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390 NE Main St, Willamina, OR, 97396

--beds
2baths
--sqft
$700,000
--price/sqft
$4,338/moest. monthly cost
$173,520/yrincome needed

About This Home

Looking for an asset with lots of upside? You do not want to miss out on this one! This listing is for a house and a 6-unit on the same lot. The house is a 3/1 and the 6 units are (3) 1 bed and (3) studio. All need work and will have 2 vacancies soon. Financials are based off the current low rents and actual average expenses. Landlord pays all utilities.

Getting Around

39
WalkingCar-Dependent
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

3/10
5/10
Willamina Middle SchoolGrades 6-80.5 mi
3/10
Willamina High SchoolGrades 9-120.5 mi

Construction

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Range,Electric Water Heater,Gas Water Heater,Refrigerator

Bedrooms & Bathrooms

  • Bathrooms: 2

Heating

  • Heating features: Natural Gas,Electric

Property

Details

  • Zoning: C1

Features

  • Fencing: Partial

Lot

  • Lot size: 0.48 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveRelatively High
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Ice Storm
Landslide
Strong Wind
Winter Weather

FEMA Declared Disasters in Yamhill County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,539$42,468
Home Insurance *$227$2,724
Property Taxes $396$4,752
Electricity $176$2,119
Total$4,338$52,056
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,731/yr
40% on housing$130,140/yr
45% on housing$115,680/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 97396$212
Yamhill County$311

vs Homes Sold Last Month

Median $/sqft

ZIP 97396$246
Yamhill County$301

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-19Listed for sale$700,000
2021-03-24Listing removed--
2008-12-15Listing removed$290,000
2008-08-23Listed for sale$290,000

For Sale by Agent

AgentCASEY OLIVER
BrokerageSmi Real Estate

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