Welcome to McMinnville and this great duplex with positive cash flow from Day 1! Gross rent multiplier 16.34 with upside on rents. Two bedrooms, one and a half baths, one car garage. Possible owner occupied with one unit being mo.-mo. Well maintained and great location next to single family homes.New roof in 2016, Fence replaced in 2011, Hardi-Plank siding installed in 2007. Please do not disturb tenants and no sign on property. Pictures from unit 993 with new carpet.
Off market
Zestimate®
$543,800
989 SW Oriole St, McMinnville, OR 97128
4beds
0baths
2,300sqft
MultiFamily
Built in 1995
-- sqft lot
$543,800 Zestimate®
$236/sqft
$1,984 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 0
Heating
- Forced air, Electric
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 2,300 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Cement / Concrete
Lot
- Size: 8,171 sqft
- Features: Level, Corner Lot
Details
- Parcel number: R4419DD13900
- Zoning: DUPLEX
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Approximately
- Year built: 1995
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: 2545
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- FoundationDetails: Concrete Perimeter
- RoadSurfaceType: Paved
- GarageYN: true
- AttachedGarageYN: true
- HeatingYN: true
- NumberOfUnitsTotal: 2
- Utilities: Electricity Connected
- Heating: Zoned
- Zoning: DUPLEX
- Roof: Composition
- LotFeatures: Level, Corner Lot
- Basement: Crawl Space
- ConstructionMaterials: Cement Siding
- FarmLandAreaUnits: Square Feet
- ParkingFeatures: Attached, Paved
- Appliances: Electric Water Heater
- TotalActualRent: 2545
- CapRate: 5.24
- GrossIncome: 30540
- MlsStatus: Active
- PropertyCondition: Approximately
- NetOperatingIncome: 26160
- OperatingExpense: 4380
- TaxAnnualAmount: 3202.63
- Road surface type: Paved
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$543,800
2% more+$10,876
With Zillow Showcase(estimated)$554,676