This Multifamily Property is no longer advertised on LoopNet.com.

624 SW Drumwood Ave
McMinnville, OR 97128
Drumwood · Multifamily Property For Sale · 47 Units

Investment Highlights

  • 20 value-add garden-style units built in 1973
  • 27 modern townhome-style units completed in 2020
  • Minutes from Linfield University campus
  • Prime Yamhill County location with strong rental demand
  • Walking distance to Old Town McMinnville’s shops and dining

Property Facts

No. Units 47
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.80 AC
Building Size 39,468 SF
Average Occupancy 95%
No. Stories 2
Year Built/Renovated 1973/2020
Zoning C

Amenities

Unit Amenities

  • Cable Ready
  • Dishwasher
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Recycling
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 12 - 556
2+1 6 - 890
2+1.5 27 - 928
3+1 2 - 1,200

Property Taxes

Property Taxes

Parcel Number
154861
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,481,528
  • Listing ID: 36079523

  • Date on Market: 6/2/2025

  • Last Updated:

  • Address: 624 SW Drumwood Ave, McMinnville, OR 97128

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