Iraida B. Hermann, MBA

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Listing provided courtesy of MORE Realty- MLS# 507920270MLS ProviderContact Information: 503-939-7481

547 SW FELLOWS STMcMinnville, OR 97128

Multi-Family · 0.49 Acres
$3,500,000 Active

547 SW FELLOWS ST Overview

Time on Site:
24 days
Visits:
0

A very rare chance to own a 13 unit apartment complex. 4 of the units are 3 bedroom and 2 bath at approximately 1200 sq foot.9 units are 2 bed 1 bath approximately 800 sq ft.Many updates have been done including new fence and roof. Rents are not close to market rents and property has had 100% occupancy most of the time. Seller to do 1031 exchange at no cost to buyer. Internal inspection after mutual accepted offer.Laundry room on site.

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547 SW FELLOWS ST Facts & Features

  • Type Multi-Family
  • Lot 0.49 Acres

Details

General

School Information

  • Elementary School: Columbus
  • Middle Or Junior School: Duniway
  • High School: McMinnville

Income/Expenses

  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1970

Location/Region

  • Country: US
  • County Or Parish: Yamhill
  • MLS Area Major: 156 - Yamhill County including Willamina

Rent/Lease Information

  • Rent Includes: Trash Collection

Tax Information

  • Tax Annual Amount: 16052.49
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional,Other,Owner Will Carry
  • Parcel Number: 155174
  • Property Condition: Approximately
  • Property Type: Multi Family
  • Zoning: C

Interior

General Information

  • Basement: Crawl Space
  • Foundation Details: Block
  • Heating: Baseboard
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Driveway,Off Street
  • Parking Total: 18.0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.49
  • Lot Size Square Feet: 21344.0
  • Road Surface Type: Concrete,Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 13
  • Sewer: Public Sewer

547 SW FELLOWS ST Neighborhood

Community

97128 (McMinnville) Demographics

40
Median Age
358
Population Density (per sq. mile)
37%
College Educated
$54,983
Estimated Median Income
9,374
Estimated Total Home Owners
5,015
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

547 SW FELLOWS ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

547 SW FELLOWS ST Market Data

Based on the last 30 days in this zip code

$612,966
Average List Price
$297
Average Price per Square Foot
50
Properties Sold
94
Average Days on Market
250
Properties for Sale
Calculations provided by Reliance Network

547 SW FELLOWS ST History

Date Event Value Agent
6/5/2026Source: Regional MLS Added to Database
June 05, 2026