$1375000
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9 Bed
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5 Bath
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5350 SqFt
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1 DOM
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Built: 1940
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Status: Active
Open House
Love this home?
Prime Investment Opportunity in the Heart of Historic McMinnville! Located just steps from McMinnville’s charming downtown, this beautifully updated multi-unit property offers the perfect blend of historic character, modern upgrades, and strong income potential. Walk score of 92. With unbeatable proximity to restaurants, shops, tasting rooms, and local attractions, this is truly a gem in one of Oregon’s most vibrant communities. The property features five uniquely designed apartments, two of which are successful short-term rentals with a proven track record of income. Each unit showcases custom finishes, stylish wallpaper, fresh paint, updated window coverings, and newly renovated kitchens and bathrooms in four of the units. Comfort is key with new ductless heat pumps installed throughout. The basement offers potential—currently set up as a shared common space with a kitchen, it could easily be transformed into private storage lockers for tenants or wine lockers for guests. Additional perks include updated wiring for an EV charging station, appealing to tenants and travelers alike. Whether you're looking to expand your investment portfolio or step into a thriving short-term rental market, this property offers location, charm, and versatility all in one.
Listing Provided Courtesy of Brielle Houston, Bella Casa Real Estate Group
General Information
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262186389
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1 DOM
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9
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7840.8 SqFt
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5
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5350
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1940
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C-3
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Yamhill
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159580
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Memorial
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Patton
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McMinnville
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MultiFamily
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PT LOTS 1 2 & 4 - BLOCK 1 IN COURT ADDITION
Listing Provided Courtesy of Brielle Houston, Bella Casa Real Estate Group
PDXA1 Realty Group data last checked: Oct 07, 2025 09:51 | Listing last modified Oct 07, 2025 02:32,
Source:
Open House
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Sun, Oct 19th, 2PM to 4PM
Residence Information
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-
-
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5350
-
-
-
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9
-
-
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5
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Composition
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-
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Driveway,OffStreet
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2
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1940
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No
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MiniSplit
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Brick, WoodSiding
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Finished,SeparateLivingQuartersApartmentAuxLivingUnit,StorageSpace
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-
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Finished,SeparateLiv
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ConcretePerimeter
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Features and Utilities
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-
-
-
-
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HeatPump
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Gas
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Ductless, MiniSplit, WallHeater
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PublicSewer
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Gas
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Gas
Financial
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3842.74
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Electricity,Gas,Heat,MaintenanceGrounds,TrashColle
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-
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Cash,Conventional
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10-06-2025
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No
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No
Comparable Information
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1
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1
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Cash,Conventional
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$1,375,000
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$1,375,000
-
-
Oct 07, 2025 02:32
Schools
Map
Listing courtesy of Bella Casa Real Estate Group.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon.
Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and
detailed information about these properties include the name of the listing's broker.
Listing content is copyright © 2019 RMLS of Portland, Oregon.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
PDXA1 Realty Group data last checked: Oct 07, 2025 09:51 | Listing last modified Oct 07, 2025 02:32.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Venkat is a very good negotiator. He was quick to respond, when I had questions. He came to all the meetings with the seller and provided valuable inputs on inspections and mortgage options. Overall, I was impressed and would love to work with him again.
— Jagathishp
Venkat is very professional and has tremendous knowledge in the real estate industry. He was always available to discuss and made time to visit the construction site several times during the course. I was looking at a new construction and had to wait for the property to be built.
— Vignesh Chan
Muthu has good knowledge about the community and understands the needs of his customers. He helped us sell our house in record time and followed up with the buyer and the agent until the complete closure. We received multiple offers and Muthu negotiated well and helped us decide on the buyer.
— Praveen
Venkat Muthu is a wonderful person to go with. Very friendly and advices as per the need and gives his service and support where and when needed and some times going beyond. Really happy to share the review and I highly recommend if anyone is looking for any homes.
— Alishetty
Venkat is great to work with as realtor. He is very patient and listens to the requests of the buyer or seller and doesn’t push as t any point of time. He has a good understanding of the market situation and location for investments as well. All this comes from experience with him recently buying a home.
— Ramren Garajan
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