540 NW 9TH ST, McMinnville, OR 97128

$699,900
5
BD
4
BA
3,971
SqFt

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List Price
$699,900
Price Change
▼ $30,000 1785467617
Days on Market
100
Status
ACTIVE
MLS#
597861007
Rent
1250
Bedrooms
5
Bathrooms
4
Living Area
3,971
Lot Size
10, 000 to 14, 999 SqFt
Region
Yamhill County including Willamina

Property Description

New price under $700K! Three living spaces, immediate rental opportunity, and endless flexibility in one of McMinnville’s most desirable neighborhoods. This rare property offers a spacious main home, a lower-level suite with tenant in place, and a detached 660 SF 1 bed/1 bath cottage that is now vacant and ready for its next chapter.Live in one space and rent the others, create multi-generational living, or use the cottage as guest quarters, private office, or potential market-rate rental. The lower-level suite offers its own kitchen, bath, fireplace, studio space, and private living area, providing income from day one.The main home offers over 2,051 SF of flexible living space with a main-level bedroom, den, expansive living and dining rooms with fireplace, an eclectic kitchen full of character, and a relaxing steam shower/tub combination. Upstairs features two generous bedrooms, an additional bedroom, loft space, and a full bathroom.Set on a beautifully landscaped .28-acre lot, the outdoor setting feels like a private retreat with mature trees, winding garden paths, lush landscaping, cozy sitting areas, and an expansive deck for entertaining or quiet evenings outdoors.Recent improvements include a new roof, new windows, refreshed exterior paint, and an oversized deck. Whether you are looking to offset your mortgage, accommodate extended family, or create long-term income potential, this property offers a rare combination of lifestyle, location, and opportunity.Seller is the Estate of Derek Goad. Listing agent is related to the seller. Buyer to perform due diligence regarding rental uses and income potential.

Additional Information

Tax Amount
$5,165
Year Built
1950
High School
McMinnville
Elementary School
Memorial
Middle School
Duniway
Fireplaces Total
2
Garage Type
Carport
Acres
0.28
Living Area
3,971
Stories
3
Property Type
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Master Bedroom Level
Main
Cooling Description
None
Fireplace Description
Gas, Wood Burning
Fuel Description
Electricity, Gas
Heating Description
Baseboard, Gas Stove, Radiant
Hot Water Description
Gas
Exterior Description
Brick, Cedar
Roof Type
Composition, Metal
Sewer Description
Public Sewer
Style
Mid-Century Modern, Tri Level
Parking
Carport, Driveway
Parking Description
Carport, Driveway
Road Surface
Paved
Exterior Features
Accessory Dwelling Unit, Deck, Porch, Yard
Interior Features
3rd Floor, Accessory Dwelling Unit, Hardwood Floors, Separate Living Quarters/Apartment/Aux Living Unit, Washer/Dryer
Kitchen Appliances
Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood, Tile

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Professional.

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