit B & C are month to month leases. Water & sewer included in rent, typically costs $435/mo. Please email office@connectpdxgroup.com for more interior photos and property profile document.
Exceptional investment opportunity in Newberg! This triplex features three occupied units, each offering 2 bedrooms and 1 full bathroom. All units are leased to long term tenants, providing immediate and stable rental income. Each unit offers a functional floor plan with a spacious living room that flows into the dining area and kitchen, along with two bedrooms located on the same level. The lower unit includes a covered concrete patio off the dining area, providing additional outdoor living space. Conveniently located near Renne Park, Newberg Dog Park, and Edwards Elementary School. An excellent addition to any investment portfolio.
Exceptional investment opportunity in Newberg! This triplex features three occupied units, each offering 2 bedrooms and 1 full bathroom. All units are leased to long term tenants, providing immediate and stable rental income. Each unit offers a functional floor plan with a spacious living room that flows into the dining area and kitchen, along with two bedrooms located on the same level. The lower unit includes a covered concrete patio off the dining area, providing additional outdoor living space. Conveniently located near Renne Park, Newberg Dog Park, and Edwards Elementary School. An excellent addition to any investment portfolio.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$53,400
|
$18.21
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$53,400
|
$18.21
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $53,400 |
| Annual Per SF | $18.21 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $53,400 |
| Annual Per SF | $18.21 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $1,450 | 977 |
| 2+1 | 2 | $1,500 | 977 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 55291 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $337,272 |
Property Taxes
Parcel Number
55291
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$337,272
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903 W Charles St