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Pending
  • $400,000

    547 SE Cowls St, McMinnville, OR 97128

    2beds
    1,022sqft
    : 
    Multi Family
    Built in 1948
    -- sqft lot
    $-- Zestimate®
    $391/sqft
    $-- HOA

    What's special

    Backyard shedsInterior and exterior paintPaved off street parkingNewer roof
    Charming 1948, 2 unit home in the heart of McMinnville, close to Linfield University, and just blocks away from McMinnville's historic Third Street and award winning wineries and restaurants. Located in a quiet, walkable neighborhood near parks, cafes, and transit, this well kept investment opportunity has a newer roof, flooring (carpet and vinyl) and interior and exterior paint. Long term and stable tenants. Includes two backyard sheds for tenant storage, and paved off street parking for 2 cars. New window A/C in both units. Excellent opportunity for first-time buyers or experienced rental investors alike. Don't pass up this opportunity to pick up an occupied rental investment and begin building or add to your portfolio!
    31 days
    on Zillow
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    888
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    55
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    Zillow last checked: 7 hours ago

    Listing updated: August 14, 2025 at 12:14am

    Listed by:

    Catherine Summers 971-219-9858,

    Bella Casa Real Estate Group

    Source: RMLS (OR),MLS#: 252811727MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Baseboard
    Cooling
    • Window Unit(s), Air Conditioning
    Appliances
    • Included: Range, Refrigerator, Washer/Dryer, Electric Water Heater
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 1,022
    • Total interior livable area: 1,022 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Open, Paved
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Has view: Yes
    • View description: Park/Greenbelt
    Lot
    • Size: 5,662.8 Square Feet
    • Features: Level, SqFt 5000 to 6999
    Details
    • Parcel number: 164495
    • Zoning: R4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Existing
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected

    Community & HOA

    Location
    • Region: Mcminnville

    Financial & listing details

    • Price per square foot: $391/sqft
    • Tax assessed value: $254,111
    • Annual tax amount: $2,416
    • Date on market: 7/31/2025
    • Cumulative days on market: 31 days
    • Listing terms: Cash,Conventional,FHA
    • Total actual rent: 2110
    • Road surface type: Paved
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