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$390,000 Just Listed
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Property Description
Welcome to the higher side of Wine Country. If 420 was a puff too much, the new 390 price is here to spark the munchies. First time on market, this 1914 Historic Registry (Level B) home sits 0.2 mi from Downtown McMinnville and needs full renovation: all plumbing removed, electrical redo needed, baths stripped. Original fir floors, plaster walls, wood windows, vintage cabinets, R4 multifamily zoning, detached garage, new heating unit. Sold AS-IS. Utilities not connected. Welcome to the higher side of Wine Country. If this home was a puff to much at 420, the price adjustment to 390 is here to light things up and trigger the munchies. Located just two blocks from Historic Downtown McMinnville, this 1914 original is on the market for the first time and ready for a full-scale transformation. Think of it as a top-shelf renovation opportunity: all of the plumbing is gone, the electrical system needs a total redo, and the bathrooms are fully stripped it's a true clean slate with zero surprises hiding behind the walls. What remains are the good strains of history: original fir floors, plaster walls, wood windows, and vintage kitchen cabinetry. This home earned its place on McMinnville's Historic Homes Registry (level B), exterior changes require approval, but the architectural soul is already baked in. The seller completed tuck-pointing and installed a new heating unit; air conditioning can be added. The second floor previously housed additional bedrooms, offering future expansion potential with approved plans. Zoned R4 Multifamily, this property opens doors for redevelopment, multi-unit use, or a creative investment strategy. A detached garage provides storage, workshop space, or potential garage conversion. Approximately 0.2 miles to downtown shops, tasting rooms, and restaurants, and about 0.6 miles to Linfield University, with easy access to Highway 99W and nearby parks. Sold strictly AS-IS. Interior conditions may be unsafe - bring caution, vision, and a contractor who's comfortable operating at an elevated level. This isn't just a renovation; it's a slow-burn project with deep roots, strong bones, and plenty of room to rise. Roll up your plans and enjoy the process. Cheers!*Electric, Sewer and Water currently not connected*
Full Property Details
Full Property Details for 240 SE Davis St
General
- Price: $390,000
- Taxes: $3,132 (2025)
- Status: Active
- Type: Single Family
- Source: WVMLS
- MLS ID: 841180
- Updated: 5/18/2026
- Added to Site: 1 day(s) ago
Rooms
Bedrooms
- Total Bedrooms: 3
Parking
- Garage Description: None
Location
- County: OUTSIDE 4 COUNTY AREA
- Driving Directions: 99W to East on 2nd St, to South on Davis
School Information
- Elementary School: Sue Buel
- Middle School: Duniway
- High School: McMinnville
Heating & Cooling
- Heating/Cooling: None
Structural Information
- Basement Desc.: Unfinished
- Roof: Composition
- Square Feet: 2,854
- Year Built: 1914
Lot Features
- Lot Size (Acres): 0.19
- Zoning: R4
- Lot Description: 8
Financial Considerations
- Price Per Sq. Ft.: $136.65
- Assessment Year: 1914
- Tax Amount: $3,132
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 8
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Schools
Schools serving 240 SE Davis St
School District:McMinnville School District 40
| Name | Grades | Distance |
|---|---|---|
Sue Buel Elementary 1985 Southeast Davis Street, McMinnville, OR 97128 | K-5 | 0.9 mi |
Duniway Middle School 575 Northwest Michelbook Lane, McMinnville, OR 97128 | 6-8 | 0.8 mi |
Mcminnville High School 615 Northeast 15th Street, McMinnville, OR 97128 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 240 SE Davis St
Date
Details
Price
Change
Source
5/18/2026
Listed
$390,000
137.4%
MLS
8/18/2015
Sold
$164,281
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 240 SE Davis St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,132
6%
$175,883
3%
2024
$2,968
6%
$170,760
3%
2023
$2,802
8%
$165,786
6%
2021
$2,592
-2%
$156,269
-3%
2022
$2,655
2%
$160,957
6%
2021
$2,592
4%
$151,717
3%
2019
$2,501
2%
$147,298
3%
2018
$2,452
4%
$143,008
3%
2017
$2,366
4%
$138,843
3%
2016
$2,282
3%
$134,799
3%
2015
$2,226
6%
$130,874
3%
2014
$2,106
4%
$127,064
3%
2013
$2,034
—
$123,365
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 240 SE Davis St
240 SE Davis St, McMinnville, OR 97128 (MLS# 841180) is a Single Family property with 3 bedrooms and 0 full bathrooms. 240 SE Davis St is currently listed for $390,000 and was received on May 18, 2026. Want to learn more about 240 SE Davis St? Do you have questions about finding other Single Family real estate for sale in McMinnville? You can browse all McMinnville real estate or contact a Coldwell Banker agent to request more information.

