13-Unit Apartment Complex with
547 SW FELLOWS St McMinnville, OR 97128
For Sale
$3,500,000
MULTI_FAMILY - McMinnville, OR
Lot Size0.49 Acres
Days on Market134
Property Features for 547 SW FELLOWS St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- C
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1
- 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
Listing Agency:
MORE Realty
(503) 353-6673
Listed By:
Chris Voigt · License #200308168
(503) 939-7481
Added: Mar 12
Changed: Jul 23
Last Checked: Jul 23 at 10:06PM
MLS# 507920270
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Investment Insights
Based on property information with market context.
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.
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.
Key Highlights
- 13‑unit apartment complex with a mix of 3 bed/2 bath and 2 bed/1 bath units
- Unit mix: 4 units are approx. 1,200 SF (3 bed/2 bath) and 9 units are approx. 800 SF (2 bed/1 bath)
- Updates include a new fence and new roof
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
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 with a mix of 3 bed/2 bath and 2 bed/1 bath units; Unit mix: 4 units are approx. 1,200 SF (3 bed/2 bath) and 9 units are approx. 800 SF (2 bed/1 bath); Updates include a new fence and new roof
