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Executive Summary

4 Plex in Downtown McMinnville! Excellent Rental History. Terrific location near Linfield University and the shops and restaurants of 3rd Street. Each unit has 2 bedroom and 1 bath with an open Kitchen, Living Room and Dining Room. Two units upstairs and two on the main level. Carport parking and an additional off street parking for each unit. Bathroom and kitchen remodel in unit 3, bathroom remodel in units 1 and 2. other updates include some flooring, new paint.

Property Facts Under Contract

Price $840,000
Price Per Unit $210,000
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.15 AC
Building Size 3,300 SF
No. Stories 2
Year Built 1964
Zoning R-4 - medium-to-high density residential district designed for a variety of housing types, including single-family homes, duplexes, townhouses, and sometimes small apartment buildings.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 $1,200 825
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
164039
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$254,883
  • Listing ID: 39005532

  • Date on Market: 1/7/2026

  • Last Updated:

  • Address: 409 SE Davis St, McMinnville, OR 97128

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