1005 Southeast Rummel Street

McMinnville, OR 97128

$499,900
Price
Beds
1,806 Sq. Ft.
$277 / Sq. Ft.
1,806
Sq. Ft.
$277
per Sq. Ft.

Description

Duplex with 2bed/1bath on each side. Each unit has 1 car garage. Close to Linfield College. Adjacent green space with possible room for expansion, however, buyer to do their own due diligence with the City of McMinnville to secure building permits/zoning approvals, etc.. This sale includes properties1005 and 1015 SE Rummel St. Please do not disturb tenants.Duplex with 2bed/1bath on each side. Each unit has 1 car garage. Close to Linfield College. Adjacent green space with possible room for expansion, however, buyer to do their own due diligence with the City of McMinnville to secure building permits/zoning approvals, etc.. This sale includes properties1005 and 1015 SE Rummel St. Please do not disturb tenants.
  1. Listed by Chuck Smith • Windermere Realty Group

Property Details for 1005 Southeast Rummel Street

Parking Features
Attached, Garage
Zoning
R-3
Garage Spaces
1.00
Parking Total
2.00

Location

Listing Courtesy of Windermere Realty Group
Add your commute
LISTING UPDATED: 05/01/2024 12:32 PM

Property Details for 1005 Southeast Rummel Street

StatusPending
MLS #24008452
Days on Market12
Taxes$3,942 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1978
Lot Size0.29 AC / 12,632 SF
CountyYamhill County

Location

Listing Courtesy of Windermere Realty Group
Add your commute

Building Information for 1005 Southeast Rummel Street

Stories1Residences2Year Built1978Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$3,057 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,728

Property Taxes

$329

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1005 Southeast Rummel Street

Summary
Location and General Information
  • Country: US
  • Directions: SE 1st St. Take SE Ford St to SE Rummel St
  • Road Surface: Paved
School Information
  • Elementary School: Buel
  • High School: Mc Minnville
  • Middle Or Junior School: Patton
Taxes and HOA
  • Tax Year: 2023
  • Tax Annual Amount: $3,941.66
  • Parcel Number: 167303
  • Tax Legal Description: LOT 14 - BLOCK 4 IN VILLAGE MILL 2ND ADDITION
Property
Lot Information
  • Acres: 0.29
  • Lot Description: Level
  • Lot Size Square Feet: 12632.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1978
Utilities
  • Fuel Description: Electricity
  • Heating Description: Other
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Gross Income Actual: $35,790.00
  • Gross Income Projected: $40,440.00
  • Gross Rent Multiplier: $13.97
  • Investor Information: According To Owner
  • Net Income Actual: $30,875.00
  • Net Income Projected: 35525
  • Operating Expenses Projected: $5,000.00
  • Operating Expense: $4,915.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2
  • SqFt Approximate Building Total: 1806
Unit 1 Information
  • Unit Type 1 Baths Total: 1
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Dishwasher, Disposal, Range, Refrigerator
  • Unit Type 1 Rent: $1,800
  • Unit Type 1 SqFt: 906.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 1
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Disposal, Range, Refrigerator
  • Unit Type 2 Rent: $1,570
  • Unit Type 2 SqFt: 906.0
  • Unit Type 2 Units Total: 1

Property History for 1005 Southeast Rummel Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1005 Southeast Rummel Street

Taxable ValueLand-Additions-Total-
Tax Record2023$3,942 ($328 / month)
Home Facts
Baths2Total Finished SqFt1,806 SqFtAbove Grade Finished SqFt1,806 SqFtLot Size12,423 SqFtStyleDuplexYear Built1978ZoningR3CountyYAMHILLAPNR4421CD 07800

Schools near 1005 Southeast Rummel Street

This home is within Mcminnville School District 40.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Sue Buel Elementary
PublicK to 5

Patton Middle School
Public6 to 8

Mcminnville High School
Public9 to 12

Cook Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Windermere Realty Group

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