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    Renovated Four-Unit Residential Income Title is generated by Realmo AI

    404 SW ELMWOOD Ave, McMinnville, OR 97128

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    For Sale
    $914,900

    MULTI_FAMILY - McMinnville, OR

    Lot size:
    0.30 Acres
    Added:
    Jun 9, 2026
    Days on Market:
    19
    Last Refresh:
    Jun 27 at 1:06 pm

    Property Features for 404 SW ELMWOOD Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-2
    Bedrooms
    10
    Bathrooms
    4
    Rooms
    Bedroom 10, Bathroom 2, Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 8, Bedroom 7, Bedroom 2, Bedroom 9, Bedroom 1
    Standard status
    Active
    APN
    154255
    Lot size
    0.30 Acres

    Taxes and HOA fees

    Tax Description
    PT LOT 11 IN COZINES SECOND ADDITION
    Tax Annual Amount
    5485

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    4
    Roof type
    Composition

    We can help!

    Contact an agent
    Devri Doty
    Devri Doty

    Listing agent Devri Doty License #910600148

    Listing office Windermere Pacific Crest Realty 609 NE Baker St., Suite 110, McMinnville, OR

    Listing date Jun 9, 2026

    MLS# 316006147 Listing URL

    Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Four‑unit multifamily property built in 1950 with a composition roof
    • Extensively renovated: each unit gutted and rebuilt with new plumbing and electrical systems
    • Modern updates throughout each unit, including new fixtures and finishes
    • Each residence includes appliances, washer and dryer hookups, storage, and a spacious yard
    • Property is fully leased

    Overview

    This four-unit residential income property has been extensively renovated and transformed for move-in-ready living. The public remarks indicate each unit was gutted and rebuilt with new plumbing and electrical systems, along with updated fixtures and finishes throughout. Unit features noted include appliances included, washer and dryer hookups, and abundant storage. Each residence also includes outdoor space, with a spacious yard mentioned as a standout amenity.

    The property is located at 404 SW ELMWOOD Ave in McMinnville, Oregon. The listing describes the site as being within a short walk of downtown McMinnville, where tenants can access shops, restaurants, tasting rooms, and entertainment.

    For buyers seeking a manageable, turnkey setup, the property is described as fully leased with rental income already in place. With each unit updated from the systems to the finishes, this configuration may appeal to investors and operators looking for a renovated four-unit asset with consistent occupancy and added tenant value from private yard space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    McMinnville
    County
    Yamhill
    State
    Oregon
    Longitude
    -123.202228
    Latitude
    45.206333

    FAQs

    What type of property is this?
    Quadplex - Four recently renovated units with new systems and private yards, offered as a fully leased income property.
    Where is this quadplex located?
    The property is located at 404 SW ELMWOOD Ave McMinnville, OR.
    What is the asking price?
    The asking price for this property is $914,900.
    What are key features of this property?
    This property features: Four‑unit multifamily property built in 1950 with a composition roof; Extensively renovated: each unit gutted and rebuilt with new plumbing and electrical systems; Modern updates throughout each unit, including new fixtures and finishes
    More about this property
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