715 NE 5TH ST, McMinnville, OR 97128

$485,000
4
BD
2
BA
2,520
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$485,000
Price Change
▼ $14,000 1789009668
Days on Market
113
Status
ACTIVE
MLS#
739787462
Bedrooms
4
Bathrooms
2
Living Area
2,520
Lot Size
5, 000 to 6, 999 SqFt
Region
Yamhill County including Willamina

Property Description

Incredible opportunity! HISTORIC DOWNTOWN OPPORTUNITY WITH FLEXIBLE BUSINESS ZONING. Located just blocks from downtown McMinnville. Full of character and timeless appeal, this property offers the unique opportunity of Business/Residential zoning, which allows for a variety of potential uses, including operating a VRBO without additional city approval (Buyer to verify with the city) and /or using for office space or both. Whether you're looking for a residence, investment property, short-term rental or space for your business this property offers endless possibilities. The main level boasts a large living & dining area with a charming window seat, high ceilings, many windows offering abundant natural light, plus a cozy multipurpose den/office. Bright open kitchen with generous storage. The main floor also includes a bedroom and updated bathroom with marble floors and a shower/tub combo, and laundry room with a utility sink. The upper level is a unique feature of this property, accessible by a private entrance. Upstairs includes a full kitchen, three additional rooms, and a full bathroom - offering potential for use as a separate apartment, extended living area, or business space. Large unfinished basement with nearly 1000 sq. ft. of additional space. Good sized fenced backyard, patio and covered front and back porches, perfect for entertaining. Additionally, there is a converted garage with heat and electric which offers a great flex space. New furnace and heat pump in 2024, updated electrical panel, updated windows throughout. Buyer to do due diligence on zoning.

Additional Information

Tax Amount
$2,852
Year Built
1913
High School
McMinnville
Elementary School
Memorial
Middle School
Patton
Garage Type
Converted
Acres
0.14
Living Area
2,520
Stories
3
Property Type
Single Family Residence
Terms
Cash, Conventional, VA Loan
Master Bedroom Level
Main
Cooling Description
Heat Pump
Fireplace Description
Stove
Fuel Description
Electricity
Heating Description
Forced Air, Heat Pump
Hot Water Description
Electricity
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
Style
Craftsman
Parking
Driveway, On Street
Parking Description
Driveway, On Street
Road Surface
Paved
Exterior Features
Patio, Porch, Raised Beds, Storm Door(s), Tool Shed, Yard
Interior Features
Furnished, Granite, High Ceilings, Laundry, Marble, Wall to Wall Carpet, Washer/Dryer
Kitchen Appliances
Dishwasher, Free-Standing Range, Free-Standing Refrigerator, Granite, Microwave

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Baker Street Real Estate, LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.