$539,000

525 SW Fellows St Mcminnville, OR 97128

$6,401
Closing credit¹
1,650 sqft
0.2 acres
$327 / sqft
House

Property details

About 525 SW Fellows St

This exceptional triplex, ideally situated in the heart of McMinnville, offers a rare opportunity for investors seeking strong, consistent cash flow. Professionally managed with a long history of great rental performance, this property ensures hassle-free ownership while maximizing returns.Each unit has been updated and well-maintained, attracting quality tenants and maintaining low vacancy rates. The prime location directly across from Linfield University makes it highly desirable for students, faculty and professionals, while its proximity to Michelbook Golf Course and downtown McMinnville adds to its broad tenant appeal.With its proven rental history, strategic location, and professional management, this turn-key investment is an outstanding addition to any portfolio. Don’t miss this chance to own a highly sought-after multifamily property in one of McMinnville’s most desirable neighborhoods!

Highlights

Home typeOther
HeatingBaseboard
StatusActive
Size1,650 sqft
Lot size0.16 Acres
Year built1950
ParkingStreet Parking
MLS #706376167

Summary

  • MLS Number: 706376167
  • MLS Name: Regional Multiple Listing Service, Inc.
  • Office Name: Premiere Property Group, LLC
  • Office Phone: (503) 670-9000
  • Listing Agent: Steve Nassar, Sydney Taggart

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow featuring a front lawn

$539,000

525 SW Fellows St

$6,401

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 31, 2023
Home Sold
$489,000
Feb 07, 2020
Home Sold
$120,000
Jun 22, 1999
Home Sold
$100,000
Apr 02, 1989
Home Sold
$75,000

Tax history

YearAssessmentProperty Tax
2023$205,974$3,481
2022$133,649$2,204
2021$129,756$2,204
2020$125,977$2,152
2019$122,308$2,077
2018$118,746$2,035

History based on county public records data.

Nearby schools

5

Newby Elementary School

Public District KG-5

0.6 mi

1125 NW 2nd St

4

Sue Buel Elementary School

Public District KG-5

0.6 mi

1985 SE Davis St

4

Columbus Elementary School

Public District KG-5

0.7 mi

1600 SW Fellows St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,873. Most Mcminnville, OR residents have annual incomes less than $<35k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

63%
<35k
35%
35k-100k
1%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

54%
Single, No Kids
15%
Single, with Kids
16%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
8%
12-17 yrs old
33%
18-34 yrs old
33%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Pro WrestlingPro Wrestling
  • Horse RacesHorse Races

Where do the neighbors shop?

  • BurlingtonBurlington
  • Stein MartStein Mart
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Cicis PizzaCicis Pizza
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • DodgeDodge
  • PontiacPontiac
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 525 SW Fellows St

This home is located at 525 SW Fellows St in Mcminnville, OR and zip code 97128. This 1,650 square foot home, which was built in 1950, sits on a 0.16 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 19, 2025 and is currently priced at $539,000.

Mcminnville, OR housing market in January 2025 saw over 4 listings sold above listed price, more than 11 sold at listed price and over 7 sold below. The number of homes for sale in Mcminnville, OR decreased by 1.8% between December and January 2025. Listings spent 63 days on the market in January 2025, and had a median list price of $499,266 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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