708 Southeast Davis Street

McMinnville, OR 97128

$1,300,000
Price
Beds
7,200 Sq. Ft.
$181 / Sq. Ft.
7,200
Sq. Ft.
$181
per Sq. Ft.

Description

2 Buildings, 7 total units (3x 3 Bedroom 1 1/2 Bathroom; 4x 2 Bedroom 1 1/2 Bathroom) On site assigned parking. Situated centrally between Linfield and Down Town McMinnville. Bus lines within walking distance. 100% occupancy, 5.5% CAP on actuals. Property has great upside potential- Combined purchase with 716 Davis available with discount- see mls# 24261402 No sign at property, please Do not disturb tenants- financials / data package available.2 Buildings, 7 total units (3x 3 Bedroom 1 1/2 Bathroom; 4x 2 Bedroom 1 1/2 Bathroom) On site assigned parking. Situated centrally between Linfield and Down Town McMinnville. Bus lines within walking distance. 100% occupancy, 5.5% CAP on actuals. Property has great upside potential- Combined purchase with 716 Davis available with discount- see mls# 24261402 No sign at property, please Do not disturb tenants- financials / data package available.
  1. Listed by Kristina Lookabill • Bella Casa Real Estate Group

Property Details for 708 Southeast Davis Street

Parking Features
Assigned
Zoning
R-4
View
Territorial, Trees Woods
Garage Spaces
.00
Parking Total
14.00

Location

Listing Courtesy of Bella Casa Real Estate Group
Add your commute
LISTING UPDATED: 05/27/2024 06:56 AM

Property Details for 708 Southeast Davis Street

StatusPending
MLS #24101107
Days on Market17
Taxes$8,285 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1971
Lot Size0.56 AC / 24,393 SF
CountyYamhill County

Location

Listing Courtesy of Bella Casa Real Estate Group
Add your commute

Building Information for 708 Southeast Davis Street

Stories2Residences7Year Built1971Building Size-Lot Size0.56 AC / 24,393 SF

Payment Calculator

$7,785 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,095

Property Taxes

$690

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 708 Southeast Davis Street

Summary
Location and General Information
  • Country: US
  • Directions: 99w, E @ 2nd, R @ Davis
  • Road Surface: Paved
School Information
  • Elementary School: Buel
  • High School: Mc Minnville
  • Middle Or Junior School: Patton
Taxes and HOA
  • Management Name: Bella Casa Property Management
  • Tax Year: 2023
  • Tax Annual Amount: $8,285.45
  • Parcel Number: 163860
  • Tax Legal Description: TOWNSHIP 4S RANGE 4W SECTION 21 QTR C QQTR C TAXLOT 00901 BLOCK 1
Property
Lot Information
  • Acres: 0.56
  • Lot Description: Level, Sloped
  • Lot Size Square Feet: 24393.0
  • Lot Size Dimension: 24393sf
  • Lot Size Range: Sq Ft20000to Acres1
  • Lot Size: 20,000 Sq Ft to .99 Acres
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Existing
  • Year Built: 1971
Utilities
  • Cooling Description: Window Unit
  • Fuel Description: Electricity
  • Heating Description: Wall Heater
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Maintenance Grounds
Interior and Exterior Features
Exterior Features
  • Exterior Description: T111Siding, Wood Siding
  • Roof Type: Metal
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
  • Gross Income Actual: $106,200.00
  • Gross Rent Multiplier: $12.24
  • Investor Information: Annual Property Operation Data, Leases, Maintenance Records Available, Profit Loss Statement
  • Net Income Actual: $72,351.00
  • Operating Expense: $30,663.00
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5, Unit Type Type6, Unit Type Type7
  • SqFt Approximate Building Total: 7200
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Features: Dishwasher, Disposal, Washer Dryer
  • Unit Type 1 Rent: $1,275
  • Unit Type 1 SqFt: 1200.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Dishwasher, Disposal
  • Unit Type 2 Rent: $1,280
  • Unit Type 2 SqFt: 900.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Features: Dishwasher, Disposal
  • Unit Type 3 Rent: $1,150
  • Unit Type 3 SqFt: 900.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 2
  • Unit Type 4 Beds Total: 3
  • Unit Type 4 Features: Dishwasher, Disposal, Washer Dryer
  • Unit Type 4 Rent: $1,400
  • Unit Type 4 SqFt: 1200
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 2
  • Unit Type 5 Beds Total: 2
  • Unit Type 5 Features: Dishwasher, Disposal
  • Unit Type 5 Rent: $1,250
  • Unit Type 5 SqFt: 900.0
  • Unit Type 5 Units Total: 1
Unit 6 Information
  • Unit Type 6 Baths Total: 2
  • Unit Type 6 Beds Total: 2
  • Unit Type 6 Features: Dishwasher, Disposal
  • Unit Type 6 Rent: $1,095
  • Unit Type 6 SqFt: 900.0
  • Unit Type 6 Units Total: 1
Unit 7 Information
  • Unit Type 7 Baths Total: 2
  • Unit Type 7 Beds Total: 3
  • Unit Type 7 Features: Dishwasher, Disposal, Washer Dryer
  • Unit Type 7 Rent: $1,400
  • Unit Type 7 SqFt: 1200
  • Unit Type 7 Units Total: 1

Public Records for 708 Southeast Davis Street

Taxable ValueLand-Additions-Total-
Tax Record2023$8,285 ($690 / month)
Home Facts
Lot Size24,394 SqFtStyleMulti-Family Res (5+ Units)ZoningR4CountyYAMHILLAPNR4421CC 00901

Schools near 708 Southeast Davis 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 Bella Casa Real Estate Group

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