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    Mcminnville, OR Apartment Buildings for Sale

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    Dayton, OR Lafayette, OR Amity, OR
    McMinnville Multifamily Investment Opportunity
    $3,500,000
    13,200 SF

    McMinnville Multifamily Investment Opportunity

    547 SW FELLOWS St, Mcminnville, OR 97128

    Thirteen-unit apartment complex in McMinnville with value-add potential.

    • 100% Occupancy Rate
    • 13‑Unit Apartment Complex
    • Attractive Mix of 3‑Bedroom/2‑Bath and 2‑Bedroom/1‑Bath Units
    • Updated Fence and Roof
    • Below Market Rents (Upside Potential)
    Updated: Mar 12
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    Updated Multifamily Property in McMinnville
    $1,290,000
    5,350 SF

    Updated Multifamily Property in McMinnville

    507 NE DAVIS St, Mcminnville, OR 97128

    Updated multi-unit property near downtown McMinnville with income potential.

    • Prime location in the heart of historic McMinnville, steps from downtown restaurants, shops, and attractions (Walk Score 92).
    • Five uniquely designed apartments, including two successful short‑term rentals with a proven income track record.
    • Newly renovated kitchens and bathrooms in four of the five units, plus custom finishes, stylish wallpaper, fresh paint, and updated window coverings throughout.
    • New ductless heat pumps installed throughout for efficient heating and cooling.
    • Potential for additional income or storage in the basement, currently set up as a shared common space.
    Updated: Oct 6, 2025
    View details
    Based on your search, we've compiled 89 Potential Opportunities for your consideration. Besides 2 Active listings in Mcminnville, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 79 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Six-Unit Cottage Cluster Investment
    $995,000
    4,746 SF

    Six-Unit Cottage Cluster Investment

    Well-maintained six-unit cottage cluster in a quiet neighborhood.

    648 Breys Avenue Northeast, Salem, OR 97301
    View details
    47-Unit Multifamily Property in Salem
    $10,000,000
    43,626 SF

    47-Unit Multifamily Property in Salem

    47-unit multifamily property with strong occupancy and ample parking.

    4169 Campus Lp NE, Salem, OR 97305
    View details
    Renovated 6-Plex Near George Fox
    $1,595,000
    5,612 SF

    Renovated 6-Plex Near George Fox

    Fully renovated 6-plex near George Fox University in Newberg.

    822 S Columbia St, Newberg, OR 97132
    View details
    Garden Court Apartments For Sale
    $2,795,000

    Garden Court Apartments For Sale

    12-unit apartment complex with assumable financing and strong occupancy history.

    1558 E 3RD ST, Newberg, OR 97132
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Entitled Multifamily Development Opportunity
    $3,250,000
    0.83 Acres

    Entitled Multifamily Development Opportunity

    Permitted 50-unit multifamily development with retail space for sale.

    403 N River St lot: 403, 417, & 419, Hailey, ID 83333
    View details
    Pahrump Land Investment Opportunity
    Contact for pricing
    0.31 Acres

    Pahrump Land Investment Opportunity

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    2001 Casino Street, Pahrump, NV 89048
    View details
    Lancaster Corner Lot Investment Opportunity
    $350,000
    7,509.00 Acres

    Lancaster Corner Lot Investment Opportunity

    0.17-acre corner lot in Lancaster with development potential.

    0 Newgrove Street, Lancaster, CA 93534
    View details
    Silver Lake Affordable Housing Development
    $2,350,000
    0.18 Acres

    Silver Lake Affordable Housing Development

    Ready-to-Issue 54-unit affordable housing development opportunity in prime Silver Lake.

    1108 Manzanita St, Los Angeles, CA 90029
    View details

    Off-Market Properties in Mcminnville, OR

    Consider similar Off-Market properties in Mcminnville, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    708 Davis St

    708 Davis St

    APARTMENT HOUSE (5+ UNITS) • 0.56 Acres
    Value Estimation
    $1,070,000
    708 Davis St, Mcminnville, OR 97128-6436
    View details
    624 Drumwood Ave

    624 Drumwood Ave

    APARTMENT HOUSE (5+ UNITS) • 4.23 Acres
    Value Estimation
    $7,700,000
    624 Drumwood Ave, Mcminnville, OR 97128-6740
    View details
    1800 Old Sheridan Rd, Unit 3

    1800 Old Sheridan Rd, Unit 3

    APARTMENT HOUSE (5+ UNITS) • 3.69 Acres
    Value Estimation
    $6,850,000
    1800 Old Sheridan Rd, Mcminnville, OR 97128-8781
    View details
    605 Adams St

    605 Adams St

    APARTMENT HOUSE (5+ UNITS) • 0.61 Acres
    Value Estimation
    $2,250,000
    605 Adams St, Mcminnville, OR 97128-5507
    View details
    433 17th St

