MLS# 24460730 – 854/862 Sw Fellows St, Mc Minnville, OR 97128 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Redfin.

Property Description

Description

2 Units

Status: Active

Year Built: 1995

Days on Website: 54

Discover a well-maintained duplex in the heart of McMinnville, just a stone's throw from Linfield College. Each side features 2 bedrooms and 1.5 bathrooms, making it ideal for both investors and homeowners. The open floor plan allows for plenty of natural light, creating a warm and inviting atmosphere. Enjoy the convenience of private patios and spacious backyards, perfect for outdoor gatherings or relaxation. Additional perks include a storage shed and attached garage for extra convenience. The roof was replaced approximately 7 years ago, exterior was painted in 2023. This property offers immense potential in a desirable location and is a must-see!

Property Details and Features

Listing

Days On Market:

Contract Status Change Date:

2024-09-30

Last Transaction Date:

2024-11-14 12:04:24

List Price:

$529,900

Listing Contract Date:

2024-09-30

Listing Id:

24460730

Mls Status:

Active

Modification Timestamp:

2024-11-14 12:04:24

On Market Date:

2024-09-30

Rent Includes:

MaintenanceGrounds

Standard Status:

Active

Property Access

Road Surface Type:

Paved

Basement

Basement:

CrawlSpace

Building

Building Area Total:

1943

Built in 1995

Storage:

Garage,IndividualStorageUnits

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling Equipped

Cooling:

CentralAir

Expenses

Operating Expense:

$7,743

Exterior Features

Exterior Description:

CementSiding

Foundation

Foundation Details:

ConcretePerimeter

Garage

Garage Spaces:

Heating

Heating Available

Heating:

ForcedAir

Income

CAP Rate:

4.49

Gross Income:

$31,560

Gross Rent Multiplier:

16.79

Net Operating Income:

$23,817

Location

MLS Area Major:

_156

County Or Parish:

Yamhill

Lot

Features:

Level

Size Acres:

0.18

Size Range:

SqFt7000to9999

Size Square Feet:

7,840

Size:

7,000 to 9,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Attached,Driveway

2 total parking spots

Possession

Possession:

CloseOfEscrow

Property

Number Of Units Total:

Property Condition:

Existing

Property View

Zoning:

Roof

Roof:

Composition

Schools

High School:

McMinnville

Middle Or Junior School:

Duniway

Elementary School:

Columbus

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$4,343

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,315

Area:

972

Features:

AirConditioning,Dishwasher,Range,Refrigerator

Units Total:

2 total bathrooms

2 total bedroom

Unit Two

Actual Rent:

$1,315

Area:

972

Features:

AirConditioning,Dishwasher,Range,Refrigerator

Units Total:

2 total bathrooms

2 total bedroom

Utilities

Fuel Description:

Electricity

Hot Water Description:

Electricity

Water Source:

PublicWater

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$529,900 - Br/0Ba - for Sale in Mc Minnville

Virtual Tour

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$529,900 -

854/862 Sw Fellows St Mc Minnville , OR 97128

MLS Area Major: _156

Street View

Nearby Schools

Recent Sales in the Area

This content last updated on November 22, 2024 11:50PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.