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.
ARCHITECTURE
Stories: 2
Condition: Approximately
Year Built: 1978
Roof Type: Other
INTERIOR FEATURES
Heating Type: Other
Fuel Type: Electricity
Interior SqFt: 35040
EXTERIOR FEATURES
Lot size (Acres): 3.74
Zoning: C3
Water Source: Public Water
Sewer: Public Sewer
SCHOOLS
Elementary: Grandhaven
High School: McMinnville
Middle: Patton
TAX & FINANCIAL
Annual Tax: $15249.27
Terms Considered: Cash, Conventional
Tax Year: 2025
LISTING INFO
Listing courtesy of SMI Commercial Real Estate LLC
Member of: National Association of REALTORS® (NAR)
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Property ID - | 885930
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