540 NW 9th St, McMinnville, OR 97128
Local realty services provided by:Knipe Realty ERA Powered
Listed by: stacey mcgheheyCell: 971-237-9306
Office: coldwell banker professional group503-538-0468
MLS#:841185
Source:OR_WVMLS
540 NW 9th St,McMinnville, OR 97128
$744,900
- 5 Beds
- 4 Baths
- 3,971 sq. ft.
- Single family
- Active
Price summary
- Price:$744,900
- Price per sq. ft.:$187.58
About this home
Location, Location, Location! Rare McMinnville property with 3 separate living spaces offering income potential or multi-generational living. Detached 660 SF cottage and lower-level suite currently rented below market. Main home features flexible layout, main-level bedroom, den, fireplace, steam shower/tub, loft, and spacious living areas. Recent updates include roof, windows, exterior paint & large deck. Beautiful .28-acre lot with mature trees, paths & peaceful outdoor spaces. Location, Location, Location - with Built-In Income Potential and Flexible Multi-Generational Living. This rare McMinnville property offers three separate living spaces and a unique opportunity to offset your mortgage while enjoying a spacious and character-filled home. The detached 660 sq ft cottage is currently rented below market and presents immediate upside as it becomes available soon. The lower-level suite provides additional income with an existing tenant in place, offering built-in cash flow from day one and a clear path for future rent growth. The main home welcomes you with a generous and flexible layout, featuring a main-level bedroom, den, and expansive living and dining areas with a cozy fireplace. The eclectic kitchen adds charm, while the main-level bath includes a relaxing steam shower/tub combo. Upstairs, you’ll find two large bedrooms, an additional smaller room, loft space, and a full bathroom ideal for a variety of living arrangements. The basement level functions as a separate living space, complete with its own kitchen, bath, fireplace, studio and storage area perfect for extended living, guests, or supplemental income. Whether you're looking to live in one space and rent the others, accommodate multi-generational living, or gradually increase rental income over time, this property offers a rare combination of lifestyle flexibility and long-term financial opportunity. Recent updates include a new roof, new windows, refreshed exterior paint, and a stunning oversized deck. Set on a beautifully landscaped .28-acre lot with winding paths, mature trees, and peaceful outdoor spaces, the setting feels like a private retreat just minutes from everything McMinnville has to offer. Seller is the Estate of Derek Goad; listing agent is related. Buyer to perform due diligence on all aspects of the property including rental uses and income potential....
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Home facts
- Year built:1950
- Listing ID #:841185
- Added:36 day(s) ago
- Updated:June 24, 2026 at 03:29 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Tile, Wood
- Dining Description:On Level 1
- Kitchen Description:On Level 1, Range Included, Range: Gas
- Bedroom Description:Master Bedroom on Level 1
- Basement Description:Finished
- Living area:3,971 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric, Floor Furnace, Gas, Radiant Floor, Stove
Structure and exterior
- Roof:Composition
- Year built:1950
- Building area:3,971 sq. ft.
- Lot area:0.28 Acres
- Architectural Style:Tri-Level
- Construction Materials:Brick, Cedar
- Exterior Features:Deck, Patio
Schools
- High school:McMinnville
- Middle school:Duniway
- Elementary school:Memorial
Utilities
- Water:City
- Sewer:City Sewer
Finances and disclosures
- Price:$744,900
- Price per sq. ft.:$187.58
- Tax amount:$5,165 (2025)
Features and amenities
- Amenities:Area/Room For RV, Gas Water Heater
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