240 SE Davis St McMinnville, OR 97128

First time on the market, this 1914 Historic Registry (Tier 2) home offers a rare restoration opportunity just 0.2 mi from Historic Downtown McMinnville, one block from the McMinnville Farmers Market, and 0.6 mi from Linfield University. Zoned R4 Multifamily with a detached garage and full unfinished basement featuring numerous windows and exterior access. Original fir floors, plaster walls, wood windows, and vintage cabinetry remain. Sold AS-IS; extensive renovation required. This 1914 home presents a rare opportunity to restore a piece of McMinnville history. Located approximately 0.2 miles from Historic Downtown McMinnville, one block from the McMinnville Farmers Market, and 0.6 miles from Linfield University, the property offers convenient access to shops, restaurants, tasting rooms, parks, and Highway 99W. Situated on an approximately 8,276 sq ft lot and zoned R4 Multifamily, the property presents opportunities for redevelopment, investment, or restoration, subject to buyer due diligence. Many original architectural features remain, including fir floors, plaster walls, wood windows, and vintage kitchen cabinetry. Listed on McMinnville's Historic Homes Registry (Tier 2), the home retains much of its original character, with exterior modifications subject to historic review requirements.Recent improvements include tuck-pointing and installation of a new heating system. Air conditioning may be added. The second floor previously accommodated additional bedrooms and may offer future expansion potential, subject to permits and approvals. A detached garage provides storage, workshop space, or future use potential. The full unfinished basement offers substantial storage and future finishing potential. With numerous windows and a separate exterior entrance, the space may accommodate expanded living, recreation, workspace, or hobby areas, subject to permits and approvals.The property requires substantial rehabilitation. All plumbing has been removed, the electrical system requires replacement, bathrooms have been stripped, and water, sewer, and electrical services are not currently connected. Interior conditions may be unsafe; buyers should exercise caution when viewing. Property is being sold strictly AS-IS. An exceptional opportunity for investors, contractors, developers, or restoration-minded buyers seeking a historic property in the heart of Oregon wine country with R4 multifamily zoning and proximity to downtown amenities.