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928 SE Davis St, McMinnville, OR, 97128

2beds
1baths
936sqft
$425,000
$454price/sqft
$3,056/moest. monthly cost
$122,240/yrincome needed

About This Home

Charming, fully furnished cottage adjacent to Linfield University and just minutes from downtown McMinnville's wineries, restaurants, shops, and parks. Thoughtfully restored from top to bottom, this 1948 charmer blends modern comfort with timeless character.Extensively renovated, the home features new appliances, flooring, interior and exterior paint, Trex decking, mini-split heating and cooling systems, a water heater, electrical panel, plumbing, windows, molding, and light fixtures. Historic details have been carefully preserved, including the original tile shower and beautifully restored porcelain tub, creating a home that feels both elevated and authentic.Currently operating as a successful furnished rental for traveling medical professionals, the property is being offered fully furnished and includes documented rental income with five-star guest reviews. Whether you're looking for a turnkey investment, a second home, or a low-maintenance primary residence, everything is in place to begin enjoying the property immediately.With its unbeatable location, extensive renovations, proven rental history, and enduring charm, this is a rare opportunity to own one of McMinnville's truly turnkey cottages.

Getting Around

67
WalkingSomewhat Walkable
22
TransitMinimal Transit
53
BikeBikeable

Schools

4/10
Sue Buel ElementaryGrades K-50.6 mi
6/10
Patton Middle SchoolGrades 6-81.5 mi
9/10
Mcminnville High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1948

Materials

  • Foundation: Concrete Perimeter
  • Roof: Composition,Shingle
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Range,Free-Standing Refrigerator,Stainless Steel Appliance(s),Washer/Dryer,Electric Water Heater,ENERGY STAR Qualified Water Heater

Basement

  • Basement: Crawl Space

Bedroom2

  • Features: Closet, Laminate Flooring
  • Level: Upper
  • Area: 182

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Features: Laminate Flooring
  • Level: Main

Features

  • Ceiling Fan(s),Quartz,Closet,Tile
  • Window features: Vinyl Frames
  • Flooring: Laminate,Tile
  • Fireplace features: Outside

Heating

  • Heating features: Mini Split

Interior Area

  • Total structure area: 936
  • Total interior livable area: 936 sqft

Kitchen

  • Features: Laminate Flooring, Quartz
  • Level: Main

Living Room

  • Features: Laminate Flooring
  • Level: Main
  • Area: 224

Master Bedroom

  • Features: Closet, Laminate Flooring
  • Level: Main
  • Area: 168

Property

Accessibility

  • Accessibility features: Accessible Full Bath,Accessibility

Details

  • Parcel number: 164048

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Patio,Porch
  • Exterior features: Fire Pit,Raised Beds,Yard
  • Fencing: Fenced

Lot

  • Lot size: 6,969 sqft
  • Features: Level,SqFt 7000 to 9999

Parking

  • Total spaces: 1
  • Parking features: Driveway,On Street,Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Ice Storm
Strong Wind

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 $2,149$25,788
Home Insurance *$100$1,200
Property Taxes $631$7,572
Electricity $176$2,119
Total$3,056$36,672
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$104,777/yr
40% on housing$91,680/yr
45% on housing$81,493/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

$454This listing

vs Other Active Listings

Avg $/sqft

ZIP 97128$229
Yamhill County$312

vs Homes Sold Last Month

Median $/sqft

ZIP 97128$297
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
2026-07-09Listed for sale$425,000
2023-04-27Sold$376,000
2023-04-03Pending sale$379,000
2023-04-01Listed for sale$379,000

For Sale by Agent

AgentHeather Traff
BrokerageRealty One Group Prestige

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