MLS# 24471079 – 1034 Ne Davis St, Mc Minnville, OR 97128 – John Wesley McPherson, Jr., The Portland Team with Premiere Property Group, LLC

Listing courtesy of Windermere Willamette Valley.

Property Description

Description

2 Units

Status: Active

Year Built: 1915

Days on Website: 76

Updated home near downtown & Linfield University, centrally located with great street walking, shops and restaurants nearby. Main level features 3 bedrooms & a full bathroom, a spacious living room, formal dining, kitchen with new appliances, a deck to enjoy a great yard. Upper level is a one-bedroom, one-bath apartment with full kitchen & laundry, ideal for dual living or rental income. Huge basement with two bonus rooms, laundry, tons of storage. New roof in 2006, new laminate flooring & carpet.

Property Details and Features

Property Access

Road Surface Type:

Paved

Basement

Basement:

Unfinished

Building

Building Area Total:

3262

Built in 1915

Stories:

Unit Type Type:

UnitTypeType1,UnitTypeType2

Cooling

Cooling:

None

Expenses

Operating Expense Scheduled:

11000

Operating Expense:

$11,000

Exterior Features

Exterior Description:

VinylSiding

Foundation

Foundation Details:

ConcretePerimeter

Heating

Heating Available

Heating:

Baseboard,FloorFurnace,Zoned

Income

CAP Rate:

4.91

Gross Income:

$37,000

Gross Rent Multiplier:

14.3

Gross Scheduled Income:

$38,000

Net Operating Income:

$26,000

Net Scheduled Income:

27000

Listing

Contract Status Change Date:

2024-09-08

Days On Market:

Last Transaction Date:

2024-09-09 13:06:26

List Price:

$529,000

Listing Contract Date:

2024-09-08

Listing Id:

24471079

Mls Status:

Active

Modification Timestamp:

2024-11-08 13:07:54

On Market Date:

2024-09-08

Rent Includes:

None

Standard Status:

Active

Location

MLS Area Major:

_156

County Or Parish:

Yamhill

Lot

Features:

CornerLot

Size Acres:

0.12

Size Range:

SqFt5000to6999

Size Square Feet:

5,227

Size:

5,000 to 6,999 SqFt

Miscellaneous

Investor Information:

AccordingToOwner

Parking

Features:

Driveway,OnStreet

2 total parking spots

Property

Number Of Units Total:

Property Condition:

UpdatedRemodeled

Property View

Zoning:

Roof

Roof:

Composition

Schools

High School:

McMinnville

Middle Or Junior School:

Patton

Elementary School:

Memorial

Security Features

Features:

None

Sewer

Sewer:

PublicSewer

Taxes

Annual Amount:

$3,000

Legal Description

Tax Year:

2023

Unit One

Actual Rent:

$1,950

Area:

1342

Features:

Dishwasher,Range,Refrigerator,WasherDryer

Units Total:

1 total bathroom

3 total bedroom

Unit Two

Actual Rent:

$1,100

Area:

704

Features:

Range,Refrigerator,WasherDryer

Units Total:

1 total bathroom

1 total bedroom

Utilities

Fuel Description:

Electricity,Gas

Hot Water Description:

Gas

Internet Service Type:

Cable

Water Source:

PublicWater

[+] Read More

Contact an Agent

John Wesley McPherson, Jr., CFA

503406-1776 Email Me

Location

$529,000 -

1034 Ne Davis 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.