715 NE 5th St, McMinnville, OR 97128
Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by: trisha house, jessica love
Office: baker street real estate, llc.503-472-0576
MLS#:739787462
Source:PORTLAND
Price summary
- Price:$499,000
- Price per sq. ft.:$198.02
About this home
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....
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Home facts
- Year built:1913
- Listing ID #:739787462
- Added:95 day(s) ago
- Updated:August 25, 2026 at 11:33 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Dishwasher, Free Standing Range, Free Standing Refrigerator, Granite, Microwave
- Basement Description:Full Basement
- Living area:2,520 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Forced Air, Heat Pump
Structure and exterior
- Roof:Composition
- Year built:1913
- Building area:2,520 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Level
- Architectural Style:Craftsman
- Exterior Features:Patio, Porch, Raised Beds, Storm Door, Tool Shed, Yard
- Foundation Description:Concrete Perimeter
- Levels:3 Stories
Schools
- High school:McMinnville
- Middle school:Patton
- Elementary school:Memorial
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$499,000
- Price per sq. ft.:$198.02
- Tax amount:$2,852 (2025)
Features and amenities
- Laundry features:Washer/Dryer
- Amenities:Double Pane Window(s), High Ceilings, Laundry, Vinyl Frame Windows, Wall To Wall Carpet
Parking
- Parking description:Driveway, On street
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