For SaleRisky Deal1 days on market
2608 NE Irvine St
2608 NE Irvine St, McMinnville, OR 97128, McMinnville, OR 97128
$425,000
Listing Price
2608 NE Irvine St, McMinnville, OR 97128
Loc: McMinnville, OR
Days Listed
1
Tax Assessed
$365k
Lot Size
9,583 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Grandhaven Elementary School
K-5
0.4 mi away
6
Patton Middle School
6-8
0.3 mi away
9
McMinnville High School
9-12
0.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle storyattached garagebrick accentsasphalt shingle roofasymmetrical facadefront lawnsuburbanresidentialdrivewaywood sidingtraditionallow profile
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.21%
Total ROI
93.8%
Cash Flow
$-7/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-7/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in McMinnville
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $425,000 | $297 |
| 2018-06-22 | Sold | $284,900 | $199 |
| 2018-05-21 | Pending sale | $284,900 | $199 |
| 2018-05-14 | Listed for sale | $284,900 | $199 |
| 2015-03-13 | Sold | $187,000 | $131 |
| 2014-10-25 | Price change | $194,900 | $136 |
| 2014-08-03 | Listed for sale | $199,900 | $140 |
| 2011-11-25 | Listing removed | $1,125 | $1 |
| 2011-11-15 | Price change | $1,125 | $1 |
| 2011-10-26 | Listed for rent | $1,150 | $1 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,854.37 | $216,456 |
| 2024 | $3,652.66 | $210,151 |
| 2023 | $3,448.62 | $204,030 |
| 2022 | $3,266.95 | $198,087 |
| 2021 | $3,189.65 | $192,317 |
| 2020 | $3,164.22 | $186,716 |
| 2019 | $3,078.41 | $181,278 |
| 2018 | $3,017.54 | $175,998 |
| 2017 | $3,017.54 | $170,872 |
| 2016 | $2,808.25 | $165,895 |
| 2015 | $2,808.25 | $161,065 |
| 2014 | $2,739.82 | $156,375 |
| 2013 | $2,502.89 | $151,822 |
| 2012 | $2,441.4 | $147,401 |
| 2011 | $2,375.24 | $143,109 |
| 2010 | $2,291.5 | $138,942 |
| 2009 | $2,253.67 | $134,895 |
| 2008 | $2,160.96 | $130,966 |
| 2007 | $2,110.73 | $127,151 |
| 2006 | $1,905.88 | $123,447 |
| 2005 | $1,955.17 | $119,851 |
| 2004 | $1,853.55 | $116,360 |
| 2003 | $1,977.51 | $112,971 |
| 2002 | $1,896.27 | $109,681 |
| 2001 | $1,821.89 | $106,486 |
| 2000 | $1,753.28 | $103,384 |
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