507 NE DAVIS St McMinnville, OR 97128
- Added:
- Oct 6, 2025
- Days on Market:
- 189
- Last Refresh:
- Apr 12 at 12:06 am
Property Features for 507 NE DAVIS St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- C-3
- Bedrooms
- 9
- Bathrooms
- 6
- Rooms
- Bedroom 1, Bedroom 5, Bathroom 6, Bathroom 1, Bedroom 8, Bathroom 2, Bathroom 5, Bedroom 9, Bedroom 7, Bathroom 3, Bedroom 2, Bedroom 4, Bedroom 6, Bathroom 4, Bedroom 3
- Standard status
- Active
- APN
- 159580
- Size
- 5,350 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- PT LOTS 1 2 & 4 - BLOCK 1 IN COURT ADDITION
- Tax Annual Amount
- 4055
Utilities
- Heating system
- Ductless (Heating)
- Cooling system
- Heat Pump
Building Details
- Year built
- 1940
- Floors in Building
- 2
- Number of units
- 5
- Roof type
- Composition
Listing agent Brielle Houston (971) 241-9647
Listing office Bella Casa Real Estate Group 207 NE 19th St Ste 100, McMinnville, OR (503) 437-9005
Listing date Oct 6, 2025
MLS# 262186389
Listing URL
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Overview
Updated Multifamily Property in McMinnville
This updated multi-unit property is located steps from downtown McMinnville. The property features five uniquely designed apartments, two of which are successful short-term rentals. Each unit showcases custom finishes, stylish wallpaper, fresh paint, updated window coverings, and newly renovated kitchens and bathrooms in four of the units. New ductless heat pumps have been installed throughout. The basement is currently set up as a shared common space with a kitchen, and could be transformed into private storage lockers for tenants or wine lockers for guests. Updated wiring for an EV charging station has been installed. The property is located in a vibrant community with a walk score of 92, offering proximity to restaurants, shops, tasting rooms, and local attractions. The property is zoned C-3 and sits on a 0.18-acre lot. The building size is 5350 square feet. This property is suitable for residential income, short term rentals, and other apartment building uses.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mid-Valley Davis Street ...
Medical Clinic
Location Insight
- Map
- Local Demand
- City
- McMinnville
- County
- Yamhill
- State
- Oregon
- Longitude
- -123.195846
- Latitude
- 45.211699
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Updated multi-unit property near downtown McMinnville with income potential.
Where is this apartment building located?
The property is located at 507 NE DAVIS St McMinnville, OR.
What is the asking price?
The asking price for this property is $1,330,000.
What are key features of this property?
This property features: 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 proven income.; **Newly renovated kitchens and bathrooms in four of the units, plus custom finishes, stylish wallpaper, fresh paint, and updated window coverings throughout.**
