206 NE 10TH ST, McMinnville, OR 97128

Property Description

Professionally managed and very popular Vacation Rental within several blocks to many restaurant choices and McMinnville's famous tourist district. Award-winning restored Victorian with a detached, remodeled Carriage House offers a total of 5+ sleeping rooms, 3 kitchens and 4.5 baths. In the main house, a spacious floorplan (with two kitchens, two living rooms plus a formal dining room), offers generous gathering spaces for families or groups. Plus, the detached Carriage House was just remodeled in summer 2026 into an ADU-type unit with two rooms, a full bath with laundry equipment and kitchenette. Perfect for multiple guests, separate bookings, owner's unit/office and more. Hook-up for a 3rd set of laundry equipment in the basement. Solar panels on the Carriage House reduce utility costs. Great exposure makes this a prime investment property. Current Short Term Rental use is permitted by C-3 zoning. Zoning also allows retail, professional office, multi-family and owner-occupied mixed uses, all subject to the city's building and parking requirements. Ask your broker for the developer packet with demographics, zoning, permits, parking variance and floorplans attached. Buyer to do all due diligence necessary for intended use. "ADU-type" is used as a descriptive term only and is not a legal definition. Fixtures can be included; furniture and inventory are negotiable. Actual Income/Expense shown is 2025, prior to remodel. Proforma Income/Expense includes 7 months of actual 2026, plus pre-bookings and projections for balance of 2026. Complete Financials are available with site visit and an NDA.