615 North Elliott Road

Sold 6/16/26

Sold

Last Sold Price

$2,400,000

615 N Elliott Rd, Newberg, OR 97132

Multi FamilyProperty Type

0.95 acresLot Size

1996Year Built

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.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.

Listed by: David Keys • Norris & Stevens Investment Real Estate Services DavidK@norris-stevens.com

Listing closed: 06/16/2026 12:00 AM • Source: RMLS, MLS#: 564483777

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$13,167 per month

30 year fixed, 6.71% Interest

Principal and Interest

$12,402

Property Taxes

$765

HOA Dues

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Property Information for 615 North Elliott Road

Property Details

Taxes: $9,183 / year
MLS Type: Multi Family
County: Yamhill County
Parking Features: Garage, Off Street
Zoning: R-2

Building Information

Stories: 2
Residences: 10
Year Built: 1996
Lot Size: 0.95 AC / 41,382 SF

Summary

Location and General Information

Country: US
Directions: Oak Drive

Road Surface: Concrete

School Information

High School: Newberg
Middle Or Junior School: Mountain View

Taxes and HOA

Tax Year: 2024
Tax Annual Amount: $9,183.37

Parcel Number: 38499
Parcel Number 2: 504214
Parcel Number 3: 504211
Tax Legal Description: PARCEL 2 & 3 PARTITION P1995-42

Property

Lot Information

Acres: 0.95
Lot Size Square Feet: 41382.0

Lot Size Range: Sq Ft20000to Acres1
Lot Size: 20,000 Sq Ft to .99 Acres

Property and Assessments

Property Type: Multi Family
Water Description: Public Water

Year Built: 1996

Utilities

Fuel Description: Electricity
Heating Description: Wall Heater

Sewer Description: Public Sewer
Rent Includes: None

Interior and Exterior Features

Exterior Features

Exterior Description: Wood Siding
Roof Type: Composition

Interior Features

Basement: Crawl Space
Stories: 2

Multi Family

Multi-Family Information

Number Of Units Total: 10
Gross Income Actual: $218,090.00

Gross Rent Multiplier: $11.00
Net Income Actual: $141,520.00
Operating Expense: $76,570.00
Storage: Garage
Unit Type Type: Unit Type Type1, Unit Type Type2

Unit 1 Information

Unit Type 1 Baths Total: 2
Unit Type 1 Baths Decimal: 1.10

Unit Type 1 Beds Total: 2
Unit Type 1 Features: Deck, Dishwasher, Disposal, Washer Dryer Hookup
Unit Type 1 Rent: $1,655
Unit Type 1 SqFt: 962.0
Unit Type 1 Units Total: 4

Unit 2 Information

Unit Type 2 Baths Total: 2
Unit Type 2 Baths Decimal: 1.10

Unit Type 2 Beds Total: 3
Unit Type 2 Features: Deck, Dishwasher, Disposal, Washer Dryer Hookup
Unit Type 2 Rent: $1,785
Unit Type 2 SqFt: 1100.0
Unit Type 2 Units Total: 6

Property History for 615 North Elliott Road

Date	Event & Source	Price	Appreciation
May 13, 2005	Sold (Public Record) Public Record #156693548	$357,000	+1.9% / yr
Oct 26, 2001	Sold (Public Record) Public Record #79310947	$334,500	—

Date	Event & Source	Price
05/13/2005	Sold (Public Record) Public Record #156693548	$357,000 +1.9% / yr
10/26/2001	Sold (Public Record) Public Record #79310947	$334,500

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 615 North Elliott Road

Taxable ValueLand-Additions-Total-

Tax Record2025$9,549 ($796 / month)

Home Facts

Baths6Total Finished SqFt4,384 SqFtAbove Grade Finished SqFt4,384 SqFtLot Size15,359 SqFtStyleQuadraplexYear Built1996Year Renovated1996ZoningR-2CountyYAMHILLAPN38499

Schools near 615 North Elliott Road

This home is within Newberg School District 29j.


Rating	School	Type	Grades	Distance
7/10	Mabel Rush Elementary School	Public - Serves this home	K to 5	0.4 mi
5/10	Mountain View Middle School	Public - Serves this home	6 to 8	0.6 mi
7/10	Newberg Senior High School	Public - Serves this home	9 to 12	0.4 mi
2/10	Catalyst High School	Public - Nearby school	9 to 12	0.6 mi
NR	Cs Lewis Academy	Private - Nearby school	K to 12	0.9 mi


Rating	School	Distance
7/10	Mabel Rush Elementary School PublicK to 5 Serves this home	0.4 mi
5/10	Mountain View Middle School Public6 to 8 Serves this home	0.6 mi
7/10	Newberg Senior High School Public9 to 12 Serves this home	0.4 mi
2/10	Catalyst High School Public9 to 12 Nearby school	0.6 mi
NR	Cs Lewis Academy PrivateK to 12 Nearby school	0.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 615 North Elliott Road, Newberg, OR 97132	$2,400,000	–	–	–	41,382
621 North Elliott Road, Unit E, Newberg, OR 97132	$228,400	–	3	2,225	10,803
613 North Elliott Road, Newberg, OR 97132	$325,000	–	1	2,032	10,890
2312 Oak Drive, Newberg, OR 97132	$342,500	3	2	1,202	6,098
2308 Oak Drive, Newberg, OR 97132	$184,000	3	2	1,238	6,116
625 North Elliott Road, Unit A, Newberg, OR 97132	$193,400	–	3	2,177	7,532
0 Oak Drive, Newberg, OR 97132	–	–	–	–	2,968
2309 Oak Drive, Newberg, OR 97132	$470,000	3	2	1,308	5,662
707 North Elliott Road, Newberg, OR 97132	$199,913	6	2.5	3,098	7,675
2401 East Portland Road, Newberg, OR 97132	$5,000,000	–	–	–	43,560
609 North Elliott Road, Newberg, OR 97132	$160,350	–	2	1,264	30,492
608 Dolash Court, Newberg, OR 97132	$165,000	3	1.5	1,560	6,630
703 North Marie Avenue, Newberg, OR 97132	–	3	2	1,286	5,358
2300 Oak Drive, Newberg, OR 97132	$160,500	3	2	1,312	5,933
713 North Elliott Road, Newberg, OR 97132	$275,000	8	3.5	3,713	28,750
2305 East Portland Road, Unit C, Newberg, OR 97132	$420,000	–	–	–	25,265

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Norris & Stevens Investment Real Estate Services

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 06/16/2026 11:18 AM

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