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  • $385,000

    547 SE Cowls St, McMinnville, OR 97128

    2beds
    1,022sqft
    Multi Family
    Built in 1948
    -- sqft lot
    $385,200 Zestimate®
    $377/sqft
    $1,704 Estimated rent

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    $1,704/mo

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    $1,704/mo

    Rent Zestimate®

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    $2,217/mo

    Est. payment

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    $2,217/mo

    Est. payment

    What's special

    Charming 1948, 2 unit home in the heart of McMinnville, close to Linfield University, and just blocks away from McMinnville's historic Third Street and award winning wineries and restaurants. Located in a quiet, walkable neighborhood near parks, cafes, and transit, this well kept investment opportunity has a newer roof, flooring (carpet and vinyl) and interior and exterior paint. Long term and stable tenants. Includes two backyard sheds for tenant storage, and paved off street parking for 2 cars. New window A/C in both units. Excellent opportunity for first-time buyers or experienced rental investors alike. Don't pass up this opportunity to pick up an occupied rental investment and begin building or add to your portfolio!

    Zillow last checked: 8 hours ago

    Listing updated: September 22, 2025 at 07:15am

    Listed by:

    Catherine Summers 971-219-9858,

    Bella Casa Real Estate Group

    Bought with:

    OR and WA Non Rmls, NA

    Non Rmls Broker

    Source: RMLS (OR),MLS#: 252811727MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard
    Cooling
    • Window Unit(s), Air Conditioning
    Appliances
    • Included: Range, Refrigerator, Washer/Dryer, Electric Water Heater
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 1,022
    • Total interior livable area: 1,022 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Open, Paved
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Has view: Yes
    • View description: Park/Greenbelt
    Lot
    • Size: 5,662 sqft
    • Features: Level, SqFt 5000 to 6999
    Details
    • Parcel number: 164495
    • Zoning: R4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Existing
    • Year built: 1948

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Mcminnville

    HOA & financial

    Other financial information
    • Total actual rent: 2110

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA
    • Road surface type: Paved
    Sell with ease on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $385,200
    2% more+$7,704
    With Zillow Showcase(estimated)$392,904