USAORMcminnville507 Ne Davis St
507 Ne Davis St | Image 1

Pending

507 Ne Davis St | Image 2
507 Ne Davis St | Image 3
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507 Ne Davis St | Image 7

$1,330,000

4 months ago

507 Ne Davis St, Mcminnville, OR

0 Bed

0 Bath

--

5 Parking

MLS® 262186389

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes $4,055
Approx. Age 1940
MLS® Number 262186389

Property Address: 507 Ne Davis St, McMinnville, OR, 97128-4737

Average square foot calculated using Size range provided by listing agent.

Description

Prime Investment Opportunity in the Heart of Historic McMinnville! Located just steps from McMinnville’s charming downtown, this beautifully updated multi-unit property offers the perfect blend of historic character, modern upgrades, and strong income potential. Walk score of 92. With unbeatable proximity to restaurants, shops, tasting rooms, and local attractions, this is truly a gem in one of Oregon’s most vibrant communities. The property features five uniquely designed apartments, two of which are successful short-term rentals with a proven track record of income. Each unit showcases custom finishes, stylish wallpaper, fresh paint, updated window coverings, and newly renovated kitchens and bathrooms in four of the units. Comfort is key with new ductless heat pumps installed throughout. The basement offers potential—currently set up as a shared common space with a kitchen, it could easily be transformed into private storage lockers for tenants or wine lockers for guests. Additional perks include updated wiring for an EV charging station, appealing to tenants and travelers alike. Whether you're looking to expand your investment portfolio or step into a thriving short-term rental market, this property offers location, charm, and versatility all in one.
MLS® Number262186389
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1940
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

Oct 6, 2025List Date
$1,330,000List Price
  • Commute

Commute

Starting Address
Destination Address
507 Ne Davis St, McMinnville, OR

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