Prime Investment Opportunity in North Newberg Near George Fox University! This well-located duplex features two spacious units—each offering 2 primary suites, a main-level half bath, a nice sized kitchen and an open great room. Both units include fully fenced yards and a single-car garage. Sitting on a large lot, there's exciting potential for development—divide the lot, add another unit, or even build a single-family home (Buyer to verify all potential uses with the city). Unbeatable location close to George Fox University, Chehalem Cultural Center, Chehalem Park & Rec, local parks, shopping, dining and countless vineyards and wineries. Please do not disturb tenants. Offers should be made subject to interior inspection of Unit 2. Buyer to honor existing tenants at closing. Don’t miss this versatile and rare opportunity within walking distance to GFU & in the heart of wine country!
Active
$699,000
1094 S Pennington Dr, Newberg, OR 97132
4beds
2,624sqft
Est.:
Multi Family
Built in 2005
-- sqft lot
$-- Zestimate®
$266/sqft
$-- HOA
What's special
Single-car garageFully fenced yardsLarge lotPrimary suitesNice sized kitchenSpacious unitsOpen great room
- 23 days
- on Zillow |
- 756 |
- 58 |
Zillow last checked: 7 hours ago
Listing updated: August 11, 2025 at 06:02am
Listed by:
Laura Oviatt 503-550-6034,
Berkshire Hathaway HomeServices NW Real Estate
Source: RMLS (OR),MLS#: 216845298

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 4
- Partial bathrooms: 2
Heating
- Zoned
Cooling
- None
Appliances
- Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,624
- Total interior livable area: 2,624 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Attached, Garage
- Garage spaces: 2
Features
- Stories: 2
- Has view: Yes
- View description: Seasonal
Lot
- Size: 0.26 Acres
- Features: Flag Lot, Level, SqFt 10000 to 14999
Details
- Parcel number: 526636
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding
- Roof: Composition
Condition
- Year built: 2005
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Newberg
Financial & listing details
- Price per square foot: $266/sqft
- Tax assessed value: $624,136
- Annual tax amount: $4,313
- Date on market: 7/24/2025
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Total actual rent: 1630
- Road surface type: Paved
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