989 SW ORIOLE ST McMinnville, OR97128

$494,000
2 total units
4 total bedrooms
4 total bathrooms
$30,540 annual income
Capitilization Rate: 5.24
2300 total sq. ft
7,000 to 9,999 SqFt
Elementary School: Columbus
Middle School: Duniway
High School: McMinnville
Zoning: Duplex
1146 days on market

VestorFilter™

Price per unit$247K/unit
Price per ft²$214.78/ft²
Price per acre$3M/ac
Price per bedroom$123.5K/bed
Time on market1146 days

Property Description

Welcome to McMinnville and this great duplex with positive cash flow from Day 1! Gross rent multiplier 16.34 with upside on rents. Two bedrooms, one and a half baths, one car garage. Possible owner occupied with one unit being mo.-mo. Well maintained and great location next to single family homes.New roof in 2016, Fence replaced in 2011, Hardi-Plank siding installed in 2007. Please do not disturb tenants and no sign on property. Pictures from unit 993 with new carpet.

{{ compliance-logo }}Listing Provided By John L Scott Portland SW

Financial Data

Date Sold2021-07-21
Sold Price$494,000
Original Price$499,000
Current Price$494,000
Property Taxes$3,292

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Home Facts

StatusSold
Year Built1995
Stories2
Exterior Features
MLS ID21493561

Unit Details

Unit 1
Unit 2