421 S College Street

Welcome to 421 South College, a four-unit apartment building centrally located in beautiful Newberg, Oregon. A rare public offering of a fourplex near downtown, the property presents an extraordinary opportunity to step into an established income-producing asset in Newberg.

The property itself consists of four units, spread through one building, originally a single-family house built in the early 1900s (per County). While retaining much of its original character, the property has been extensively remodeled and updated throughout the years.

All four units are currently occupied with strong rents. Extensive renovations in 2023 allowed the property to be leased at market rents, making this property a nearly turn-key investment for the buyer.

Sited on a beautiful corner lot, the property enjoys an exceptional central location in Newberg. The College Street Fourplex is just blocks away from major landmarks such as the George Fox University, downtown Newberg, and multiple schools and parks. All of the stunning Willamette Valley is accessible with an easy drive, including the annual Oregon State Fair, and multiple other universities. Greater Portland and PDX is within a 60-mile drive.

The College Street Fourplex is an attractive opportunity to unlock significant value from both a desirable neighborhood and a proven, historically growing city.