3D tour
$10,000 Closing Credit¹
#24461163, Shannon Howard, Listing Office: Berkshire Hathaway HomeServices NW Real Estate
$2,000,000 List price
605 NW Adams St Mcminnville, OR 97128
$10,000
Closing credit¹
0.6 acres
House
Property details
About 605 NW Adams St
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.
Highlights
Home typeOther
HeatingBaseboard
StatusSale Pending
(Pending)
(Pending)
BasementYes
Lot size0.61 Acres
Year built1970
ParkingAssigned
MLS #225377294
Summary
- MLS Number: 225377294
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Bella Casa Real Estate Group
- Office Phone: (971) 219-9858
- Listing Agent: Catherine Summers
The 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: 3/12/2025, 12:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,000,000
605 NW Adams St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,001,559 | $16,928 |
| 2022 | $972,387 | $16,037 |
| 2021 | $944,065 | $16,037 |
| 2020 | $916,568 | $15,657 |
| 2019 | $889,872 | $15,111 |
| 2018 | $863,953 | $14,812 |
History based on county public records data.
Nearby schools
8
Memorial Elementary School
Public District KG-5
0.4 mi
•501 NW 14th St
5
Newby Elementary School
Public District KG-5
0.5 mi
•1125 NW 2nd St
4
Columbus Elementary School
Public District KG-5
1.2 mi
•1600 SW Fellows St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,215. Typical income of Mcminnville, OR residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
40%
<35k
42%
35k-100k
17%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
17%
Single, with Kids
25%
Married, No Kids
20%
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
21%
18-34 yrs old
37%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Figure Skating
Horse Races
Where do the neighbors shop?
Burlington
Chico's
Stein Mart
Where do the neighbors go to eat?
Church's Chicken
Bob Evans
LongHorn Steakhouse
What do the neighbors drive?
Chevrolet
Oldsmobile
Buick
What do the neighbors listen to?
Urban Adult Contemporary
News
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 605 NW Adams St
This home is located at 605 NW Adams St in Mcminnville, OR and zip code 97128. Features: 0 bathroom. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $2,000,000.
In February 2025 more than 7 listings in Mcminnville, OR were sold above the asking price. During the same period more than 10 listings were sold at asking price, while more than 4 were sold below. The number of listings in Mcminnville, OR remained the same between January and February 2025. Listings spent 89 days on the market in February 2025, and had a median list price of $500,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.