2034 SW Fellows St - Multi-Family FOR SALE


McMinnville, OR 97128
$577,000 USD
503-222-0282
2034 SW Fellows St, McMinnville, OR for Sale
$577,000 USD
Multi-Family - FOR SALE
1/22
null | Request Cap Rate

2034 SW Fellows St
McMinnville, OR 97128


OVERVIEW

Pride-of-ownership duplex in a sought-after McMinnville southwest neighborhood. This two-story duplex offers 2 bed / 1.5 bath per side at approximately 1,050 SF each, totaling ~2,100 SF. Both units feature an attached garage, oak cabinetry, full appliance package, and generous bedroom closets. The vacant unit has been freshly updated with new LVP flooring throughout the main level and is move-in ready for an owner-occupant or new tenant. The right unit is occupied by a long-term tenant, providing immediate cash flow from day one. Out back, both units feature a large, fully fenced yard with a concrete patio, sliding glass door access, a stone fire pit, and a lush established lawn — rare outdoor space for a duplex. No HOA. Built in 1996 and meticulously cared for. Located minutes from Linfield University, downtown McMinnville, and the heart of Willamette Valley wine country. House-hack your way into homeownership or hold both units as a long-term income property.

FOR SALE DETAILS

PRICE

$577,000 USD

PRICE/SF

$275 USD /SF

# OF UNITS

2

PRICE/UNIT

$288,500

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2034-2048 SW Fellows

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1996

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R2

APN/PARCEL ID

R4419DC 08232

ASK ABOUT THIS PROPERTY

Cory CarlsonConstant Commercial Real Estate IncMore Info
503-222-0282

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Cory CarlsonConstant Commercial Real Estate IncMore Info
503-222-0282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.