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  • $395,000

    505 NW Fenton St, McMinnville, OR 97128

    8beds
    3,168sqft
    Multi Family
    Built in 1972
    -- sqft lot
    $-- Zestimate®
    $125/sqft
    $3,176 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,176/mo

    Zestimate® history
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    What's special

    Investor special with immediate cash flow! This rare two bedroom, one bathroom duplex opportunity features two detached homes on a single tax lot, offering the privacy of single-family residences with the income potential of a multi-family investment. Ideally located just blocks from the Public Library, City Park, and the shops and dining of Historic Downtown McMinnville, this property combines a prime walkable location with strong rental appeal. A great value-add or hold opportunity for investors seeking steady returns in a desirable area. Buyer to do own due diligence on the possibility of splitting the lot into 2x single family homes under Oregon's middle housing bill.No need to worry about capital expenses as the roof (2016) was recently replaced and the water heaters are in good condition. Renters on month-to-month.

    Zillow last checked:

    Listing updated:

    Listed by:

    John Laney #AGENT_PHONE,

    Epique Realty

    Bought with:

    Caralee Slowik, 200611005

    Slowik Real Estate LLC

    Source: RMLS (OR),MLS#: 494455155MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Interior area
    • Total structure area: 3,168
    • Total interior livable area: 3,168 sqft

    Property

    Lot
    • Features: SqFt 7000 to 9999
    Details
    • Parcel number: 152364
    • Zoning: unknown

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • T111 Siding, Wood Siding
    • Roof: Composition
    Condition
    • Approximately
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Mcminnville

    Financial & listing details

    • Price per square foot: $125/sqft
    • Tax assessed value: $350,079
    • Annual tax amount: $2,546
    • Date on market: 2/9/2026
    • Cumulative days on market: 24 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Total actual rent: 2440

    Price history

    DateEventPrice
    4/9/2026Sold$395,000-1.2%$125/sqft
    Source: RMLS (OR) #494455155 Report a problem
    3/6/2026Pending sale$399,900$126/sqft
    Source: RMLS (OR) #494455155 Report a problem
    2/27/2026Listed for sale$399,900+17.6%$126/sqft
    Source: RMLS (OR) #494455155 Report a problem
    2/24/2023Sold$340,000-10.3%$107/sqft
    Source: RMLS (OR) #22346252 Report a problem
    1/24/2023Pending sale$379,000$120/sqft
    Source: RMLS (OR) #22346252 Report a problem
    1/12/2023Price change$379,000-2.8%$120/sqft
    Source: RMLS (OR) #22346252 Report a problem
    1/6/2023Listed for sale$389,900$123/sqft
    Source: RMLS (OR) #22346252 Report a problem
    12/14/2022Pending sale$389,900$123/sqft
    Source: RMLS (OR) #22346252 Report a problem
    11/16/2022Listed for sale$389,900+67.7%$123/sqft
    Source: RMLS (OR) #22346252 Report a problem
    3/29/2018Sold$232,500-1%$73/sqft
    Source: RMLS (OR) #18004838 Report a problem
    3/9/2018Pending sale$234,900$74/sqft
    Source: Premiere Property Group, LLC #18004838 Report a problem
    2/25/2018Listed for sale$234,900$74/sqft
    Source: Premiere Property Group, LLC #18004838 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,546 +5.5%$143,006 +3%
    2024$2,413 +5.9%$138,841 +3%
    2023$2,278 +5.6%$134,797 +3%
    2022$2,158 +2.4%$130,871 +3%
    2021$2,107 +0.8%$127,059 +3%
    2020$2,091 +2.8%$123,358 +3%
    2019$2,034 +2%$119,765 +3%
    2018$1,994 $116,277 +3%
    2017$1,994 +7.5%$112,890 +3%
    2016$1,855 $109,602 +3%
    2015$1,855 +2.5%$106,411 +3%
    2014$1,810 +9.5%$103,313 +3%
    2013$1,654 +2.5%$100,305 +3%
    2012$1,613 +2.8%$97,385 +3%
    2011$1,569 +3.7%$94,550 +3%
    2010$1,514 +1.7%$91,798 +3%
    2009$1,489 +4.3%$89,124 +3%
    2008$1,428 +2.4%$86,528 +3%
    2007$1,395 +10.7%$84,008 +3%
    2006$1,259 -2.5%$81,561 +3%
    2005$1,292 +5.5%$79,185 +3%
    2004$1,225 -6.3%$76,879 +3%
    2003$1,307 +4.3%$74,639 +3%
    2002$1,253 +4.1%$72,465 +3%
    2001$1,204 +3.9%$70,354 +3%
    2000$1,158 $68,305
    Find assessor info on the county website

    Neighborhood: 97128

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Newby
    • Middle: Duniway
    • 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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