$756000
-
5 Bed
-
3 Bath
-
3971 SqFt
-
4 DOM
-
Built: 1950
-
Status: Active
Love this home?
Location, Location, Location - with Built-In Income Potential and Flexible Multi-Generational Living. This rare McMinnville property offers three separate living spaces and a unique opportunity to offset your mortgage while enjoying a spacious and character-filled home. The detached 660 sq ft cottage is currently rented below market and presents immediate upside as it becomes available soon. The lower-level suite provides additional income with an existing tenant in place, offering built-in cash flow from day one and a clear path for future rent growth. The main home welcomes you with a generous and flexible layout, featuring a main-level bedroom, den, and expansive living and dining areas with a cozy fireplace. The eclectic kitchen adds charm, while the main-level bath includes a relaxing steam shower/tub combo. Upstairs, you’ll find two large bedrooms, an additional smaller room, loft space, and a full bathroom ideal for a variety of living arrangements. The basement level functions as a separate living space, complete with its own kitchen, bath, fireplace, studio and storage area perfect for extended living, guests, or supplemental income. Whether you're looking to live in one space and rent the others, accommodate multi-generational living, or gradually increase rental income over time, this property offers a rare combination of lifestyle flexibility and long-term financial opportunity. Recent updates include a new roof, new windows, refreshed exterior paint, and a stunning oversized deck. Set on a beautifully landscaped .28-acre lot with winding paths, mature trees, and peaceful outdoor spaces, the setting feels like a private retreat just minutes from everything McMinnville has to offer. Seller is the Estate of Derek Goad; listing agent is related. Buyer to perform due diligence on all aspects of the property including rental uses and income potential.
Listing Provided Courtesy of Stacey McGhehey, Coldwell Banker Professional
General Information
-
597861007
-
SingleFamilyResidence
-
4 DOM
-
5
-
0.28 acres
-
3
-
3971
-
1950
-
-
Yamhill
-
149486
-
Memorial
-
Duniway
-
McMinnville
-
Residential
-
SingleFamilyResidence
-
TOWNSHIP 4S RANGE 4W SECTION 20 QTR A QQTR B TAXLOT 06200 LOT 12
Listing Provided Courtesy of Stacey McGhehey, Coldwell Banker Professional
PDXA1 Realty Group data last checked: Apr 28, 2026 02:36 | Listing last modified Apr 24, 2026 13:29,
Source:
Residence Information
-
791
-
1260
-
1260
-
3971
-
owner
-
2051
-
2/Gas
-
5
-
3
-
0
-
3
-
Composition,Metal
-
Carport
-
MidCenturyModern,TriLevel
-
Carport,Driveway
-
3
-
1950
-
No
-
-
Brick, Cedar
-
Finished,SeparateLivingQuartersApartmentAuxLivingUnit,StorageSpace
-
-
-
Finished,SeparateLiv
-
ConcretePerimeter
-
DoublePaneWindows,Vi
-
Features and Utilities
-
Deck, Fireplace, HardwoodFloors, LivingRoomDiningRoomCombo
-
Disposal, FreeStandingGasRange, FreeStandingRefrigerator, RangeHood, Tile
-
Floor3rd, AccessoryDwellingUnit, HardwoodFloors, SeparateLivingQuartersApartmentAuxLivingUnit, WasherDry
-
AccessoryDwellingUnit, Deck, Porch, Yard
-
-
None
-
Gas
-
Baseboard, GasStove, Radiant
-
PublicSewer
-
Gas
-
Electricity, Gas
Financial
-
5165.4
-
0
-
-
-
-
Cash,Conventional,FHA,VALoan
-
04-24-2026
-
1250
-
No
-
No
Comparable Information
-
-
4
-
4
-
-
Cash,Conventional,FHA,VALoan
-
$756,000
-
$756,000
-
-
Apr 24, 2026 13:29
Schools
Map
Listing courtesy of Coldwell Banker Professional.
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: Apr 28, 2026 02:36 | Listing last modified Apr 24, 2026 13:29.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Similar Properties
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
Thinking about buying or selling. Let’s Talk.
Whether you’re looking to buy your dream home, sell your property for the best price, or explore investment opportunities, PDXA1 Realty Group is here to help. With expertise, personalized service, and a commitment to your goals, we’ll guide you every step of the way. Contact us today at (971) 330-1856 let’s start the conversation!
© PDXA1 Realty Group | Powered by Taigha