240 SE DAVIS ST
McMinnville, OR, 97128 $ 420,000
Bedrooms3 Baths1.1 Sq 2,854 Monthly Estimate*
$ 2,620
for $420,000 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 Liver of Wine Country, because if you’re only two blocks from historic downtown McMinnville, you know your liver is about to get the workout of its life. First time ever on the market, this is the kind of home that makes contractors drool and casual DIYers cry. Plumbing? Gone. Electrical? Needs a total redo. Bathrooms? Ripped out, because who really needs them when there are tasting rooms on every corner? Still holding on for dear life are the original fir floors, plaster walls, windows, and kitchen cabinets (aka “vintage charm”). The attic was once a living space with a full bath and two bedrooms, so if you’ve got vision, and a very forgiving contractor, it could be again. The seller did spring for tuck-pointing and a new heating system (AC can be added, assuming you survive the reno). The place is on the Historic Homes Registry (B level), which means you’ll need approval before you change the exterior, translation: don’t even think about slapping on vinyl siding.And here’s the plot twist: it’s zoned R4 multifamily. So while it looks like a challenge in single-family form, you could transform it into something that is an actual investment opportunity, if you’ve got the budget, the patience, and possibly a team of therapists. Sold strictly AS-IS. Unsafe areas inside mean it’s best to bring your hardhat, contractor, and maybe even a smudge kit. This isn’t just a home, it’s a full-bodied project with earthy undertones of stress, dust, and possibility, and now, a zoning designation, R4, that says dream big, or at least bigger than one bathroom. Sure, it’s got a few holes, but nothing a little clean living (or a liver cleanse) can’t fix! ~ Cheers! *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
- $2,620
- Monthly Property Taxes
- $261
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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 $682,314
Percent of Sale Price 62%
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 |
|---|
| 7/16/2025 | $420,000 | | Listed Price |