5-Unit Investment with Proven Performance in the Growing Newberg Market

For Sale

405 S Blaine St, Newberg, OR 97132

This Newberg property for sale is located at 405 S Blaine St. The current listed sale price for 5-Unit Investment with Proven Performance in the Growing Newberg Market is $1,100,000. 5-Unit Investment with Proven Performance in the Growing Newberg Market is situated on a lot that is 0.22 square feet in size.

Contacts

broker
Jared Whipps

Property Details

  • Property Type Other
  • Property Size 7,834 SF
  • Lot Size 0.22 SF
  • Year Built 1976
  • Date Updated Aug 22, 2025

Colliers is pleased to present Blaine Apartments, a well-located multifamily asset in the heart of Newberg, Oregon—an inviting and fast-growing community at the gateway to Oregon’s renowned wine country. Surrounded by over 100 wineries and hundreds of vineyards, Newberg attracts both residents and visitors with its scenic charm, walkability, and high quality of life.

Blaine Apartments offers an exceptional urban living experience with a Walk Score of 89 and immediate access to local parks including Memorial Park, Rotary Centennial Park, and Hoover Park. Residents also benefit from proximity to three major shopping centers—Everest Center, Vintage Square, and Crossroads Plaza—all within a 4-minute drive. Healthcare needs are easily met with Providence Newberg Medical Center just 6 minutes away.
With its prime location, strong tenant appeal, and proximity to both daily conveniences and regional attractions, Blaine Apartments presents a compelling opportunity for investors seeking long-term value and stability in one of Oregon’s most desirable submarkets.

Under Contract

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Getting around

  • 89/100

    Walk Score ®

  • 89/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Newberg, OR
  • Zip Code 97132

Points of Interest

  • Shell

    0.42 miles

  • Texaco

    0.85 miles

  • Blink

    0.96 miles

  • 76

    1.52 miles

  • Fred Meyer Fuel Center

    1.61 miles

  • ARCO

    1.77 miles

  • Chevron

    1.86 miles

  • Sherwood Center for the Arts

    7.75 miles

  • Electrify America

    8.34 miles

  • Kroger-Fred Meyer 516 (Wilsonville, OR)

    9.95 miles

  • E

    0.46 miles

  • C

    0.50 miles

  • D

    0.56 miles

  • A

    0.68 miles

  • F

    0.77 miles

  • B

    0.83 miles

  • Overflow Parking

    5.40 miles

  • TriMet Park & Ride

    7.65 miles

  • Railroad Parking Lot

    7.70 miles

  • Hawks View Dropoff/Pickup

    7.82 miles

  • Towne & Country Motel

    0.81 miles

  • Shilo Inn

    0.93 miles

  • Best Western

    1.04 miles

  • Travelodge Suites Newberg

    1.32 miles

  • Allison Inn

    2.11 miles

  • Vineyard View Inn

    2.92 miles

  • Wine Country Farm Bed & Breakfast

    4.79 miles

  • Hampton Inn Sherwood Portland

    7.32 miles

  • Figment Farm

    8.19 miles

  • Nap's Thriftway

    0.19 miles

  • Newberg Cycle & Skate

    0.19 miles

  • Grocery Outlet

    0.71 miles

  • Bi-Mart

    1.48 miles

  • Fred Meyer

    1.68 miles

  • Safeway

    1.70 miles

  • Kohl's

    7.74 miles

  • Carniceria Abastos

    7.74 miles

  • Ross

    8.03 miles

  • The Grill Center

    8.05 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jared Whipps
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