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240 SE Davis St, McMinnville, OR 97128

$390,000.00
  • 240 SE Davis St, McMinnville, OR 97128 Main Photo
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Active
BEDS3 BATHS1 full 1 partial SQUARE FEET2,854 MLS#777192214
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

This 1914 home presents a rare opportunity to restore a piece of McMinnville history. Located approximately 0.2 miles from Historic Downtown McMinnville, one block from the McMinnville Farmers Market, and 0.6 miles from Linfield University, the property offers convenient access to shops, restaurants, tasting rooms, parks, and Highway 99W. Situated on an approximately 8,276 sq ft lot and zoned R4 Multifamily, the property presents opportunities for redevelopment, investment, or restoration, subject to buyer due diligence. Many original architectural features remain, including fir floors, plaster walls, wood windows, and vintage kitchen cabinetry. Listed on McMinnville's Historic Homes Registry (Tier 2), the home retains much of its original character, with exterior modifications subject to historic review requirements.Recent improvements include tuck-pointing and installation of a new heating system. Air conditioning may be added. The second floor previously accommodated additional bedrooms and may offer future expansion potential, subject to permits and approvals. A detached garage provides storage, workshop space, or future use potential. The full unfinished basement offers substantial storage and future finishing potential. With numerous windows and a separate exterior entrance, the space may accommodate expanded living, recreation, workspace, or hobby areas, subject to permits and approvals.The property requires substantial rehabilitation. All plumbing has been removed, the electrical system requires replacement, bathrooms have been stripped, and water, sewer, and electrical services are not currently connected. Interior conditions may be unsafe; buyers should exercise caution when viewing. Property is being sold strictly AS-IS. An exceptional opportunity for investors, contractors, developers, or restoration-minded buyers seeking a historic property in the heart of Oregon wine country with R4 multifamily zoning and proximity to downtown amenities.

Property Features

Property Type: Residential - Single Family
Basement: Exterior Entry, Full Basement, Unfinished
Basement: Yes
Days on Market: 331
Fuel Type: Electricity
Garage: 1
Heating: Forced Air
Home Style: 2 Story
Lot Size: 0.19 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $3,132
Year Built: 1914

Feature Descriptions

Bathroom: 1.0 (Main), 0.1 (Upper)
Exterior: Brick, Unreinforced Masonry Building
Interior: Wood Floors
Lot: Level
Lot Dimensions: 0
Parking Notes: Detached, OffStreet, OnStreet
Sewer: Other
Square Footage: 1171 (Lower), 1171 (Main), 512 (Upper)
Water: Other

Local Schools

High School: McMinnville
Middle School: Duniway
Elementary School: Buel

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Professional
Agency Phone: 503-538-0468

Shown By

Agency Title: 20/20 Properties, INC.
Agency Phone: 503.492.1776

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Estimated Payment

$ 2,011.71 per month $1,636.96 Principal & Interest $261.00 Property Tax $113.75 Homeowner's Insurance

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