505 NW Fenton St

McMinnville, OR 97128
  • $399,900

    Price
  • 8

    Bed
  • 4

    Bath
  • 0

    SqFt

About the Listing EPIQ01 - LANEYJ

Investor special with immediate cash flow! This rare two bedroom, one bathroom duplex opportunity features two detached homes on a single tax lot, offering the privacy of single-family residences with the income potential of a multi-family investment. Ideally located just blocks from the Public Library, City Park, and the shops and dining of Historic Downtown McMinnville, this property combines a prime walkable location with strong rental appeal. A great value-add or hold opportunity for investors seeking steady returns in a desirable area. Buyer to do own due diligence on the possibility of splitting the lot into 2x single family homes under Oregon's middle housing bill.No need to worry about capital expenses as the roof (2016) was recently replaced and the water heaters are in good condition. Renters on month-to-month.

Listing Highlights

Status Active
Days on Site 3
Property Type Multi-Family
MLS ® 494455155
Year Built 1972
Total Square Footage 0
Lot/Acreage N/A
County Yamhill
Elementary School Newby
Middle School Duniway
High School McMinnville

Interior Details

  • Bedrooms: 8
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public Water

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: unknown
  • Roof: Composition
  • Others: Approximately
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $2,546
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 152364
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

505 NW Fenton St McMinnville, OR 97128

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Originating MLS: Regional Multiple Listing Service, Inc.

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