Date
Details
Price
Change
Source
2/09/2026
Listed
$399,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$399,900
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1/18
Property Description
Investor special with immediate cash flow! This rare two bedroom, one bathroom duplex opportunity features two detached homes on a single tax lot, offering the privacy of single-family residences with the income potential of a multi-family investment. Ideally located just blocks from the Public Library, City Park, and the shops and dining of Historic Downtown McMinnville, this property combines a prime walkable location with strong rental appeal. A great value-add or hold opportunity for investors seeking steady returns in a desirable area. Buyer to do own due diligence on the possibility of splitting the lot into 2x single family homes under Oregon's middle housing bill.No need to worry about capital expenses as the roof (2016) was recently replaced and the water heaters are in good condition. Renters on month-to-month.
Full Property Details
Full Property Details for 505 NW Fenton St
General
- Price: $399,900
- Taxes: $2,546
- Status: Active
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 494455155
- Updated: 2/27/2026
- Added to Site: 21 day(s) ago
Rental Information
- Rent Includes: None
Location
- County: Yamhill
- Driving Directions: 505 NW Fenton St, McMinnville, OR 97128
School Information
- Elementary School: Newby
- Middle School: Duniway
- High School: McMinnville
Community
- Community Name: 156 - Yamhill County including Willamina
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Roof: Composition
- Year Built: 1972
- Property Condition: Approximately
Lot Features
- Lot Size: 7, 000 to 9, 999 SqFt
Financial Considerations
- Tax Amount: $2,546.46
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: LOT 3 - BLOCK 1 IN MAYNARD'S SUBDIVISION
- Disclosures/Reports: Disclosure
- Property ID: 152364
Listed by Epique Realty (503) 819-9191, John Laney (503) 217-4229
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Listing agent
— 505 NW Fenton St —
John Laney
Epique Realty
503-819-9191
503-217-4229
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 505 NW Fenton St
School District:McMinnville School District 40
| Name | Grades | Distance |
|---|---|---|
Newby Elementary School 1125 Northwest 2nd Street, McMinnville, OR 97128 | K-5 | 0.1 mi |
Duniway Middle School 575 Northwest Michelbook Lane, McMinnville, OR 97128 | 6-8 | 0.2 mi |
Mcminnville High School 615 Northeast 15th Street, McMinnville, OR 97128 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 NW Fenton St
Tax History
Tax History for 505 NW Fenton St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,546
6%
$143,006
3%
2024
$2,413
6%
$138,841
3%
2023
$2,278
8%
$134,797
6%
2021
$2,107
-2%
$127,059
-3%
2022
$2,158
2%
$130,871
6%
2021
$2,107
4%
$123,358
3%
2019
$2,034
2%
$119,765
3%
2018
$1,994
4%
$116,277
3%
2017
$1,924
4%
$112,890
3%
2016
$1,855
2%
$109,602
3%
2015
$1,810
6%
$106,411
3%
2014
$1,713
4%
$103,313
3%
2013
$1,654
—
$100,305
—
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 505 NW Fenton St
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,471Sq. Ft.
Listed by Willcuts Company Real Estate, Zach Bernards
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- Updated 4 days ago
- 3Beds
- 1Total Bath
- 1,024Sq. Ft.
Listed by Willcuts Company Real Estate, James Willcuts
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- Condo / Townhouse
- Sold
- 2Beds
- 1Total Bath
- 902Sq. Ft.
Listed by Willcuts Company Real Estate, Zach Bernards
Sold by MORE Realty Inc, Llanette Sanchez
Sold by MORE Realty Inc, Llanette Sanchez
- Condo / Townhouse
- Sold
- 3Beds
- 2Total Baths
- 1,413Sq. Ft.
Listed by MORE Realty, Patty Hopper
Sold by All Professionals Real Estate, Lee Morris
Sold by All Professionals Real Estate, Lee Morris
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- 2Beds
- 1Total Bath
- 1,016Sq. Ft.
Listed by Redfin, Justin Bradley
Sold by Janel Huntley Realty, Scott Woods
Sold by Janel Huntley Realty, Scott Woods
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- 2Total Baths
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Listed by Baker Street Real Estate, LLC, Stacy Martin and Baker Street Real Estate, LLC, Joyce Lowry
Sold by Bella Casa Real Estate Group, Debra Johnson
Sold by Bella Casa Real Estate Group, Debra Johnson
505 NW Fenton St, McMinnville, OR 97128 (MLS# 494455155) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 505 NW Fenton St is currently listed for $399,900 and was received on February 09, 2026. Want to learn more about 505 NW Fenton St? Do you have questions about finding other Multi-Family real estate for sale in McMinnville? You can browse all McMinnville real estate or contact a Coldwell Banker agent to request more information.