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716 SE DAVIS ST McMinnville, OR $ 900,000
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$ 900,000 Get more info
716 SE DAVIS ST
$ 900,000
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716 SE DAVIS ST

McMinnville, OR, 97128
$ 900,000
Bedrooms8 Baths6.0 Sq 4,975

Monthly Estimate*

$ 5,982

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Multi-Family Home for sale in McMinnville, OR

for $900,000 with 8 bedrooms and 6 full baths. This 4,975 square foot home was built in 1950 on a lot size of 0.26.

2 Buildings, 5 total units 1950 building w 2 ground level units- 3bed / 1 bath & 1 Bed/1 bath. 2004 building w 3 units- ground level 2x 1 bedroom/ 1 bathroom, upper level 2 bed / 2 bath. On site assigned parking. Units are situated centrally between Linfield and Down Town McMinnville. Bus lines within walking distance. 100% occupancy, 5.6% CAP on actuals. Property has great upside potential- No sign, please Do not disturb tenants- financials / data package available- please inquire. Combined purchase with 708 Davis available with discount - See MLS # 24261402

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Multi-Family Pending

Price

$ 900,000

Bedrooms

8

Full Bath

6

Property Type

Multi-Family

Taxes

$ 7,077

Style

Lot Size

0.26

Year Built

1950

Town/City

McMinnville

County/Region

Yamhill

MLS | Web ID

24470131
Features
General
Sewer PublicSewer
Heating WallHeater
Cooling WallUnit
Roof Composition
Zoning R-4
Garage Spaces 0
Year Built 1950
Stories 2
Tax Year 2023
Gross Income 73680.0
County Yamhill
Net Operating Income 50295.0
Operating Expense 21175.0
Property Type MultiFamily
Subdivision Name Chandler's First Addition
Rent Includes MaintenanceGrounds
Status Pending
Directions 99w to East on 1st south on Davis.
High School McMinnville
City McMinnville
Total Units 5
MLS Area _156
Lot Size Square Feet 11325.0
Street Name DAVIS
Listing Terms Conventional
Elementary School Buel
Tax Annual Amount 7077.11
Middle/Junior High School Patton
Property Condition Existing
Days on Market 17
Standard Status Pending
Legal Description TOWNSHIP 4S RANGE 4W SECTION 21 QTR C QQTR C TAXLOT 00902 BLOCK 1
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Interior
Basement CrawlSpace None
Storage None
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 1
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 2
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 3
Unit 5 Beds Total 1
Street Suffix ST
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5
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Exterior
Parking Features Assigned
Lot Features Level Sloped Trees
Water Source PublicWater
Exterior Description VinylSiding
Foundation Details ConcretePerimeter Slab
Building Area Total 4975.0
Lot Dimensions 11 325sf
Lot Size Acres 0.26
Road Surface Type Paved
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Internal Only
Street Number 1 716
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* Excluded Features
List By
Bella Casa Real Estate Group

Broker

Krissy@thebellacasagroup.com

Email

Affordability Calculator

$6,571
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,982
Monthly Property Taxes
$590
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949675 Elementary School
1950262 Middle School
McMinnville High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/9/2024$900,000 Listed Price

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716 SE DAVIS ST, McMinnville, OR, 97128 is a Multi-Family Home for sale at $900,000 with 4,975 sqft and a lot size of 0.26. 716 SE DAVIS ST has 8 bedrooms, 6.0 baths, and was built in 1950. The property's zip code is 97128 which is in McMinnville, OR

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