708 SE DAVIS ST McMinnville, OR $ 1,300,000
708 SE DAVIS ST
$ 1,300,000
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708 SE DAVIS ST

McMinnville, OR, 97128
$ 1,300,000
Bedrooms17 Baths14.0 Sq 7,200

Monthly Estimate*

$ 8,640

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Multi-Family Home for sale in McMinnville, OR

for $1,300,000 with 17 bedrooms and 14 full baths. This 7,200 square foot home was built in 1971 on a lot size of 0.56.

2 Buildings, 7 total units (3x 3 Bedroom 1 1/2 Bathroom; 4x 2 Bedroom 1 1/2 Bathroom) On site assigned parking. Situated centrally between Linfield and Down Town McMinnville. Bus lines within walking distance. 100% occupancy, 5.5% CAP on actuals. Property has great upside potential- Combined purchase with 716 Davis available with discount- see mls# 24261402 No sign at property, please Do not disturb tenants- financials / data package available.

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Multi-Family Pending

Price

$ 1,300,000

Bedrooms

17

Full Bath

14

Property Type

Multi-Family

Taxes

$ 8,285

Style

Lot Size

0.56

Year Built

1971

Town/City

McMinnville

County/Region

Yamhill

MLS | Web ID

24101107

Features
General
Sewer PublicSewer
Heating WallHeater
Cooling WindowUnit
Roof Metal
Zoning R-4
Garage Spaces 0
Year Built 1971
Stories 2
Tax Year 2023
Gross Income 106200.0
County Yamhill
Net Operating Income 72351.0
Operating Expense 30663.0
Property Type MultiFamily
Rent Includes MaintenanceGrounds
Status Pending
Directions 99w E @ 2nd R @ Davis
High School McMinnville
City McMinnville
Total Units 7
MLS Area _156
Lot Size Square Feet 24393.0
Street Name DAVIS
Listing Terms Conventional
Elementary School Buel
Tax Annual Amount 8285.45
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 00901 BLOCK 1
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Interior
Basement CrawlSpace
Hot Water Electricity
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 3
Street Suffix ST
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6 UnitTypeType7
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Exterior
Parking Features Assigned
Lot Features Level Sloped
Water Source PublicWater
Total Parking 14.0
Exterior Description T111Siding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 7200.0
Lot Dimensions 24393sf
Lot Size Acres 0.56
Road Surface Type Paved
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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

$9,331
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
$690
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
Pricing History
DatePricePrice ChangeDescription
5/9/2024$1,300,000 Listed Price

Map


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708 SE DAVIS ST, McMinnville, OR, 97128 is a Multi-Family Home for sale at $1,300,000 with 7,200 sqft and a lot size of 0.56. 708 SE DAVIS ST has 17 bedrooms, 14.0 baths, and was built in 1971. The property's zip code is 97128 which is in McMinnville, OR