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$471,000   Price Analysis
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1105 SE Rummel St
McMinnville, OR 97128
4 bed 2 bath 1,806 SqFt ($260/SqFt)
0.23 acre lot. Built 1978
Listed 2024-04-16, Taxes $3,734
USDA Eligible
near McMinnville, OR
 

2 BD

* No Longer For Sale *
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1 BA units close to Linfield. Great rental history. Contemporary roof 2022, new siding and xt.

paint 2021. Both tenants would like to stay. 24 hr. notice to show. Large , fenced yards.


Presented by Lori Goodwin at
Willcuts Company Realtors.


Property MLS #24496717 from RMLS

Bedrooms: 4

Full Bathrooms: 2

Heating Features: WallHeater
Water Heaters: Electricity

Basement Description: CrawlSpace

Lot Description: Level
Lot Size Acres: 0.23
Lot Size Square Feet: 10018

Garage Spaces: 2
Parking Features: Driveway, Garage

Road Surface Type: Concrete, Paved

Gross Income: 35880

Number of Units: 2
Unit Type: UnitTypeType1
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 1

High School: McMinnville
Middle School: Patton

Sue Buel Elementary is a public elementary school located approximately 0.5 miles away.
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Mcminnville High School is a public high school located approximately 1.3 miles away.
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Patton Middle School is a public middle school located approximately 1.5 miles away.
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Mcminnville Montessori School is a private elementary school located approximately 0.5 miles away.
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LotSizeRange: SqFt10000to14999
Annual Tax Amount: 3941.659999999
Source Listing Status: Closed
County: Yamhill
Cap Rate: 6.67
Directions: South on Ford, Right on Storey, Right on Rummel
Tax Year: 2023
Source Property Type: MultiFamily
Parcel Number: 169294
Zoning: R3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$226,408
$3,734
2021$unknown + $unknown
$219,814
$3,645
2020$unknown + $unknown
$213,412
$3,616
2019$unknown + $unknown
$207,196
$3,518
2018$unknown + $unknown
$201,161
$3,448
2017$unknown + $unknown
$195,302
$3,328
2016$unknown + $unknown
$189,614
$3,209
2015$unknown + $unknown
$184,093
$3,131
2014$unknown + $unknown
$178,733
$2,962
2013$unknown + $unknown
$173,529
$2,860
2012$unknown + $unknown
$168,476
$2,790
2011$122,963 + $40,607
$163,570
$2,714

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Net Operating Income: 31939
Operating Expense: 1200

Year Built: 1978
Building Area Total: 1806
Building Exterior Type: WoodComposite
Foundation Details: ConcretePerimeter
Property Age: 46
Property Condition: UpdatedRemodeled
Roof: Composition
Levels or Stories: 1

Sewer: PublicSewer
Water Source: PublicWater

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.