206 NE Johnson St

McMinnville, OR 97128
  • $949,000

    Price
  • 6

    Bed
  • 3

    Bath
  • 1,953

    SqFt

About the Listing ORFT33 - CHLUMAKE,CHLUMAKM

Turnkey Short Term Rental Triplex! Peak Season Begins in May - Buy today and host tomorrow! This is a rare opportunity to own a triplex with 3 fully furnished 2 bed/1 bath units, currently operating as successful short-term rentals.This income producing property features three single-level units, each offering 2 bedrooms and 1 bathroom, along with six off-street parking spaces. Every unit includes a private patio, in-unit washer and dryer, and new ductless heating and cooling systems for year-round comfort. All furniture, linens, kitchen supplies, and appliances are included, making this a truly turnkey investment ready for immediate operation. The low maintenance yard and exterior help keep ownership simple, while C3 zoning allows for a variety of uses. With peak season running May through October, the timing is ideal for capturing immediate STR income. Units A & C have demonstrated strong performance with 100+ five-star reviews. Unit B has only just been renovated and is now ready to rent. Recent updates include new heating and air conditioning systems, water heaters, appliances, and fresh interior paint, further enhancing the property's value and ease of ownership. Inquire with your CPA about a potential tax advantage of a cost segregation study!

Listing Highlights

Status Active
Days on Site 6
Property Type Multi-Family
MLS ® 785094065
Year Built 1972
Total Square Footage 1,953
Lot/Acreage 0.15
County Yamhill
Elementary School Buel
Middle School Patton
High School McMinnville

Interior Details

  • Bedrooms: 6
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond: Heat Pump,MiniSplit
  • Heating: Ductless,Mini Split,Zoned
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Crawl Space
  • Other:
  • Water: Public Water

Exterior Details

  • Lot Description: Corner Lot,Level
  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Lot Dimensions: 6,482 Square Feet
  • Zoning: C-3
  • Roof: Composition
  • Others: Updated/Remodeled
  • Sewer: Public Sewer
  • Parking Features: Driveway

Financial Details

  • Tax Amount: $5,356
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 162273
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

206 NE Johnson St McMinnville, OR 97128

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Originating MLS: Regional Multiple Listing Service, Inc.

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