707 NE 5TH ST McMinnville, OR $ 645,000
707 NE 5TH ST
$ 645,000
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707 NE 5TH ST

McMinnville, OR, 97128
$ 645,000
Bedrooms-- Baths0.0 Sq 1,906

Monthly Estimate*

$ 4,455

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Multi-Family Home for sale in McMinnville, OR

for $645,000. This 1,906 square foot home was built in 1920.

Seller financing available with sufficient down payment. Fully leased 1,903 SF Victorian — 4 bedrooms, 2 baths, two full kitchens, and a fourth bedroom with wet bar that lets the floor plan divide cleanly into two independent living areas. Flexible O-R zoning keeps the other doors open: professional office, live-work, duplex, or extended corporate stays of 30 days or more. Four off-street parking spaces, a rarity this close to Third Street. The building sits high on a corner lot two blocks from Third Street, two from the Yamhill County Courthouse, and two from the Granary District — with the elevation and frontage that make a building get noticed. Built in 1920, its turn-of-the-century detail has been carefully preserved. A single tenant currently leases the entire space and pays all utilities. Buy the income, or step into it yourself.

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Multi-Family Active

Price

$ 645,000

Property Type

Multi-Family

Taxes

$ 4,295

Style

Year Built

1920

Town/City

McMinnville

County/Region

Yamhill

MLS | Web ID

194219145

Features
General
Sewer PublicSewer
Heating ForcedAir
Zoning O-R
Year Built 1920
Parcel Number 159269
Gross Income 40200.0
County Yamhill
Net Operating Income 33200.0
Operating Expense 7000.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds
Status Active
Directions Head East on NE Third St. turn North on NE Galloway Corner of Galloway & NE 5th St
High School McMinnville
City McMinnville
Number Of Units Total 0
MLS Area _156
Listing Terms Cash Contract Conventional FHA OwnerWillCarry
Elementary School Memorial
Tax Annual Amount 4295.08
Middle/Junior High School Patton
Property Condition UpdatedRemodeled
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description SEE METES & BOUNDS
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Exterior
Water Source PublicWater
Total Parking 0
Exterior Description WoodSiding
Building Area Total 1906.0
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Internal Only
Street Number 1 707
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* Excluded Features
List By
Constant Commercial Real Estate Inc

Broker

503-222-0282

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Affordability Calculator

$4,813
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,455
Monthly Property Taxes
$358
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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.
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Nearby
1949643 Elementary School
1950262 Middle School
McMinnville High School High School
Pricing History
DatePricePrice ChangeDescription
10/9/2026$645,000 Listed Price

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707 NE 5TH ST, McMinnville, OR, 97128 is a Multi-Family Home for sale at $645,000 with 1,906 sqft. 707 NE 5TH ST has 0.0 baths and was built in 1920. The property's zip code is 97128 which is in McMinnville, OR