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409 SE Davis St, McMinnville 409 SE Davis St 4 Unit Apartment Building $840,000 ($210,000/Unit) McMinnville, OR 97128



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 | Building Class | C |
| Price Per Unit | $210,000 | Lot Size | 0.15 AC |
| Sale Type | Investment | Building Size | 3,300 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | ||
| 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. | ||
| 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 |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 164039 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $254,883 |
Property Taxes
Parcel Number
164039
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$254,883
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Baker Street Real Estate
409 SE Davis St, McMinnville | 409 SE Davis St
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