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540 NW 9th St, 
Mcminnville, OR 97128

$699,900


5

Beds


4

Baths


3,971

Sq Ft


Single Family

Active

503-538-0468

Last updated:

August 15, 2026, 02:59 PM

MLS#

841185

Source:

OR WVMLS

Company Logo

About This Home

540 NW 9th St

Location, Location, Location! Rare McMinnville property with 3 separate living spaces offering income potential or multi-generational living. Detached 660 SF cottage and lower-level suite currently rented below market. Main home features flexible layout, main-level bedroom, den, fireplace, steam shower/tub, loft, and spacious living areas. Recent updates include roof, windows, exterior paint & large deck. Beautiful .28-acre lot with mature trees, paths & peaceful outdoor spaces. Location, Location, Location - with Built-In Income Potential and Flexible Multi-Generational Living. This rare McMinnville property offers three separate living spaces and a unique opportunity to offset your mortgage while enjoying a spacious and character-filled home. The detached 660 sq ft cottage is currently rented below market and presents immediate upside as it becomes available soon. The lower-level suite provides additional income with an existing tenant in place, offering built-in cash flow from day one and a clear path for future rent growth. The main home welcomes you with a generous and flexible layout, featuring a main-level bedroom, den, and expansive living and dining areas with a cozy fireplace. The eclectic kitchen adds charm, while the main-level bath includes a relaxing steam shower/tub combo. Upstairs, you’ll find two large bedrooms, an additional smaller room, loft space, and a full bathroom ideal for a variety of living arrangements. The basement level functions as a separate living space, complete with its own kitchen, bath, fireplace, studio and storage area perfect for extended living, guests, or supplemental income. Whether you're looking to live in one space and rent the others, accommodate multi-generational living, or gradually increase rental income over time, this property offers a rare combination of lifestyle flexibility and long-term financial opportunity. Recent updates include a new roof, new windows, refreshed exterior paint, and a stunning oversized deck. Set on a beautifully landscaped .28-acre lot with winding paths, mature trees, and peaceful outdoor spaces, the setting feels like a private retreat just minutes from everything McMinnville has to offer. Seller is the Estate of Derek Goad; listing agent is related. Buyer to perform due diligence on all aspects of the property including rental uses and income potential.

Home Facts

Single Family

4 Baths

5 Bedrooms

Built in 1950

Price Summary

699,900

$176 per Sq. Ft.

MLS #:

841185

Last Updated:

August 15, 2026, 02:59 PM

Added:

3 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,971 Sq. Ft.


Structure

Structure

Architectural Style:

Tri-Level

Building Area:

3,971 Sq. Ft.

Year Built:

1950


Lot

Lot Size (Sq. Ft):

12,196


Finances & Disclosures

Finances

Price:

$699,900

Price per Sq. Ft:

$176 per Sq. Ft.

MLS Logo
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. OR WVMLS Member Broker: Doug Caye

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.