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 Provided Courtesy of Diane Hurst, MORE Realty
General Information
346231262
SingleFamilyResidence
0
DOM
5
6098.4 SqFt
3
2764
1947
Yamhill
59698
Mabel Rush 5/10
Mountain View 6/10
Newberg 4/10
Residential
SingleFamilyResidence
LOT 23 - BLOCK B IN HOBSONS ADDITION
Listing Provided Courtesy of Diane Hurst, MORE Realty
Krishna Realty data last checked: Apr 07, 2026 21:54 | Listing last modified Apr 07, 2026 06:14,
Source:
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).
