114 S PARKVIEW DR, Newberg, OR 97132

$625,000
5
BD
3
BA
2,764
SqFt

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Sold Price
$625,000
List Price
$625,000
Closing Date
Jun 12, 2026
Days on Market
66
Status
SOLD
MLS#
346231262
Bedrooms
5
Bathrooms
3
Living Area
2,764
Lot Size
5, 000 to 6, 999 SqFt
Region
Yamhill County including Willamina

Property Description

Exceptional investment and lifestyle opportunity combining character, flexibility, and proven income potential! Truly turnkey and income-ready. Flexible 5BD/3BA layout functions as 3 units or a spacious single-family home. Steps away from downtown Newberg and George Fox University. Proven performer with studio averaging $2,000/month and transferable short-term rental permit. Rich vintage charm—coved ceilings, arched doorways, glass knobs—blends seamlessly with key updates including remodeled kitchen/baths, new roof, A/C, electrical panel, basement waterproofing system, and new garage door. Private-entry studio with full bath and separate laundry adds flexibility for rental, guests, or extended living. Unfinished basement and attic plus large side yard offer excellent ADU or expansion potential (buyer to verify).

Additional Information

Tax Amount
$4,149
Year Built
1947
High School
Newberg
Elementary School
Mabel Rush
Middle School
Mountain View
Fireplaces Total
1
Garage Spaces
1
Garage Type
Attached
Acres
0.14
Living Area
2,764
Stories
3
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Accessibility Features
Main Floor Bedroom w/Bath
Master Bedroom Level
Upper
Fireplace Description
Electric, Wood Burning
Fuel Description
Electricity, Wood Burning
Heating Description
Forced Air, Heat Pump, Other
Exterior Description
Vinyl Siding
Roof Type
Composition
Sewer Description
Community, Public Sewer
Style
Capecod
Parking
Driveway, On Street
Parking Description
Driveway, On Street
Road Surface
Paved
Exterior Features
Covered Deck, Deck, Fenced, Garden, Porch, Private Road, Yard
Interior Features
Engineered Hardwood, Hardwood Floors, High Speed Internet, Laundry, Separate Living Quarters/Apartment/Aux Living Unit, Washer/Dryer, Wood Floors
Kitchen Appliances
Built-in Oven, Cooktop, Dishwasher, Range Hood, Stainless Steel Appliance(s)

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of MORE Realty. Selling Office: Coldwell Banker Bain.

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