206 NE JOHNSON ST, McMinnville, OR 97128 | MLS #785094065 | Berkshire Hathaway HomeServices Northwest Real Estate
 
Listing provided courtesy of Oregon First- MLS# 785094065MLS Provider

206 NE JOHNSON STMcMinnville, OR 97128

Multi-Family · 1,953 Sq. ft. | 0.15 Acres
$899,900 Active

206 NE JOHNSON ST Overview

Time on Site:
111 days
Visits:
21

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!

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206 NE JOHNSON ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,953
  • Price/Sq.ft. $461
  • Lot 0.15 Acres

Details

General

School Information

  • Elementary School: Buel
  • Middle Or Junior School: Patton
  • High School: McMinnville

Income/Expenses

  • Gross Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1972

Location/Region

  • Country: US
  • County Or Parish: Yamhill
  • MLS Area Major: 156 - Yamhill County including Willamina

Rent/Lease Information

  • Rent Includes: None

Tax Information

  • Tax Annual Amount: 5356.38
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 162273
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: C-3

Interior

Building Interior

  • Building Area Total: 1953.0

General Information

  • Basement: Crawl Space
  • Cooling: Heat Pump,Mini Split
  • Foundation Details: Concrete Perimeter
  • Heating: Ductless,Mini Split,Zoned
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Driveway
  • Parking Total: 6.0

Lot Information

  • Lot Features: Corner Lot,Level
  • Lot Size Acres: 0.15
  • Lot Size Dimensions: 6,482 Square Feet
  • Lot Size Square Feet: 6534.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 3
  • Sewer: Public Sewer

206 NE JOHNSON ST Neighborhood

Community

97128 (McMinnville) Demographics

40
Median Age
358
Population Density (per sq. mile)
37%
College Educated
$54,983
Estimated Median Income
9,374
Estimated Total Home Owners
5,015
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

206 NE JOHNSON ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

206 NE JOHNSON ST Market Data

Based on the last 30 days in this zip code

$612,966
Average List Price
$297
Average Price per Square Foot
50
Properties Sold
94
Average Days on Market
250
Properties for Sale
Calculations provided by Reliance Network

206 NE JOHNSON ST History

Date Event Value Agent
6/23/2026Source: Regional MLS Added to Database
June 23, 2026
3/25/2026Source: Regional MLS Price Reduction
$899,900 -5.2%
3/11/2026Source: Regional MLS Added to Database
March 11, 2026
4/25/2024Source: Regional MLS Status Change
Sold
4/5/2024Source: Regional MLS Status Change
Pending
4/2/2024Source: Regional MLS Added to Database
April 02, 2024