708/716 SE DAVIS ST McMinnville, OR $ 2,100,000
708/716 SE DAVIS ST
$ 2,100,000
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708/716 SE DAVIS ST

McMinnville, OR, 97128
$ 2,100,000
Bedrooms21 Baths17.0 Sq 12,175

Monthly Estimate*

$ 13,957

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Multi-Family Home for sale in McMinnville, OR

for $2,100,000 with 21 bedrooms and 17 full baths. This 12,175 square foot home was built in 1971 on a lot size of 0.82.

2 multi-plex properties on adjoining lots. 12 total units, 1,2, and 3 bedroom units. situated centrally between Linfield and Down Town McMinnville. Bus lines are within walkable distance, 100% occupancy 5.5% CAP on actuals. No sign, please do not disturb tenants, - financials / data package available upon request. Complexes also available separately - See MLS#'s 24470131 & 24101107

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Multi-Family Active

Price

$ 2,100,000

Bedrooms

21

Full Bath

17

Property Type

Multi-Family

Taxes

$ 15,363

Style

Lot Size

0.82

Year Built

1971

Town/City

McMinnville

County/Region

Yamhill

MLS | Web ID

24261402

Features
General
Sewer PublicSewer
Heating WallHeater
Roof Composition Metal
Zoning R-4
Garage Spaces 0
Year Built 1971
Stories 2
Tax Year 2023
Gross Income 179880.0
County Yamhill
Net Operating Income 122646.0
Operating Expense 51838.0
Property Type MultiFamily
Subdivision Name Chandler's First Addition
Rent Includes MaintenanceGrounds
Status Active
Directions 99w East on 2nd R @ Davis
High School McMinnville
City McMinnville
NumberOfUnitsTotal 11
MLS Area _156
Lot Size Square Feet 35719.0
Street Name DAVIS
Listing Terms Conventional
Elementary School Buel
Tax Annual Amount 15363.0
Middle/Junior High School Patton
Property Condition Existing
Standard Status Active
Legal Description TOWNSHIP 4S RANGE 4W SECTION 21 QTR C QQTR C TAXLOT 00901 & 00902 BLOCK 1
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Interior
Storage None
Hot Water Electricity
Unit 10 Beds Total 3
Unit 1 Baths Total 2
Unit 1 Beds Total 3
Unit 2 Baths Total 2
Unit 2 Beds Total 2
Unit 3 Baths Total 2
Unit 3 Beds Total 2
Unit 4 Baths Total 2
Unit 4 Beds Total 3
Unit 5 Beds Total 2
Unit 6 Beds Total 2
Unit 7 Beds Total 1
Unit 8 Beds Total 1
Unit 9 Beds Total 2
Street Suffix ST
Unit Type UnitTypeType1 UnitTypeType10 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6 UnitTypeType7 UnitTypeType8 UnitTypeType9
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Exterior
Parking Features Assigned Paved
Lot Features Level Sloped Trees
Water Source PublicWater
Exterior Description T111Siding VinylSiding WoodSiding
Foundation Details ConcretePerimeter Slab
Building Area Total 12175.0
Lot Dimensions 35718sf
Lot Size Acres 0.82
Road Surface Type Concrete
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Internal Only
Street Number 1 708
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* Excluded Features
List By
Bella Casa Real Estate Group

Broker

Krissy@thebellacasagroup.com

Email

Affordability Calculator

$15,238
Per Month
92%
8%
0%
Monthly Principal & Interest
$13,957
Monthly Property Taxes
$1,280
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1949675 Elementary School
1950262 Middle School
McMinnville High School High School
Pricing History
DatePricePrice ChangeDescription
5/9/2024$2,100,000 Listed Price

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708/716 SE DAVIS ST, McMinnville, OR, 97128 is a Multi-Family Home for sale at $2,100,000 with 12,175 sqft and a lot size of 0.82. 708/716 SE DAVIS ST has 21 bedrooms, 17.0 baths, and was built in 1971. The property's zip code is 97128 which is in McMinnville, OR