1038 SW CEDARWOOD AVE McMinnville, OR97128
$665,000
4 total units
3 total bedrooms
1 total bathrooms
$45,600 annual income
3487 total sq. ft
10,000 to 14,999 SqFt
Elementary School: Columbus
Middle School: Duniway
High School: McMinnville
Zoning: C-3
868 days on market
VestorFilter™
Price per unit$166.3K/unit
Price per ft²$190.71/ft²
Recent price drop$34,000
Price per acre$2.83M/ac
Price per bedroom$221.7K/bed
Time on market868 days
Property Description
Great investment opportunity on this 4-plex in McMinnville! Located right across the street from Linfield University. Two duplexes zoned C-3. Newer composition roof (2018) on the duplex facing Cedarwood. New metal roof cap on Baker St duplex. Light updates have been made including the replacement of several windows, new countertops & kitchen floors, as well as interior paint. The opportunities are endless with this unique property. Operating expenses are estimated. Buyer to do due diligence.
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Financial Data
Date Sold2022-05-31
Sold Price$665,000
Price ChangeDropped $34,000 on 06/01/2022
Total $34,000 drop
Total $34,000 drop
Original Price$699,000
Current Price$665,000
Property Taxes$3,088
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Home Facts
StatusClosed
Year Built1950
Exterior Features
MLS ID21381247
Unit Details
Unit 1
Unit 2
Unit 3
Unit 4
