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  • $524,000

    525 SW Fellows St, McMinnville, OR 97128

    3beds
    1,650sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $318/sqft
    $1,695 Estimated rent

    Owner options

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    $1,695/mo

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    $1,695/mo

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    $3,068/mo

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    $3,068/mo

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    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!

    Zillow last checked: 8 hours ago

    Listing updated: April 30, 2025 at 12:03pm

    Listed by:

    Steve Nassar 503-805-5582,

    Premiere Property Group, LLC,

    Sydney Taggart 503-568-5522,

    Premiere Property Group, LLC

    Bought with:

    Steve Nassar, 201202032

    Premiere Property Group, LLC

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

    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

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 6,969 sqft
    • 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 & neighborhood

    Security
    • Security features: Unknown
    Location
    • Region: Mcminnville

    HOA & financial

    Other financial information
    • Total actual rent: 4000

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Paved