Pending
605 NW ADAMS ST, McMinnville
Mc Minnville OR, 97128
$2,000,000
Pending
18 Beds
8 Baths
Multi-family
Built in 1970
Courtesy of Bella Casa Real Estate Group
SIGNIFICANT INTEREST. MULTIPLE OFFERS WILL BE REVIEWED TUES FEB 18th. Rare opportunity to purchase a 20 unit apartment complex just 3 blocks from McMinnville's historic downtown 3rd St! 18 two bedroom/one bathroom units and 2 three bedroom/one bathroom units, there is onsite coin operated laundry for tenant use. Buildings will need to be improved, but there is significant potential for rent growth. 0%. vacancy with waitlisted applications. Full basement in one building could be sectioned off for tenant storage, and the 26,419 square foot lot has space to add more parking, or even build an on-site manager dwelling. Buyer to do all due diligence with the city, etc. Apartment square footage to be estimated and updated soon.
225377294
MLSⓇ ID
February 14, 2025
Listed
March 12, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
18
Total Bathrooms
8
Full Bathrooms
8
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard
Basement
Yes
Exterior/Building Features
Lot Size
0.61 Acres
Lot Features
Corner Lot, Level
Roof
Flat, Membrane
Sewer
Public Sewer
Security
None
School Information
High School
McMinnville
Elementary School
Memorial
Other Property Details
Area Name
_156
Taxes
$17,930
Tax Frequency
Annually
Days on Market
4
Garage
No
Parking
Assigned
Parking Total
23
View
No
County
Yamhill
Water Source
Public Water
Zoning
R4
Listing History
Date | Event | Price |
|---|---|---|
2/19/2025 | Pending | — |
Listing Courtesy of Bella Casa Real Estate Group, Catherine Summers. 971-219-9858
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