For SaleRisky Deal129 days on market
2400 SE Stratus Ave Unit 59
2400 SE Stratus Ave Unit 59, McMinnville, OR 97128, McMinnville, OR 97128
$59,500
Listing Price
2400 SE Stratus Ave Unit 59, McMinnville, OR 97128
Loc: McMinnville, OR
Days Listed
129
Tax Assessed
$53k
Lot Size
11.66 acres
Type
manufactured
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
N/A
Sue Buel Elementary School
K-5
1.3 mi away
6
Patton Middle School
6-8
1.8 mi away
9
McMinnville High School
9-12
1.8 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
mobile homemanufactured homecovered porchoutdoor deckingresidentialfenced yardgardenlandscapedsidingcozybackyardwalkway
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.51%
Total ROI
56.8%
Cash Flow
$-85/mo
DSCR
0.72
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-85/mo net cash flow with a 4.5% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in McMinnville, OR
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-03 | Listed for sale | $59,500 | $62 |
| 2026-09-02 | Pending sale | $59,500 | $62 |
| 2026-08-18 | Price change | $59,500 | $62 |
| 2026-07-14 | Price change | $69,500 | $72 |
| 2026-06-24 | Listed for sale | $79,000 | $82 |
| 2026-06-15 | Contingent | $79,000 | $82 |
| 2026-06-15 | Listed for sale | $79,000 | $82 |
| 2026-06-14 | Pending sale | $79,000 | $82 |
| 2026-05-19 | Listed for sale | $79,000 | $82 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $272.39 | $15,297 |
| 2024 | $258.13 | $14,851 |
| 2023 | $243.7 | $14,418 |
| 2022 | $230.86 | $13,998 |
| 2021 | $225.4 | $13,590 |
| 2020 | $223.59 | $13,194 |
| 2019 | $209.33 | $12,343 |
| 2018 | $191.4 | $11,185 |
| 2017 | $201.4 | $9,106 |
| 2016 | $138.29 | $7,598 |
| 2015 | $138.29 | $7,279 |
| 2014 | $129.42 | $6,238 |
| 2013 | $136.14 | $7,929 |
| 2012 | $135.45 | $7,850 |
| 2011 | $139.25 | $8,063 |
| 2010 | $174.7 | $10,275 |
| 2009 | $176.9 | $10,275 |
| 2008 | $156.7 | $9,174 |
| 2007 | $159.17 | $9,267 |
| 2006 | $154.32 | $9,653 |
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