Date
Details
Price
Change
Source
8/06/2026
Listed
$645,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$645,000
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1/18
Property Description
Seller financing available with sufficient down payment. Fully leased 1,903 SF Victorian - 4 bedrooms, 2 baths, two full kitchens, and a fourth bedroom with wet bar that lets the floor plan divide cleanly into two independent living areas. Flexible O-R zoning keeps the other doors open: professional office, live-work, duplex, or extended corporate stays of 30 days or more. Four off-street parking spaces, a rarity this close to Third Street. The building sits high on a corner lot two blocks from Third Street, two from the Yamhill County Courthouse, and two from the Granary District - with the elevation and frontage that make a building get noticed. Built in 1920, its turn-of-the-century detail has been carefully preserved. A single tenant currently leases the entire space and pays all utilities. Buy the income, or step into it yourself.
Full Property Details
Full Property Details for 707 NE 5th St
General
- Price: $645,000
- Taxes: $4,295
- Status: Active
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 194219145
- Updated: 10/9/2026
- Added to Site: 68 day(s) ago
Rental Information
- Rent Includes: Maintenance Grounds
Location
- County: Yamhill
- Driving Directions: Head East on NE Third St., turn North on NE Galloway, Corner of Galloway & NE 5th St
School Information
- Elementary School: Memorial
- Middle School: Patton
- High School: McMinnville
Community
- Community Name: 156 - Yamhill County including Willamina
Heating & Cooling
- Heating Type: Forced Air
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Square Feet: 1,906
- Year Built: 1920
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size: 3, 000 to 4, 999 SqFt
Financial Considerations
- Operating Expenses: $7,000
- Tax Amount: $4,295.08
- Terms: Cash, Contract, Conventional, FHA, Owner Will Carry
Disclosures and Reports
- Legal Description: SEE METES & BOUNDS
- Property ID: 159269
Listed by Constant Commercial Real Estate Inc (503) 222-0282, Cory Carlson (503) 222-0282
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Listing agent
— 707 NE 5th St —
Cory Carlson
Constant Commercial Real Estate Inc
503-222-0282
503-222-0282
NMLS#: 1598647
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Schools
Schools serving 707 NE 5th St
School District:McMinnville School District 40
| Name | Grades | Distance |
|---|---|---|
Memorial Elementary School 501 Northwest 14th Street, McMinnville, OR 97128 | K-5 | 0.7 mi |
Patton Middle School 1175 Northeast 19th Street, McMinnville, OR 97128 | 6-8 | 0.8 mi |
Mcminnville High School 615 Northeast 15th Street, McMinnville, OR 97128 | 9-12 | 0.5 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 707 NE 5th St
Tax History
Tax History for 707 NE 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,295
6%
$241,206
3%
2024
$4,070
6%
$234,181
3%
2023
$3,843
8%
$227,360
6%
2021
$3,554
-2%
$214,309
-3%
2022
$3,641
2%
$220,738
6%
2021
$3,554
110%
$208,067
108%
2019
$1,692
-45%
$99,795
-45%
2018
$3,104
4%
$181,030
3%
2017
$2,996
4%
$175,757
3%
2016
$2,889
3%
$170,638
3%
2015
$2,818
28%
$165,669
24%
2014
$2,199
8%
$133,130
7%
2013
$2,043
—
$124,483
—
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 707 NE 5th St
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- Single Family
- Active
- Updated 13 hours ago
- 3Beds
- 2Total Baths
- 1,372Sq. Ft.
Listed by The Agency Portland, Ilana Frey
- Lots/Land
- Active
- Updated 5 days ago
- 46.63Acres
Listed By: BRETT. VEATCH | Berkshire Hathaway Homeservices Northwest Real Estate
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 3,112Sq. Ft.
Listed by eXp Realty, LLC, Linda Lindsay and eXp Realty, LLC, Anita Borgaes
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 1,988Sq. Ft.
Listed By: NICK. SHIVERS | Exp Realty, Llc and MATTHEW. UMBERGER | Exp Realty, Llc
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- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 2Total Baths
- 1,766Sq. Ft.
Listed by Lennar Sales Corp, Anastasia Gordeev
- Single Family
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,306Sq. Ft.
Listed by Lennar Sales Corp, Anastasia Gordeev
- Single Family
- Active
- Updated 6 days ago
- 2Beds
- 2Total Baths
- 1,306Sq. Ft.
Listed by Lennar Sales Corp, Anastasia Gordeev
- Single Family
- Active
- Updated 6 days ago
- 2Beds
- 2Total Baths
- 1,306Sq. Ft.
Listed by Lennar Sales Corp, Anastasia Gordeev
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- Single Family
- Sold
- 3Beds
- 2Total Baths
- 2,344Sq. Ft.
Listed by Real Broker, Katharine Granum and Real Broker, Sheila Gray
Sold by Allegiant Realty Group, David Antinucci
Sold by Allegiant Realty Group, David Antinucci
- Single Family
- Closed
- 4Beds
- 4Total Baths
- 2,746Sq. Ft.
Listed By: BARB. NORRIS | Redfin
Sold by LEANNE. CRAY | Allegiant Realty Group
Sold by LEANNE. CRAY | Allegiant Realty Group
- Single Family
- Sold
- 4Beds
- 3Total Baths
- 2,746Sq. Ft.
Listed by Redfin, Barbara Norris
Sold by Allegiant Realty Group, LeAnne Cray
Sold by Allegiant Realty Group, LeAnne Cray
- Single Family
- Sold
- 3Beds
- 2Total Baths
- 1,713Sq. Ft.
Listed by Berkshire Hathaway HomeServices NW Real Estate, Shannon Howard
Sold by Sixel Real Estate, Kit Sixel
Sold by Sixel Real Estate, Kit Sixel
707 NE 5th St, McMinnville, OR 97128 (MLS# 194219145) is a Multi-Family property with 0 units containing 0 bedrooms and 0 full bathrooms. 707 NE 5th St is currently listed for $645,000 and was received on August 06, 2026. Want to learn more about 707 NE 5th 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.