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$2,250,000

  • Sold
  • Sold
  • Multi-Family
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SIGNIFICANT INTEREST. MULTIPLE OFFERS WILL BE REVIEWED TUES FEB 18th. Rare opportunity to purchase a 20 unit apartment complex just 3 blocks from McMinnville's historic downtown 3rd St! 18 two bedroom/one bathroom units and 2 three bedroom/one bathroom units, there is onsite coin operated laundry for tenant use. Buildings will need to be improved, but there is significant potential for rent growth. 0%. vacancy with waitlisted applications. Full basement in one building could be sectioned off for tenant storage, and the 26,419 square foot lot has space to add more parking, or even build an on-site manager dwelling. Buyer to do all due diligence with the city, etc. Apartment square footage to be estimated and updated soon.

Full Property Details for 605 NW Adams St

General

  • Sold For: $2,250,000
  • Taxes: $17,930 (2024)
  • Status: Sold
  • Type: Multi-Family
  • Source: RWMLS
  • MLS ID: 225377294
  • Added to Site: 342 day(s) ago

Rental Information

  • Rent Includes: Electricity, Gas, Maintenance Grounds, Sewer, Trash Collection, Water

Additional Information

  • Security/Safety: None

Parking

  • Total Spaces: 23
  • Parking Features: Assigned

Location

  • County: Yamhill
  • Subdivision: McMinnville MFR 4+
  • Driving Directions: NW Adams

School Information

  • Midd School District: Duniway
  • Elementary School: Memorial
  • Middle School: Duniway
  • High School: McMinnville

Community

  • Community Name: 156 - Yamhill County including Willamina

Heating & Cooling

  • Heating Type: Baseboard
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Basement Desc.: Full Basement
  • Roof: Flat, Membrane
  • Stories/Levels: 2
  • Year Built: 1970
  • Property Condition: Fixer

Lot Features

  • Lot Size (Acres): 0.61
  • Lot Size (Sq. Ft.): 26,571
  • Lot Size: 20, 000 SqFt to .99 Acres
  • Frontage: Paved
  • Lot Features: Corner Lot, Level

Financial Considerations

  • Operating Expenses: $64,044
  • Tax Amount: $17,930.45
  • Tax Year: 2024
  • Terms: Cash

Disclosures and Reports

  • Property ID: 149770

Listed by Bella Casa Real Estate Group (503) 437-9005, Catherine Summers (971) 219-9858
Sold by Non Rmls Broker (503) 236-7657, OR and WA Non Rmls

Listing agent

— 605 NW Adams St —

  • Catherine Summers

    Bella Casa Real Estate Group

    503-437-9005

971-219-9858

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 605 NW Adams St

School District:McMinnville School District 40
NameGradesDistance
Memorial Elementary School
501 Northwest 14th Street, McMinnville, OR 97128
K-50.5 mi
Patton Middle School
1175 Northeast 19th Street, McMinnville, OR 97128
6-81 mi
Mcminnville High School
615 Northeast 15th Street, McMinnville, OR 97128
9-120.6 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 605 NW Adams St

Date
Details
Price
Change
Source
3/27/2025
Sold
$2,250,000
12.5%
MLS
2/14/2025
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Bella Casa Real Estate Group (503) 437-9005, Catherine Summers (971) 219-9858
Sold by Non Rmls Broker (503) 236-7657, OR and WA Non Rmls

Just Listed near 605 NW Adams St

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902 N Adams St, Lafayette, OR 97127 - Photo 1 Just Listed
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902 N Adams St  Lafayette, OR 97127

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1857 N Millican Creek St, Lafayette, OR 97127 - Photo 1 Just Listed
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1857 N Millican Creek St  Lafayette, OR 97127

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210 S 2nd St, Carlton, OR 97111 - Photo 1 Just Listed
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210 S 2nd St  Carlton, OR 97111

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210 S 2nd St, Carlton, OR 97111 - Photo 1 Just Listed
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210 S 2nd St  Carlton, OR 97111

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Listed By: DEBBIE. DAILEY | Realty One Group Willamette Valley and MARK. THOMAS | Realty One Group Willamette Valley

Price Reduced near 605 NW Adams St

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1587 N Millican Creek St, Lafayette, OR 97127 - Photo 1 Price Reduced
-$11,015 (-2.34%)
$459,960
Open House

1587 N Millican Creek St  Lafayette, OR 97127

  • Single Family
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Listed by Holt Homes Realty, LLC, Sarah Clarke and Holt Homes Realty, LLC, Douglas Benson
966 E 15th St, Lafayette, OR 97127 - Photo 1 Price Reduced
-$10,000 (-2.22%)
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966 E 15th St  Lafayette, OR 97127

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  • Updated 1 day ago
  • 3
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    Sq. Ft.
Listed by Premiere Property Group, LLC, Andrew Lavier
1575 N Young St, Lafayette, OR 97127 - Photo 1 Price Reduced
-$10,674 (-2.09%)
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1575 N Young St  Lafayette, OR 97127

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  • 3
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Listed by Holt Homes Realty, LLC, Sarah Clarke and Holt Homes Realty, LLC, Douglas Benson
1565 N Young St, Lafayette, OR 97127 - Photo 1 Price Reduced
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1565 N Young St  Lafayette, OR 97127

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  • 4
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Listed by Holt Homes Realty, LLC, Sarah Clarke and Holt Homes Realty, LLC, Douglas Benson

Recent Sales near 605 NW Adams St

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2300 SE Stratus Ave, McMinnville, OR 97128 - Photo 1 Sold
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2300 SE Stratus Ave  McMinnville, OR 97128

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2320 SE Stratus Ave, McMinnville, OR 97128 - Photo 1 Sold
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13440 SW McCabe Chapel Rd, McMinnville, OR 97128 - Photo 1 Sold
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13440 SW McCabe Chapel Rd  McMinnville, OR 97128

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2000 E Portland Rd, Newberg, OR 97132 - Photo 1 Sold
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2000 E Portland Rd  Newberg, OR 97132

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605 NW Adams St, McMinnville, OR 97128 (MLS# 225377294) is a Multi-Family property that was sold at $2,250,000 on March 27, 2025. Want to learn more about 605 NW Adams 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.