404 SW ELMWOOD Ave, McMinnville, OR 97128
- Added:
- Jun 9, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 10 at 12:06 am
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 2, Bedroom 7, Bedroom 4, Bedroom 8, Bathroom 4, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 9, Bedroom 1, Bathroom 1, Bedroom 10
- 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
Listing agent Devri Doty License #910600148 (503) 435-7165
Listing office Windermere Pacific Crest Realty 609 NE Baker St., Suite 110, McMinnville, OR (503) 474-1234
Listing date Jun 9, 2026
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
Situated in McMinnville, Oregon, the building is positioned within walking distance to downtown amenities, including shops, restaurants, tasting rooms, and entertainment. The lot size is listed at 0.3 acres, and the outdoor space is a meaningful part of the offering, as each residence is described as having a spacious yard.
The renovated quadplex format can appeal to investors seeking a low-maintenance, turnkey setup supported by consistent occupancy. With updated building systems, included appliances, and unit-level outdoor space, it is designed to reduce downtime and support tenant livability. Zoning is listed as R-2, providing a residential basis for income-oriented ownership in this market.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- McMinnville
- County
- Yamhill
- State
- Oregon
- Longitude
- -123.202228
- Latitude
- 45.206333