$625,000

114 S PARKVIEW Dr, Newberg, OR 97132

5 beds |
3 baths |
2,764 sqft

Single-Family Home
Built in 1947
6,098sqft lot
1 car garage
$226/sqft
Listed 1 month ago

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).

Listing Status:: Pending
Date Added:: April 7, 2026
Data Last Updated:: June 2, 2026 at 6:42PM
Listing Office:: MORE Realty : 503-353-6673
Listing Agent:: Diane Hurst : 971-258-4361
MLS ID:: 346231262

General: Engineered hardwoodHardwood floorsHigh speed internetLaundrySeparate living quarters apartment aux living unitWasher dryerWood floors
Appliances: Builtin ovenCooktopDishwasherRange hoodStainless steel appliance
Basement: Partial basementStorage spaceUnfinished
Heating: Forced airHeat pumpOther
Fireplace: ElectricWood burningFireplaceFireplaces: 1
Disability Feature: Main floor bedroom bath

General: Vinyl sidingCovered deckDeckFencedGardenPorchPrivate roadYard
Style: Capecod
Parking: DrivewayOn streetParking spaces: 1

Roofing: Composition
Windows: DoublePaneWindowsStormWindowVinylFrames
General: BlockConcrete perimeter

Road/Access: Paved
Originating MLS: Regional Multiple Listing ServiceInc.
County: Yamhill

Zoning: LOT 23 - BLOCK B IN HOBSONS ADDITION59698

Water: CommunityPublic water
Sewer: CommunityPublic sewer

Source: Regional Multiple Listing ServiceInc.

This listing courtesy of Diane Hurst , MORE Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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