9 Unit Garden Style Plex in the heart of downtown Mcminnville's historic shopping district. All 2 bedroom 1 bath units, on 2 stories. Tenants pay Electric, Landlord pays water and trash. Offers Subject to Interior Inspection. Please do not disturb Tenants nor walk onto property.Call agent for more info.
Off market
Street View
Price Unknown
501 SE Davis St, McMinnville, OR 97128
2beds
1baths
8,000sqft
MultiFamily
Built in 1974
-- sqft lot
$-- Zestimate®
$--/sqft
$1,559 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Baseboard, Electric
Interior area
- Total interior livable area: 8,000 sqft
Property
Features
- Exterior features: Wood
Details
- Zoning: MULTI
Construction
Type & style
- Home type: MultiFamily
Condition
- Existing
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & neighborhood
Location
- Region: Mcminnville
HOA & financial
Other financial information
- Total actual rent: 835
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Heating: Baseboard
- RoadSurfaceType: Paved
- HeatingYN: true
- Utilities: Electricity Connected
- Zoning: MULTI
- ConstructionMaterials: Wood Siding
- NumberOfUnitsTotal: 9
- FarmLandAreaUnits: Square Feet
- RentIncludes: Water, Sewer, Trash Collection
- OpenParkingYN: true
- Appliances: Electric Water Heater
- ParkingFeatures: Open
- TotalActualRent: 835
- CapRate: 4.39
- PropertyCondition: Existing
- MlsStatus: Pending
- GrossScheduledIncome: 100980
- GrossIncome: 89634
- NetOperatingIncome: 47898
- OperatingExpense: 41736
- Road surface type: Paved