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    13-Unit Apartment Complex Title is generated by Realmo AI

    547 SW FELLOWS ST, McMinnville, OR 97128

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    For Sale
    $3,500,000

    Apartment complex with a mix of 2- and 3-bedroom units plus on-site laundry and recent exterior updates.

    Type:Multi Family
    Added:
    Mar 12, 2026
    Days on Market:
    108
    Last Refresh:
    Jun 27 at 4:09 am

    Property Features for 547 SW FELLOWS ST

    General Information

    Standard status
    Active
    Property subtype
    Multi Family

    Building Details

    Year Built
    1970

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    Chris Voigt

    Listing office MORE Realty

    Listing date Mar 12, 2026

    Source Realestatepdx

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of MORE Realty

    HighLights

    • 13‑unit apartment complex built in 1970 with 2- and 3‑bedroom unit mix
    • Unit mix includes 4 units with 3 bed/2 bath at approx. 1,200 SF and 9 units with 2 bed/1 bath at approx. 800 SF
    • Recent exterior updates include a new roof and new fence
    • On‑site laundry room
    • Property has had 100% occupancy most of the time

    Overview

    This for-sale apartment complex consists of 13 units, including four 3-bedroom, 2-bath apartments at approximately 1,200 square feet and nine 2-bedroom, 1-bath apartments at approximately 800 square feet. The property includes an on-site laundry room. Public remarks also note updates including a new fence and a newer roof.

    The building is located at 547 SW Fellers St in McMinnville, Oregon. The seller reports the property has maintained 100% occupancy most of the time. Public remarks also state that current rents are not close to market rents.

    For buyers evaluating a small multifamily holding, this configuration provides multiple unit types within one asset, which can support day-to-day leasing flexibility. The offering is also described as a 1031 exchange by the seller “at no cost to buyer,” with internal inspection scheduled after a mutual accepted offer. The laundry amenity and reported occupancy history may be practical considerations for operators seeking an income-generating residential property with recently addressed exterior components.
    Location Intelligence

    Current Use by Public Records

    1031 exchange properties

    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
    -123.203385
    Latitude
    45.202695

    FAQs

    What type of property is this?
    Apartment building - Apartment complex with a mix of 2- and 3-bedroom units plus 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 with 2- and 3‑bedroom unit mix; Unit mix includes 4 units with 3 bed/2 bath at approx. 1,200 SF and 9 units with 2 bed/1 bath at approx. 800 SF; Recent exterior updates include a new roof and new fence
    More about this property
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