938 NE 2ND ST McMinnville, OR97128

$285,000
2 total units
4 total bedrooms
2 total bathrooms
$17,400 annual income
Capitilization Rate: 2.95
2099 total sq. ft
5,000 to 6,999 SqFt
Elementary School: Memorial
Middle School: Patton
High School: McMinnville
Zoning: c3
1245 days on market

VestorFilter™

Price per unit$142.5K/unit
Price per ft²$135.78/ft²
Recent price drop$15,000
Price per acre$2.43M/ac
Price per bedroom$71.3K/bed
Time on market1245 days
Smart Fixer ListYes

Property Description

Located in the heart of McMinnville, excellent location close to downtown. Currently a duplex with both units rented.Short distance to restaurants, brew pubs, wine tasting, shopping. Lot of potential here. Being SOLD AS IS

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Financial Data

Date Sold2021-03-01
Sold Price$285,000
Price ChangeDropped $15,000 on 03/01/2021
Total $40,000 drop
Original Price$325,000
Current Price$285,000
Property Taxes$2,679

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Home Facts

StatusSold
Year Built1895
Stories2
Exterior Features
MLS ID20248210

Unit Details

Unit 1
Unit 2