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Pending
  • $539,000

    525 SW Fellows St, McMinnville, OR 97128

    3beds
    1,650sqft
    : 
    Multi Family
    Built in 1950
    -- sqft lot
    $534,400 Zestimate®
    $327/sqft
    $-- HOA

    What's special

    This exceptional triplex, ideally situated in the heart of McMinnville, offers a rare opportunity for investors seeking strong, consistent cash flow. Professionally managed with a long history of great rental performance, this property ensures hassle-free ownership while maximizing returns.Each unit has been updated and well-maintained, attracting quality tenants and maintaining low vacancy rates. The prime location directly across from Linfield University makes it highly desirable for students, faculty and professionals, while its proximity to Michelbook Golf Course and downtown McMinnville adds to its broad tenant appeal.With its proven rental history, strategic location, and professional management, this turn-key investment is an outstanding addition to any portfolio. Don’t miss this chance to own a highly sought-after multifamily property in one of McMinnville’s most desirable neighborhoods!
    66 days
    on Zillow
    |
    262
    |
    10
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 08, 2025 at 02:48am

    Listed by:

    Steve Nassar 503-805-5582,

    Premiere Property Group, LLC,

    Sydney Taggart 503-568-5522,

    Premiere Property Group, LLC

    Source: RMLS (OR),MLS#: 706376167MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Baseboard
    Cooling
    • None
    Appliances
    • Included: Microwave, Range, Refrigerator, Washer/Dryer, Electric Water Heater
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 1,650
    • Total interior livable area: 1,650 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 6,969.6 Square Feet
    • Features: Private, SqFt 5000 to 6999
    Details
    • Parcel number: 155209
    • Zoning: R4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Other
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Security: Unknown
    HOA
    • Has HOA: No
    Location
    • Region: Mcminnville

    Financial & listing details

    • Price per square foot: $327/sqft
    • Tax assessed value: $454,902
    • Annual tax amount: $3,687
    • Date on market: 2/19/2025
    • Listing terms: Cash,Conventional
    • Total actual rent: 4000
    • Road surface type: Paved
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