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Off market
  • $1,485,928

    2220 NE Lafayette Ave, McMinnville, OR 97128

    12beds
    4,489sqft
    MultiFamily
    Built in 1954
    -- sqft lot
    $-- Zestimate®
    $331/sqft
    $3,145 Estimated rent

    Owner options

    List your home for rent

    $3,145/mo

    Rent Zestimate®

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    $3,145/mo

    Rent Zestimate®

    Refinance and save

    $8,813/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $8,813/mo

    Est. payment

    What's special

    Complex is located within a qualified "Opportunity Zone"- amazing tax benefit available, ask for details! Please Do not disturb tenants. All units renovated approx 2016, 6/7 units occupied with leases in place, 1 unit actively advertised for rent. Shared laundry area w 3 wash/dryers. Large (approx 6000 sf.) open area fronting Lafayette Ave. potentially develop-able, buyer to do due diligence.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Wall
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator
    Features
    • Dishwasher, Microwave, Refrigerator, Disposal, Range
    • Basement: Slab
    Interior area
    • Total interior livable area: 4,489 sqft

    Property

    Parking
    • Total spaces: 24
    • Details: Open
    Lot
    • Size: 0.46 Acres
    • Features: Level
    Details
    • Parcel number: R441501701
    • Zoning: c-3
    • Special conditions: Real Estate Owned

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Metal
    Condition
    • Year built: 1954
    • Major remodel year: 1954

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Landscaping

    Community & neighborhood

    Security
    • Security features: Fire Sprinkler System
    Location
    • Region: Mcminnville

    Other

    Other facts
    • Roof: Metal
    • Sewer: Public Sewer
    • WaterSource: Public
    • GarageYN: true
    • HeatingYN: true
    • Basement: Slab
    • FoundationDetails: Slab
    • Zoning: c-3
    • NumberOfUnitsTotal: 7
    • CurrentFinancing: Conventional
    • StoriesTotal: 2
    • LotFeatures: Level
    • Heating: Wall Unit(s)
    • NumberOfUnitsInCommunity: 7
    • YearBuiltEffective: 1954
    • SpecialListingConditions: Real Estate Owned
    • OpenParkingYN: true
    • SecurityFeatures: Fire Sprinkler System
    • AssociationAmenities: Laundry
    • InteriorFeatures: Dishwasher, Microwave, Refrigerator, Disposal, Range
    • ParkingFeatures: Open
    • ViewYN: Yes
    • View: Territorial
    • OtherParking: Open
    • CommunityFeatures: Laundry
    • Utilities: Landscaping
    • CapRate: 7.26
    • GrossIncome: 93120
    • OperatingExpense: 21607
    • YearBuiltDetails: Remodeled