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Listed by STACEY MCGHEHEY • COLDWELL BANKER PROFESSIONAL GROUP • Cell: 971-237-9306
$390,000
Est. payment /mo
3 Beds
2,854 SqFt
Active
240 Davis St Mcminnville, OR 97128
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Key Details
Property Type Single Family Home
Sub Type Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,854 sqft
Price per Sqft $136
MLS Listing ID 841180
Bedrooms 3
Year Built 1914
Annual Tax Amount $3,132
Tax Year 2025
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Residence
Property Description
Welcome to the higher side of Wine Country. If 420 was a puff too much, the new 390 price is here to spark the munchies. First time on market, this 1914 Historic Registry (Level B) home sits 0.2 mi from Downtown McMinnville and needs full renovation: all plumbing removed, electrical redo needed, baths stripped. Original fir floors, plaster walls, wood windows, vintage cabinets, R4 multifamily zoning, detached garage, new heating unit. Sold AS-IS. Utilities not connected. Welcome to the higher side of Wine Country. If this home was a puff to much at 420, the price adjustment to 390 is here to light things up and trigger the munchies. Located just two blocks from Historic Downtown McMinnville, this 1914 original is on the market for the first time and ready for a full-scale transformation. Think of it as a top-shelf renovation opportunity: all of the plumbing is gone, the electrical system needs a total redo, and the bathrooms are fully stripped it's a true clean slate with zero surprises hiding behind the walls. What remains are the good strains of history: original fir floors, plaster walls, wood windows, and vintage kitchen cabinetry. This home earned its place on McMinnville's Historic Homes Registry (level B), exterior changes require approval, but the architectural soul is already baked in. The seller completed tuck-pointing and installed a new heating unit; air conditioning can be added. The second floor previously housed additional bedrooms, offering future expansion potential with approved plans. Zoned R4 Multifamily, this property opens doors for redevelopment, multi-unit use, or a creative investment strategy. A detached garage provides storage, workshop space, or potential garage conversion. Approximately 0.2 miles to downtown shops, tasting rooms, and restaurants, and about 0.6 miles to Linfield University, with easy access to Highway 99W and nearby parks. Sold strictly AS-IS. Interior conditions may be unsafe - bring caution, vision, and a contractor who's comfortable operating at an elevated level. This isn't just a renovation; it's a slow-burn project with deep roots, strong bones, and plenty of room to rise. Roll up your plans and enjoy the process. Cheers!*Electric, Sewer and Water currently not connected*
Location
State OR
County Yamhill
Area Os Outside 4 County Area
Rooms
Basement Unfinished
Interior
Heating None
Cooling None
Exterior
Parking Features None
Fence Yes
Roof Type Composition
Garage No
Building
New Construction No
Schools
Middle Schools Duniway
High Schools Mcminnville
Others
Senior Community No
Acceptable Financing Cash, Rehab Loan
Listing Terms Cash, Rehab Loan
NEARBY SCHOOL & BUSINESS
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