NOT LISTED FOR SALE

711 SE Ford St McMinnville, OR 97128

12 Beds
6 Baths
6,600 Sq Ft
1970 Built

Last Sold August 11, 2022

Last sale price $1,350,000 $205 Per Sq Ft

Highlights

  • ENERGY STAR Qualified Water Heater
  • McMinnville High School Rated 9+
  • Washer and Dryer

About This Home

As of August 2022

Granite Apartments is a six-unit apartment complex in McMinnville. All apartments are spacious, beautifully updated two-bedroom townhomes located within walking distance of Linfield College. Units include in-unit washer/dryer, new laminate flooring, and stainless steel appliances. The asset's 2018 remodel included new windows, siding, paint, and roof. Tenants have 2.3 parking spots per townhome. This is a fantastic investment with in-place management is achieving market-leading rents.

Last Agent to Sell the Property

Matt Murray

Cascade Hasson Sotheby's International Realty License #201244271 Listed on: 03/17/2022

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Cho-Chen Folwick

MORE Realty License #201214573

MORE Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970 | Remodeled

Interior Spaces

  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Utilities

  • ENERGY STAR Qualified Water Heater

Community Details

  • 6 Units

Listing and Financial Details

  • Rent includes electricity, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 6600
  • Stories: 2
  • Year Built: 1970
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PORTION OF BLOCK 2 IN MRS P W CHANDLER'S FIRST ADDITION

Exterior Features

  • Lot Size: 7K-9,999SF
  • Roof Type: Composition

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, ENERGY STAR Qualified Equipment
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Wall Furnace

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer

Lot Info

  • Zoning: R4

Rental Info

  • Rent Includes: Electricity, Sewer, Water

Tax Info

  • Tax Amount: 6182.56
  • Assessor Parcel Number: 163566
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6
  • Number Of Units Total: 6
  • Gross Rent Multiplier: 14.02

MLS Schools

  • Elementary School: Buel
  • High School: McMinnville
  • Middle School: Patton

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2022 08/11/22 Sold $1,350,000 0.0% $205 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $1,350,000 +43.6% $205 / Sq Ft
04/15/2019 04/15/19 Sold $940,000 -10.5% $142 / Sq Ft View Prior Sale
03/26/2019 03/26/19 Pending -- -- --
03/02/2019 03/02/19 For Sale $1,050,000 -- $159 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22584923

Regional Multiple Listing Service (RMLS)