    433 17th St

    APARTMENT HOUSE (5+ UNITS) • 0.26 Acres
    Value Estimation by Request
    433 17th St, Mcminnville, OR 97128-3326
    View details
    1041 Frd St

    1041 Frd St

    APARTMENT HOUSE (5+ UNITS) • 0.36 Acres
    Value Estimation by Request
    1041 Frd St, Mcminnville, OR 97128-6347
    View details
    711 Frd St

    711 Frd St

    APARTMENT HOUSE (5+ UNITS) • 0.20 Acres
    Value Estimation
    $1,350,000
    711 Frd St, Mcminnville, OR 97128-6348
    View details
    1121 Baker St

    1121 Baker St

    APARTMENT HOUSE (5+ UNITS) • 1,680 SF
    Value Estimation
    $1,675,000
    1121 Baker St, Mcminnville, OR 97128-4943
    View details
    609 Baker St

    609 Baker St

    APARTMENT HOUSE (5+ UNITS) • 0.57 Acres
    Value Estimation
    $1,915,000
    609 Baker St, Mcminnville, OR 97128-4946
    View details
    425 Holly Way

    425 Holly Way

    APARTMENT HOUSE (5+ UNITS) • 0.28 Acres
    Value Estimation
    $900,000
    425 Holly Way, Mcminnville, OR 97128-6130
    View details
    2048 Hwy 99w

    2048 Hwy 99w

    APARTMENT HOUSE (5+ UNITS) • 3.74 Acres
    Value Estimation
    $4,800,000
    2048 Hwy 99w, Mcminnville, OR 97128-6240
    View details
    507 Davis St

    507 Davis St

    APARTMENT HOUSE (5+ UNITS) • 0.18 Acres
    Value Estimation
    $920,000
    507 Davis St, Mcminnville, OR 97128-4737
    View details
    2302 Evans St, Unit 5

    2302 Evans St, Unit 5

    APARTMENT HOUSE (5+ UNITS) • 1.40 Acres
    Value Estimation
    $3,525,000
    2302 Evans St, Mcminnville, OR 97128-2735
    View details
    1500 27th St, Unit 7

    1500 27th St, Unit 7

    APARTMENT HOUSE (5+ UNITS) • 3.74 Acres
    Value Estimation
    $11,435,000
    1500 27th St, Mcminnville, OR 97128-2377
    View details
    2118 Baker St

    2118 Baker St

    APARTMENT HOUSE (5+ UNITS) • 1,279 SF
    Value Estimation
    $1,040,000
    2118 Baker St, Mcminnville, OR 97128-2606
    View details
    501 Davis St

    501 Davis St

    APARTMENT HOUSE (5+ UNITS) • 0.49 Acres
    Value Estimation
    $980,000
    501 Davis St, Mcminnville, OR 97128-6029
    View details
    1310 27th St, Unit 200

    1310 27th St, Unit 200

    APARTMENT HOUSE (5+ UNITS) • 1.92 Acres
    Value Estimation
    $2,070,000
    1310 27th St, Mcminnville, OR 97128-2333
    View details
    1750 Sesame St

    1750 Sesame St

    APARTMENT HOUSE (5+ UNITS) • 1.68 Acres
    Value Estimation
    $2,435,000
    1750 Sesame St, Mcminnville, OR 97128-7079
    View details
    725 Frd St

    725 Frd St

    APARTMENT HOUSE (5+ UNITS) • 2.42 Acres
    Value Estimation by Request
    725 Frd St, Mcminnville, OR 97128-6360
    View details
    550 Edmunston St

    550 Edmunston St

    APARTMENT HOUSE (5+ UNITS) • 0.85 Acres
    Value Estimation by Request
    550 Edmunston St, Mcminnville, OR 97128-6742
    View details
    935 2nd St

    935 2nd St

    APARTMENT HOUSE (5+ UNITS) • 1.77 Acres
    Value Estimation by Request
    935 2nd St, Mcminnville, OR 97128-5235
    View details
    2019 Mcdonald Ln

    2019 Mcdonald Ln

    APARTMENT HOUSE (5+ UNITS) • 0.99 Acres
    Value Estimation by Request
    2019 Mcdonald Ln, Mcminnville, OR 97128-3218
    View details

    Mcminnville, OR Apartment Buildings Investment Opportunities Market Analysis

    Explore 81 apartment buildings for sale in Mcminnville, OR on our real estate platform. These investment opportunities span a total of 18,550 square feet of properties for sale, with an estimated market value of $4,790,000.

    Sale prices for two-family homes in Mcminnville, OR start at $1,290,000, averaging $2,395,000, and reaching up to $3,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 39K
    Population Growth (5Y) +1.2%
    Median Household Income $72,055
    College Educated 38.6%

    High-Yield Neighborhoods for Strategic Investment

    Identify Mcminnville submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    97128 $2.4M

    Taxes & Financing

    Tax Rate (average for all types) 1.66%
    Property Tax per SF $21.26 per sq ft
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

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