See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

845 SW Blaine St, McMinnville, OR, 97128

5beds
3baths
3,350sqft
$395,000
$118price/sqft
$2,981/moest. monthly cost
$119,240/yrincome needed

About This Home

Discover an incredible opportunity to create your dream home or investment property with this spacious McMinnville fixer featuring major 2024 system upgrades already completed, including; a new gas furnace, a powerful 5-ton air conditioner, new electric panel, new gas lines, new tankless water heater with a 5-gallon reservoir, and a mini-split system that provides year-round climate control in the downstairs sunroom. This home offers a solid start for future renovations, with high-value improvements that bring peace of mind and long-term efficiency. Its prime location directly across the street from Linfield College makes it especially attractive for strong rental demand and investment potential. The kitchen has been refreshed with beautiful granite countertops, along with a stainless steel built-in microwave, gas range, dishwasher, and a stainless steel sink—providing a modern foundation as you update the rest of the home. The primary bathroom is unfinished and features a new jetted tub with plumbing in place for fixtures. Additional updates include new living-room flooring and upgraded connectivity throughout the home with Cat-6 Ethernet, a POE-6 access point, and a 2.5 GB router—ideal for streaming, gaming, or work-from-home needs. While these improvements add significant value, the property is still considered a major fixer and will require substantial renovation to reach its full potential. With its size, updates, and unbeatable location, this property is an exceptional opportunity for contractors, investors, or buyers looking for a project. Cash or rehab financing only. Total square feet provided is from appraisal. County square feet is 3,544. Main/Upper square feet are estimates.

Getting Around

73
WalkingVery Walkable
22
TransitMinimal Transit
58
BikeBikeable

Schools

4/10
7/10
Duniway Middle SchoolGrades 6-80.8 mi
9/10
Mcminnville High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1890

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Free-Standing Gas Range,Microwave,Plumbed For Ice Maker,Stainless Steel Appliance(s),Gas Appliances,Free-Standing Range,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Basement: Crawl Space

Bedroom2

  • Level: Main
  • Area: 221

Bedroom3

  • Level: Upper
  • Area: 168

Bedroom4

  • Level: Upper
  • Area: 117

Bedroom5

  • Level: Upper
  • Area: 117

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2

Features

  • Ceiling Fan(s),Granite,High Ceilings,High Speed Internet,Bathroom
  • Flooring: Hardwood,Tile,Vinyl
  • Number of fireplaces: 1
  • Fireplace features: Insert,Wood Burning,Wood Burning Stove
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air 90,Mini Split
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,350
  • Total interior livable area: 3,350 sqft

Kitchen

  • Features: Dishwasher, Gas Appliances, Hardwood Floors, Microwave,Free Standing Range, Granite
  • Level: Main
  • Area: 234

Living Room

  • Features: Vinyl Floor, Wood Stove
  • Level: Main
  • Area: 640

Master Bedroom

  • Features: Bathroom, Ceiling Fan, Hardwood Floors,Jetted Tub
  • Level: Main
  • Area: 266

Property

Details

  • Parcel number: 514051

Features

  • Stories: 2
  • Patio & porch: Porch
  • Exterior features: Yard
  • Has spa: Yes
  • Spa features: Bath
  • Fencing: Fenced

Lot

  • Lot size: 9,147 sqft
  • Features: Level,Trees,SqFt 7000 to 9999
  • Lot size dimensions: 9174 SF

Parking

  • Parking features: Driveway,Parking Pad,RV Access/Parking,Attached,Converted Garage
  • 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
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
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 $1,997$23,964
Home Insurance *$93$1,116
Property Taxes $587$7,044
Electricity $304$3,648
Total$2,981$35,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,205/yr
40% on housing$89,430/yr
45% on housing$79,493/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

$118This listing

vs Other Active Listings

Avg $/sqft

ZIP 97128$231
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
2026-05-01Listed for sale$395,000
2021-10-25Sold$470,000

For Sale by Agent

AgentGreg Carnese
BrokerageRealty First

Similar Homes