Incredible opportunity! HISTORIC DOWNTOWN OPPORTUNITY WITH FLEXIBLE BUSINESS ZONING. Located just blocks from downtown McMinnville. Full of character and timeless appeal, this property offers the unique opportunity of Business/Residential zoning, which allows for a variety of potential uses, including operating a VRBO without additional city approval (Buyer to verify with the city) and /or using for office space or both. Whether you're looking for a residence, investment property, short-term rental or space for your business this property offers endless possibilities. The main level boasts a large living & dining area with a charming window seat, high ceilings, many windows offering abundant natural light, plus a cozy multipurpose den/office. Bright open kitchen with generous storage. The main floor also includes a bedroom and updated bathroom with marble floors and a shower/tub combo, and laundry room with a utility sink. The upper level is a unique feature of this property, accessible by a private entrance. Upstairs includes a full kitchen, three additional rooms, and a full bathroom - offering potential for use as a separate apartment, extended living area, or business space. Large unfinished basement with nearly 1000 sq. ft. of additional space. Good sized fenced backyard, patio and covered front and back porches, perfect for entertaining. Additionally, there is a converted garage with heat and electric which offers a great flex space. New furnace and heat pump in 2024, updated electrical panel, updated windows throughout. Buyer to do due diligence on zoning.
Active
Price cut: $14K (9/9)
$485,000
715 NE 5th St, McMinnville, OR 97128
4beds
2,520sqft
Residential, Single Family Residence
Built in 1913
6,098 Square Feet Lot
$-- Zestimate®
$192/sqft
$-- HOA
What's special
Good sized fenced backyardGenerous storageHigh ceilingsUpdated windows throughoutBright open kitchenCharming window seat
- 112 days
- 861
- 42
Zillow last checked:
Listing updated:
Listed by:
Trisha House 503-437-1822,
Baker Street Real Estate, LLC,
Jessica Love 971-237-7736,
Baker Street Real Estate, LLC
Source: RMLS (OR),MLS#: 739787462
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 4, 2nd Kitchen, Den, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Bathroom, Walkin Closet, Wallto Wall Carpet
- Level: Main
- Area: 120
- Dimensions: 10 x 12
Bedroom 2
- Features: Wallto Wall Carpet
- Level: Upper
- Area: 160
- Dimensions: 16 x 10
Bedroom 3
- Features: Wallto Wall Carpet
- Level: Upper
- Area: 90
- Dimensions: 10 x 9
Bedroom 4
- Features: Wallto Wall Carpet
- Level: Upper
- Area: 78
- Dimensions: 6 x 13
Dining room
- Features: Wallto Wall Carpet
- Level: Main
- Area: 176
- Dimensions: 16 x 11
Kitchen
- Features: Free Standing Range, Free Standing Refrigerator, High Ceilings, Vinyl Floor
- Level: Main
- Area: 208
- Width: 13
Living room
- Features: Ceiling Fan, High Ceilings, Wallto Wall Carpet
- Level: Main
- Area: 260
- Dimensions: 20 x 13
Heating
- Forced Air, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Microwave, Washer/Dryer, Electric Water Heater
- Laundry: Laundry Room
Features
- Granite, High Ceilings, Marble, Ceiling Fan(s), Bathroom, Walk-In Closet(s)
- Flooring: Wall to Wall Carpet, Vinyl
- Doors: Storm Door(s)
- Windows: Double Pane Windows, Vinyl Frames
- Basement: Full
- Fireplace features: Stove
- Furnished: Yes
Interior area
- Total structure area: 2,520
- Total interior livable area: 2,520 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway, On Street, Converted Garage
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Patio, Porch
- Exterior features: Raised Beds, Yard
Lot
- Size: 6,098 Square Feet
- Features: Level, SqFt 5000 to 6999
Details
- Additional structures: ToolShed, Furnished
- Parcel number: 159278
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Residential, Single Family Residence
Materials
- Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1913
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Mcminnville
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $429,783
- Annual tax amount: $2,852
- Date on market: 5/21/2026
- Listing terms: Cash,Conventional,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/9/2026 | Price change | $485,000-2.8%$192/sqft |
Source:  RMLS (OR) #739787462 Report a problem | ||
| 5/21/2026 | Listed for sale | $499,000+211.3%$198/sqft |
Source: RMLS (OR) #739787462 Report a problem | ||
| 7/1/2010 | Sold | $160,308-5.6%$64/sqft |
Source: Public Record Report a problem | ||
| 4/3/2010 | Price change | $169,900-14.8%$67/sqft |
Source: COLDWELL BANKER VALLEY BROKERS/CORVALLIS #625334 Report a problem | ||
| 2/13/2010 | Price change | $199,500-5%$79/sqft |
Source: Windermere Pacific Crest Realty #9015290 Report a problem | ||
| 11/16/2009 | Price change | $209,900-4.5%$83/sqft |
Source: Windermere Pacific Crest Realty #9015290 Report a problem | ||
| 10/23/2009 | Price change | $219,900-2.2%$87/sqft |
Source: Windermere Pacific Crest Realty #9015290 Report a problem | ||
| 10/22/2009 | Price change | $224,900+2.3%$89/sqft |
Source: Windermere Pacific Crest Realty #9015290 Report a problem | ||
| 9/19/2009 | Listed for sale | $219,900-2.2%$87/sqft |
Source: Windermere Pacific Crest Realty #9015290 Report a problem | ||
| 8/18/2009 | Listing removed | $224,900$89/sqft |
Source: Windermere Pacific Crest Realty #9015290 Report a problem | ||
| 4/30/2009 | Price change | $224,900-3.3%$89/sqft |
Source: Listhub #9015290 Report a problem | ||
| 4/8/2009 | Listed for sale | $232,500$92/sqft |
Source: Listhub #9015290 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,852 +5.5% | $160,185 +3% |
| 2024 | $2,703 +5.9% | $155,519 +3% |
| 2023 | $2,552 +5.6% | $150,989 +3% |
| 2022 | $2,418 +2.4% | $146,591 +3% |
| 2021 | $2,360 +0.8% | $142,321 +3% |
| 2020 | $2,342 +2.8% | $138,176 +3% |
| 2019 | $2,278 +2% | $134,151 +3% |
| 2018 | $2,233 | $130,244 +3% |
| 2017 | $2,233 +7.5% | $126,450 +3% |
| 2016 | $2,078 | $122,767 +3% |
| 2015 | $2,078 +2.5% | $119,193 +3% |
| 2014 | $2,028 +9.5% | $115,723 +3% |
| 2013 | $1,852 +2.5% | $112,354 +3% |
| 2012 | $1,807 +2.8% | $109,083 +3% |
| 2011 | $1,758 +3.7% | $105,907 +3% |
| 2010 | $1,696 +1.7% | $102,824 +3% |
| 2009 | $1,668 +4.3% | $99,829 +3% |
| 2008 | $1,599 +2.4% | $96,921 +3% |
| 2007 | $1,562 +10.7% | $94,098 +3% |
| 2006 | $1,410 -2.5% | $91,357 +3% |
| 2005 | $1,447 +5.5% | $88,696 +3% |
| 2004 | $1,372 -6.3% | $86,113 +3% |
| 2003 | $1,463 +4.3% | $83,604 +3% |
| 2002 | $1,403 +4.1% | $81,169 +3% |
| 2001 | $1,348 +3.9% | $78,805 +3% |
| 2000 | $1,298 | $76,509 |
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.Climate risks
Neighborhood: 97128
Nearby schools
Schools provided by the listing agent
- Elementary: Memorial
- 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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