McMinnville OR Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 3,262
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1915
- Baths:
- MLS#:
- 24471079
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Courtesy: Windermere Willamette Valley
541-754-6101
ADDITIONAL INFORMATION
Updated home near downtown & Linfield University, centrally located with great street walking, shops and restaurants nearby. Main level features 3 bedrooms & a full bathroom, a spacious living room, formal dining, kitchen with new appliances, a deck to enjoy a great yard. Upper level is a one-bedroom, one-bath apartment with full kitchen & laundry, ideal for dual living or rental income. Huge basement with two bonus rooms, laundry, tons of storage. New roof in 2006, new laminate flooring & carpet.
- Type:
- Multi-Family
- Sq.Ft.:
- 2,884
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1903
- Baths:
- MLS#:
- 24696946
View additional info
Courtesy: Vintage Realty Northwest
541-754-7314
ADDITIONAL INFORMATION
Welcome to 250 SE Lincoln Street, a unique apartment complex in beautiful McMinnville, Oregon. A rare public offering of a five-unit apartment building, Lincoln Street Apartments presents an extraordinary opportunity to step into an established complex with strong in-place income (7.3% Cap Rate on current numbers) and proven upside. The property itself consists of five units, spread through one building, originally a primary home built in the early 1900's. While retaining much of its original character, the property has been extensively remodeled and updated throughout the years. Four units have recently been renovated and leased to market, with the remaining unit ripe for a cosmetic renovation and rents to be reset to market rates. The electrical service (including a new main panel and sub-panels) and water heaters (four new electric models) were recently installed. Each unit is billed separately for electric service. Owner pays sewer and water. The property is within just a few blocks from iconic 3rd St. and Linfield University, and is fairly close to schools and parks. Easy drive to McMinnville High School, grocery, retail, employment, and Highways 99 & 18. Square footage of each unit is approximate; buyer to verify. Shown with accepted offer only, please.
- Type:
- Multi-Family
- Sq.Ft.:
- 2,350
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1994
- Baths:
- MLS#:
- 24522531
- Subdivision:
- TALL OAKS 5TH
View additional info
Courtesy: Coldwell Banker Professional
503-538-0468
ADDITIONAL INFORMATION
Great investment opportunity. Rare duplex property in a great location conveniently located near schools. Each unit has 3 bedrooms, 1.5 baths, range, refrigerator, washer dryer (except unit 1672) & garages. Generously sized yard. Seller will be doing a 1031 tax sheltered exchange at no cost to the Buyers
McMinnville Real Estate
The median home value in McMinnville, OR is $500,000. This is higher than the county median home value of $470,600. The national median home value is $338,100. The average price of homes sold in McMinnville, OR is $500,000. Approximately 60.84% of McMinnville homes are owned, compared to 35.53% rented, while 3.63% are vacant. McMinnville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a McMinnville real estate agent to arrange a tour today!
McMinnville, Oregon has a population of 34,224. McMinnville is less family-centric than the surrounding county with 28.41% of the households containing married families with children. The county average for households married with children is 31.3%.
The median household income in McMinnville, Oregon is $58,692. The median household income for the surrounding county is $73,409 compared to the national median of $69,021. The median age of people living in McMinnville is 37.4 years.
McMinnville Weather
The average high temperature in July is 81.9 degrees, with an average low temperature in January of 34.6 degrees. The average rainfall is approximately 43.1 inches per year, with 3.3 inches of snow per year.