About 2048 Ne Highway 99w
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.
Features of 2048 Ne Highway 99w
| MLS® # | 212440031 |
|---|---|
| Price | $7,900,000 |
| Bathrooms | 0.00 |
| Square Footage | 35,040 |
| