# 507 NE DAVIS St, McMinnville, OR 97128

> **TL;DR:** 9bd/6ba residential multi family, $1,330,000 ($249/sqft), built 1940, 5,350 sqft.
> EV Charger, View, A/C. Est. $5,763/mo. Listed 188 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,330,000 |
| Price/sqft | $249 |
| Bedrooms | 9 |
| Bathrooms | 6 full |
| Square Feet | 5,350 |
| Year Built | 1940 |
| Lot Size | 7,841 sqft (0.18 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 188 |

## Why This Home Stands Out

- **Views** - City
- **EV Charger** - Electric vehicle ready

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,763 |
| **Total** | **$5,763** |

## Nearby Schools

- **Elementary:** Memorial
- **Middle:** Patton
- **High:** McMinnville

## Key Amenities

- EV Charger
- View
- A/C

## Property Highlights

- Built in 1940
- 0.18 acre lot
- 2 stories

## Description

### Agent Description
Prime Investment Opportunity in the Heart of Historic McMinnville! Located just steps from McMinnville's charming downtown, this beautifully updated multi-unit property offers the perfect blend of historic character, modern upgrades, and strong income potential. Walk score of 92. With unbeatable proximity to restaurants, shops, tasting rooms, and local attractions, this is truly a gem in one of Oregon's most vibrant communities. The property features five uniquely designed apartments, two of which are successful short-term rentals with a proven track record of income. Each unit showcases custom finishes, stylish wallpaper, fresh paint, updated window coverings, and newly renovated kitchens and bathrooms in four of the units. Comfort is key with new ductless heat pumps installed throughout. The basement offers potential-currently set up as a shared common space with a kitchen, it could easily be transformed into private storage lockers for tenants or wine lockers for guests. Additional perks include updated wiring for an EV charging station, appealing to tenants and travelers alike. Whether you're looking to expand your investment portfolio or step into a thriving short-term rental market, this property offers location, charm, and versatility all in one.

## Location

- **Address:** 507 NE DAVIS St, McMinnville, OR 97128
- **County:** Yamhill
- **Coordinates:** 45.211699, -123.195846
- **Google Maps:** https://www.google.com/maps?q=45.211699,-123.195846

## Listing Agent

- **Name:** Brielle Houston
- **Brokerage:** Bella Casa Real Estate Group
- **Phone:** 9712419647
- **Email:** brielle@thebellacasagroup.com

## Primary Photo

![507 NE DAVIS St - Primary Photo](http://lh.rdcpix.com/13039a330e815a5d23c4736726975e09l-f740495925r.jpg)

*41 total photos available on [listing page](https://www.propertysimple.com/listing/507-ne-davis-st-mcminnville-or-97128-62186389)*

---

**MLS#:** 262186389 | **Updated:** 2026-04-23
**Source:** listhub

*Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/507-ne-davis-st-mcminnville-or-97128-62186389)

---

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