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    13-Unit Apartment Complex with Laundry Title is generated by Realmo AI

    547 SW FELLOWS St, McMinnville, OR 97128

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    For Sale
    $3,500,000

    MULTI_FAMILY - McMinnville, OR

    Lot size:
    0.49 Acres
    Added:
    Mar 12, 2026
    Days on Market:
    89
    Last Refresh:
    Jun 8 at 3:06 pm

    Property Features for 547 SW FELLOWS St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    C
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bathroom 3, Bathroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2, Bedroom 5
    Standard status
    Active
    APN
    155174
    Lot size
    0.49 Acres

    Taxes and HOA fees

    Tax Description
    TOWNSHIP 4S RANGE 4W SECTION 20 QTR D QQTR C TAXLOT 03500 LOT 3 B
    Tax Annual Amount
    16052

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1970
    Floors in Building
    2
    Number of units
    13
    Roof type
    Composition

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    Listing Contact
    Chris Voigt
    Chris Voigt

    Listing agent Chris Voigt License #200308168

    Listing office MORE Realty 9792 SW Nimbus Ave, Tigard, OR

    Listing date Mar 12, 2026

    MLS# 507920270 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

    • 13‑unit apartment complex built in 1970
    • Unit mix: 4 units are 3 bed/2 bath (~1,200 SF) and 9 units are 2 bed/1 bath (~800 SF)
    • Recent updates include new roof and new fence
    • Laundry room on site
    • Composition roof and baseboard heating
    • 100% occupancy most of the time; rents reported as not close to market rents

    Overview

    This offering is a 13-unit apartment complex on a 0.49-acre lot. The unit mix includes four 3-bedroom, 2-bath homes of approximately 1,200 square feet each and nine 2-bedroom, 1-bath units of approximately 800 square feet each. Updates mentioned by the seller include a new roof and new fencing, and there is an on-site laundry room for residents.

    The property is located at 547 SW Fellows St in McMinnville, Oregon 97128. The seller reports the property has had 100% occupancy most of the time, and notes that rents are not close to market rents.

    For buyers seeking a straightforward multi-family investment, the combination of an established 13-unit configuration, the on-site laundry amenity, and the recently completed roof and fencing updates can support long-term operational management. Seller will complete a 1031 exchange at no cost to the buyer, and internal inspections are available after a mutual accepted offer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    McMinnville
    County
    Yamhill
    State
    Oregon
    Longitude
    -123.203408
    Latitude
    45.202686

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 13-unit complex in McMinnville with on-site laundry and recent exterior updates.
    Where is this apartment building located?
    The property is located at 547 SW FELLOWS St McMinnville, OR.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 13‑unit apartment complex built in 1970; Unit mix: 4 units are 3 bed/2 bath (~1,200 SF) and 9 units are 2 bed/1 bath (~800 SF); Recent updates include new roof and new fence
    More about this property
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