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Pending
  • $899,900

    206 NE Johnson St, McMinnville, OR 97128

    6beds
    1,953sqft
    : 
    $6,089/mo
    Get pre-qualified
    Multi Family
    Built in 1972
    -- sqft lot
    $863,200 Zestimate®
    $461/sqft
    $-- HOA

    What's special

    Three single-level unitsSix off-street parking spacesIn-unit washer and dryerPrivate patio
    Turnkey Short Term Rental Triplex! Peak Season Begins in May - Buy today and host tomorrow! This is a rare opportunity to own a triplex with 3 fully furnished 2 bed/1 bath units, currently operating as successful short-term rentals.This income producing property features three single-level units, each offering 2 bedrooms and 1 bathroom, along with six off-street parking spaces. Every unit includes a private patio, in-unit washer and dryer, and new ductless heating and cooling systems for year-round comfort. All furniture, linens, kitchen supplies, and appliances are included, making this a truly turnkey investment ready for immediate operation. The low maintenance yard and exterior help keep ownership simple, while C3 zoning allows for a variety of uses. With peak season running May through October, the timing is ideal for capturing immediate STR income. Units A & C have demonstrated strong performance with 100+ five-star reviews. Unit B has only just been renovated and is now ready to rent. Recent updates include new heating and air conditioning systems, water heaters, appliances, and fresh interior paint, further enhancing the property's value and ease of ownership. Inquire with your CPA about a potential tax advantage of a cost segregation study!
    160 days
    |
    124
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Emily Chlumak 503-484-6127,

    Oregon First,

    Martin Chlumak 503-484-6126,

    Oregon First

    Source: RMLS (OR),MLS#: 785094065MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Ductless, Mini Split, Zoned
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Range, Refrigerator, Washer/Dryer, Electric Water Heater
      Features
      • Basement: Crawl Space
      Interior area
      • Total structure area: 1,953
      • Total interior livable area: 1,953 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      Lot
      • Size: 6,534 Square Feet
      • Dimensions: 6,482 Square Feet
      • Features: Corner Lot, Level, SqFt 5000 to 6999
      Details
      • Parcel number: 162273
      • Zoning: C-3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • T111 Siding
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Updated/Remodeled
      • Year built: 1972

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Mcminnville

      Financial & listing details

      • Price per square foot: $461/sqft
      • Tax assessed value: $390,711
      • Annual tax amount: $5,356
      • Date on market: 3/11/2026
      • Cumulative days on market: 160 days
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        $863,200

        $820,000 - $906,000

        $1,923/mo

        Price history

        DateEventPrice
        7/31/2026Pending sale$899,900$461/sqft
        Source: RMLS (OR) #785094065 Report a problem
        3/25/2026Price change$899,900-5.2%$461/sqft
        Source: RMLS (OR) #785094065 Report a problem
        3/11/2026Listed for sale$949,000+36.8%$486/sqft
        Source: RMLS (OR) #785094065 Report a problem
        4/25/2024Sold$693,500+2.7%$355/sqft
        Source: RMLS (OR) #24534004 Report a problem
        4/5/2024Pending sale$675,000$346/sqft
        Source: RMLS (OR) #24534004 Report a problem
        4/2/2024Listed for sale$675,000+187.2%$346/sqft
        Source: RMLS (OR) #24534004 Report a problem
        12/13/2021Sold$235,000$120/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,356 +5.5%$300,807 +3%
        2024$5,076 +5.9%$292,046 +3%
        2023$4,793 +5.6%$283,540 +3%
        2022$4,540 +2.4%$275,282 +3%
        2021$4,433 +0.9%$267,264 +3%
        2020$4,393 +11.3%$259,480 +11.5%
        2019$3,946 +1.4%$232,663 +2.3%
        2018$3,891 $227,399 -8%
        2017$3,891 +0.4%$247,041 +7.7%
        2016$3,875 $229,471 +17.1%
        2015$3,875 +16.6%$195,949 +5.5%
        2014$3,323 +13.7%$185,726 +4.3%
        2013$2,922 +1%$178,007 +1.5%
        2012$2,893 -17.3%$175,426 -17.2%
        2011$3,500 -0.5%$211,772 -1.1%
        2010$3,516 -16.7%$214,144 -15.2%
        2009$4,219 +4.3%$252,549 +3%
        2008$4,046 +2.4%$245,193 +3%
        2007$3,952 +10.7%$238,051 +3%
        2006$3,568 -2.5%$231,118 +3%
        2005$3,660 +5.5%$224,386 +3%
        2004$3,470 -6.3%$217,850 +3%
        2003$3,702 +4.3%$211,505 +3%
        2002$3,550 +4.1%$205,345 +3%
        2001$3,411 +3.9%$199,364 +3%
        2000$3,283 $193,557
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 97128

        Getting around

        92 / 100
        Walker's Paradise
        30 / 100
        Some Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Buel
        • Middle: Patton
        • High: Mcminnville

        Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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