13-Unit Apartment
For Sale
$3,500,000
547 SW FELLOWS St, McMinnville, OR 97128
MultiFamily, McMinnville, OR
Property SizeContact for details
Lot Size0.49 Acres
Days on Market162
Property Features for 547 SW FELLOWS St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
C
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 4, Bedroom 1
View
Territorial
Elementary school
Columbus
Middle school
Duniway
High school
McMinnville
Directions
99w to Adams to Fellows, Right on fellows to property on right
Subdivision
_156
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
Legal Description
TOWNSHIP 4S RANGE 4W SECTION 20 QTR D QQTR C TAXLOT 03500 LOT 3 B
Utilities
Heating system
Baseboard
Amenities
laundry room
Building Details
Year built
1970
Floors in Building
2
Number of units
13
Roof type
Composition
Listing Agency:
MORE Realty
(503) 353-6673
Listed By:
Chris Voigt · License #200308168
(503) 939-7481
Added: Mar 12
Changed: Aug 20
Last Checked: Aug 20 at 1:06PM
MLS# 507920270
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.
Investment Insights
Based on property information with market context.
This 13-unit apartment building was constructed in 1970 and includes a mix of unit layouts. Four units are 3-bedroom, 2-bath homes with approximately 1,200 SF each, and nine units are 2-bedroom, 1-bath homes with approximately 800 SF each. Heating is provided by baseboard units, and the roof is composition. A laundry room is available on site. Updates noted include new fencing and a new roof.
The property sits on a 0.49-acre lot and is zoned C. Public remarks indicate the building has maintained 100% occupancy most of the time. The listing also notes internal inspections will occur after mutual acceptance of an offer.
The current configuration supports a tenant base drawn to both larger family-style layouts and smaller 2-bedroom units within the same community.
The property sits on a 0.49-acre lot and is zoned C. Public remarks indicate the building has maintained 100% occupancy most of the time. The listing also notes internal inspections will occur after mutual acceptance of an offer.
The current configuration supports a tenant base drawn to both larger family-style layouts and smaller 2-bedroom units within the same community.
Key Highlights
- 13‑unit apartment building with on‑site laundry room
- Four 3 bed, 2 bath units with approximately 1,200 SF each
- Nine 2 bed, 1 bath units with approximately 800 SF each
Property Analytics
Property Profile
Current Use
Lease Details
13
Residential units
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Explore this area
Business Placement
Demographics for 97128, OR
38,394
Population
15,291
Households
2.5
Avg Household Size
40
Median Age
28%
College-Educated
88%
High-School Grad
112.2 sq mi
ZIP Area
342
Density / Sq Mi
$72,055
Median Household Income
$37,427
Median Earnings
$1,295
Median Rent
$419,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Thirteen-unit apartment complex with on-site laundry, recent roof and fence updates, and a mix of 3- and 2-bedroom units.
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 building with on‑site laundry room; Four 3 bed, 2 bath units with approximately 1,200 SF each; Nine 2 bed, 1 bath units with approximately 800 SF each
