2048 NE HIGHWAY 99W , Mc Minnville, OR 97128
- $8,250,000
2048 NE HIGHWAY 99W , Mc Minnville, OR 97128
- $8,250,000
Overview
- 35040 Sqft
- 1978
- MultiFamily
- 212440031
- 3.74 Acres
- SMI Commercial Real Estate LLC
- Gabe Johansen
Description
Meadowbrook Apartments is a 48-unit, gardenstyle community on 3.74 acres just north of downtown McMinnville — the heart of Oregon’s Willamette Valley wine country. Built in 1978 and owned since 2019, it offers efficient one- andtwo-bedroom homes averaging 730 square feet across three buildings, with surface parking, on-site laundry, and individual electric metering. Ownership has reinvested $551,644 recently — including but not limited to, 48 new heat pumps, two roofs, and a repaved and resealed lot.McMinnville anchors a diverse economy spanning healthcare (Willamette Valley Medical Center), manufacturing (Cascade Steel Rolling Mills), higher education (Linfield University), and a nationally recognized wine sector — with 90-plus manufacturers and an 800,000-person labor force within a 45-minute drive. About 40 miles southwest of Portland on Highway 99W, it pairs small-citylivability with steady employment that underpins durable rental demand.
Details
Updated on August 19, 2026 at 6:23 pm-
MLS# 212440031
-
Price $8,250,000
-
Property Size 35040 Sqft
-
Land Area 3.74 Acres
-
Garage Size x x
-
Year Built 1978
-
Property Type MultiFamily
-
Property Status Active
-
Office Name SMI Commercial Real Estate LLC
-
Agent Name Gabe Johansen
-
Office Phone 503-830-1118
Additional details
-
Listing Terms Cash, Conventional
-
Roof Other
-
Sewer Public Sewer
-
Cooling Other
-
Heating Other
-
County Yamhill
-
Property Type MultiFamily
-
Parking Off Street
-
Elementary School Grandhaven
-
Middle School Patton
-
High School Mc Minnville
Walkscore
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
PMI
-
Monthly HOA Fees
Contact Information
Similar Listings
- ManufacturedHomeinPark, Residential
- $70,000
- $75,000
- SingleFamilyResidence, Residential
- $399,000
- SingleFamilyResidence, Residential
- $600,000
- $609,000
The listings you see here are pulled from the RMLS IDX feed and are meant exclusively for your personal, non-commercial snooping pleasure. You can’t use this info to build a Zillow clone, stalk your ex’s new house, or anything shady. It’s just here to help you find your next place to live. The data is considered reliable, but let’s be real—mistakes happen, and RMLS doesn’t guarantee it's 100% accurate. Double-check the details before you fall in love with that “3-bedroom charmer” that turns out to be a 1-bedroom with a sketchy garage conversion.
IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, data is deemed reliable but is not guaranteed accurate by RMLS. All information provided is deemed reliable, but is not guaranteed and should be independently verified. 
