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615 N Elliott Rd, Newberg, OR 97132

$2,599,000

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Property Description

Elliott Estates is a well maintained townhome community located five blocks from George Fox University in Newberg, Oregon. The property contains ten townhomes with attached garages, washer/dryer hookups, plus additional land to potentially add more density. In-place rental rates range from $1,505 - $1,900 per month. Residents are charged a flat rate utility bill back for water and sewer and manage their own garbage pickup.

615 N Elliott Rd | MLS# 564483777

This multi-family property located at 615 N Elliott Rd, Newberg, OR 97132 is currently listed for sale with an asking price of $2,599,000. Search Newberg real estate on www.williamraven.realtor today.

Property Features

Property Type: Multi Unit - Multiple
Basement: CrawlSpace
Fuel Type: Electricity
Heating: WallHeater
Roof Type: Composition
Stories: 2.0
Taxes: $9,183
Year Built: 1996

Units

Unit Type 1:
Bathroom(s): 2
Bedrooms: 2
Features: Deck, Dishwasher, Disposal, WasherDryerHookup
Rent: $1655.00
Square Footage: 962
Total Units: 4
Unit Type 2:
Bathroom(s): 2
Bedrooms: 3
Features: Deck, Dishwasher, Disposal, WasherDryerHookup
Rent: $1785.00
Square Footage: 1100
Total Units: 6

Feature Descriptions

Days on Site: 383
Exterior: Wood Siding
Gross Income: $218090.00 (Actual)
Net Income: $141520.00 (Actual)
Operating Expenses: $76570.00 (Actual)
Parking: Garage, OffStreet
Parking Notes: Garage, OffStreet
Sewer: Public Sewer
Storage: Garage
Units: 10
Water: Public Water

Local Schools

High School: Newberg
Middle School: Mountain View

Listed By / Shown By

Listed By

Agency Name: Norris & Stevens Investment Real Estate Services
Agency Contact: DavidK@norris-stevens.com

Shown By

Agent Name: William Raven Broker
Agent Phone: (541) 280-9701
Agency Title: Bend Premier Real Estate

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Estimate Your Payment

Estimated Payment

$ 14,665.25 per month $13,141.96 Principal & Interest $765.25 Property Tax $758.04 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/02/2026. The listing information on this page last changed on 03/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/02/2026 3:43:11 PM EST) or RMLS (last updated Mon 03/02/2026 3:41:17 PM EST) or COAR/MLSCO (last updated Mon 03/02/2026 3:41:33 PM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by other brokerage firms are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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