240 SE DAVIS ST
McMinnville, OR, 97128 $ 390,000
Bedrooms3 Baths1.1 Sq 2,854 Monthly Estimate*
$ 2,401
for $390,000 with 3 bedrooms and 1 full bath, 1 half bath. This 2,854 square foot home was built in 1914 on a lot size of 0.19.
Welcome to the higher side of Wine Country. If this home was a puff to much at 420, the price adjustment to 390 is here to light things up and trigger the munchies. Located just two blocks from Historic Downtown McMinnville, this 1914 original is on the market for the first time and ready for a full-scale transformation. Think of it as a top-shelf renovation opportunity: all of the plumbing is gone, the electrical system needs a total redo, and the bathrooms are fully stripped it’s a true clean slate with zero surprises hiding behind the walls. What remains are the good strains of history: original fir floors, plaster walls, wood windows, and vintage kitchen cabinetry. This home earned its place on McMinnville’s Historic Homes Registry (level B), exterior changes require approval, but the architectural soul is already baked in. The seller completed tuck-pointing and installed a new heating unit; air conditioning can be added. The second floor previously housed additional bedrooms, offering future expansion potential with approved plans. Zoned R4 Multifamily, this property opens doors for redevelopment, multi-unit use, or a creative investment strategy. A detached garage provides storage, workshop space, or potential garage conversion. Approximately 0.2 miles to downtown shops, tasting rooms, and restaurants, and about 0.6 miles to Linfield University, with easy access to Highway 99W and nearby parks. Sold strictly AS-IS. Interior conditions may be unsafe - bring caution, vision, and a contractor who’s comfortable operating at an elevated level. This isn’t just a renovation; it’s a slow-burn project with deep roots, strong bones, and plenty of room to rise. Roll up your plans and enjoy the process. Cheers!*Electric, Sewer and Water currently not connected*
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FeaturesInteriorInterior Amenities WoodFloors
Basement ExteriorEntry FullBasement Unfinished
Total Fireplaces 0
Window Features WoodFrames
Total Bathrooms 1.1
Total Bedrooms 3
Total Baths 2
1/2 Baths 1
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GeneralSewer Other
Heating ForcedAir
Roof Composition
Zoning R4
Garage Spaces 1.0
Architectural Style Stories2
Year Built 1914
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 165136
County Yamhill
Property Type Residential
HOA N
Full Baths 1
Status Active
Directions 99W to East on 2nd St to South on Davis
High School McMinnville
City McMinnville
Disclosures Disclosure
MLS Area _156
Lot Size Square Feet 8276.0
Listing Terms Cash Rehab
Elementary School Buel
Tax Annual Amount 3131.9
Middle/Junior High School Duniway
Property Condition Fixer
Virtual Tour https://www.mcminnvilleoregon.gov/sites/default/files/fileattachments/community_development/page/23131/historic_preservation_plan_-_final_-_amended_by_hlc.pdf
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description TOWNSHIP 4S RANGE 4W SECTION 21 QTR C QQTR B TAXLOT 13300 LOT 8 S
ADU False
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ExteriorParking Features OffStreet OnStreet
Lot Features Level
Water Source Other
Total Parking 1.0
Garage Type Detached
Exterior Description Brick UnreinforcedMasonryBuilding
Foundation Details ConcretePerimeter
Building Area Total 2854.0
Lot Size Acres 0.19
Road Surface Type Paved
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* Excluded FeaturesList ByColdwell Banker ProfessionalBroker
StaceyM@StaceyRealtor.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,401
- Monthly Property Taxes
- $261
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in McMinnville, OR
Average List Price $649,263
Percent of Sale Price 66%
About McMinnville, OR 33,728 Population
27% Since 2002
$ 48,064 Median Income
35.8 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
1949675 Elementary School
1951025 Middle School
McMinnville High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/30/2026 | $390,000 | -7.14% | Price Down |
| 7/16/2025 | $420,000 | | Listed Price |