540 NW 9TH ST, McMinnville

PRICE REDUCED TO MEET THE MARKET--an opportunity to take a fresh look! Live here. Work here. Grow here. Rare McMinnville property offering three distinct living spaces on a beautifully landscaped .28-acre lot, creating exceptional flexibility for multi-generational living, guest quarters, work-from-home needs, rental potential, or a possible in-home business setup. Imagine living in the spacious main home while using the detached 660 SF 1 bed/1 bath cottage as a private office, studio, guest space, or potential infant/toddler care area, with the lower-level suite offering additional flexible space for activities, learning, extended family, or income potential.The main home offers over 2,051 SF of flexible living space with a main-level bedroom, den, expansive living and dining rooms with fireplace, an eclectic kitchen full of character, and a restorative steam shower/tub combination. Upstairs features two generous bedrooms, an additional bedroom, loft space, and a full bathroom.The 1,260 SF lower-level suite includes its own kitchen, bath, fireplace, studio space, and private living area, with an existing tenant who would like to remain, providing income from day one. The detached cottage is now vacant and ready for its next chapter.Outside, mature trees, winding garden paths, lush landscaping, cozy sitting areas, and an expansive deck create a peaceful setting with room for creativity, gathering, and imagination play. Recent improvements include a new roof, new windows, refreshed exterior paint, and oversized deck.Whether you are seeking a home that supports extended living, flexible work, possible childcare/business use, or income opportunity, this property offers rare versatility in one of McMinnville's most desirable neighborhoods. Seller is Estate of Derek Goad. Listing agent is related to seller. Buyer to perform due diligence regarding rental uses, business use, licensing, zoning, and income potential.