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—city may allow the lot to be developed, 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!
Sold
$610,000
1094 S Pennington Dr, Newberg, OR 97132
4beds
2,624sqft
Multi Family
Built in 2005
-- sqft lot
$600,000 Zestimate®
$232/sqft
$2,116 Estimated rent
Home value
$600,000
$546,000 - $660,000
$2,116/mo
Zestimate® history
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List your homeWhat's special
Single-car garageFully fenced yardsLarge lotPrimary suitesNice sized kitchenSpacious unitsOpen great room
Zillow last checked:
Listing updated:
Listed by:
Laura Oviatt 503-550-6034,
Berkshire Hathaway HomeServices NW Real Estate
Bought with:
Blanca Gonzalez, 201221430
MORE Realty
Source: RMLS (OR),MLS#: 216845298
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
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: $232/sqft
- Tax assessed value: $603,978
- Annual tax amount: $4,484
- Date on market: 7/24/2025
- Cumulative days on market: 143 days
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Total actual rent: 1630
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/9/2026 | Sold | $610,000-6%$232/sqft |
Source:  RMLS (OR) #216845298 Report a problem | ||
| 12/15/2025 | Pending sale | $649,000$247/sqft |
Source: RMLS (OR) #216845298 Report a problem | ||
| 9/25/2025 | Price change | $649,000-7.2%$247/sqft |
Source: RMLS (OR) #216845298 Report a problem | ||
| 7/24/2025 | Listed for sale | $699,000+99.9%$266/sqft |
Source: RMLS (OR) #216845298 Report a problem | ||
| 3/28/2008 | Sold | $349,760-2.8%$133/sqft |
Source: Public Record Report a problem | ||
| 2/3/2008 | Listed for sale | $360,000$137/sqft |
Source: Listhub #8010720 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,485 +4% | $277,917 +3% |
| 2024 | $4,313 +3.6% | $269,822 +3% |
| 2023 | $4,165 +2.8% | $261,963 +3% |
| 2022 | $4,053 +2.8% | $254,333 +3% |
| 2021 | $3,944 +11.1% | $246,925 +3% |
| 2020 | $3,551 +1.4% | $239,733 +3% |
| 2019 | $3,503 -0.5% | $232,750 +3% |
| 2018 | $3,522 | $225,971 +3% |
| 2017 | $3,522 -4% | $219,389 +3% |
| 2016 | $3,668 | $212,999 +3% |
| 2015 | $3,668 +1.8% | $206,798 +3% |
| 2014 | $3,602 +10.8% | $200,777 +3% |
| 2013 | $3,251 +3.3% | $194,931 +3% |
| 2012 | $3,147 +3.3% | $189,255 +3% |
| 2011 | $3,047 -2.5% | $183,744 +3% |
| 2010 | $3,126 +3.5% | $178,394 +3% |
| 2009 | $3,019 +3.4% | $173,197 +3% |
| 2008 | $2,920 +1.1% | $168,153 +3% |
| 2007 | $2,888 +4.5% | $163,256 +3% |
| 2006 | $2,764 +231% | $158,501 +230% |
| 2005 | $835 +339.2% | $48,036 +341.6% |
| 2004 | $190 | $10,877 |
Find assessor info on the county website
Neighborhood: 97132
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Nearby schools
GreatSchools rating
- 6/10Joan Austin Elementary SchoolGrades: K-5Distance: 0.6 mi
- 5/10Mountain View Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10Newberg Senior High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Joan Austin
- Middle: Mountain View
- High: Newberg
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$600,000
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Estimated market value
$600,000
- Oregon
- Yamhill County
- Newberg
- 97132
- 1094 S Pennington Dr
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