46
See all 46 photos
Listed by Premiere Property Group, LLC
$539,000
Est. payment /mo
1,650 SqFt
New
525 SW FELLOWS ST Mc Minnville, OR 97128
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
02/19/2025 12:21 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,650 sqft
Price per Sqft $326
MLS Listing ID 706376167
Year Built 1950
Annual Tax Amount $3,687
Tax Year 2024
Lot Size 6,969 Sqft
Property Description
This exceptional triplex, ideally situated in the heart of McMinnville, offers a rare opportunity for investors seeking strong, consistent cash flow. Professionally managed with a long history of great rental performance, this property ensures hassle-free ownership while maximizing returns.Each unit has been updated and well-maintained, attracting quality tenants and maintaining low vacancy rates. The prime location directly across from Linfield University makes it highly desirable for students, faculty and professionals, while its proximity to Michelbook Golf Course and downtown McMinnville adds to its broad tenant appeal.With its proven rental history, strategic location, and professional management, this turn-key investment is an outstanding addition to any portfolio. Don't miss this chance to own a highly sought-after multifamily property in one of McMinnville's most desirable neighborhoods!
Location
State OR
County Yamhill
Area _156
Zoning R4
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Lot Description Private
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Schools
Elementary Schools Columbus
Middle Schools Duniway
High Schools Mcminnville
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.ppgtours.com/ml/148980#video
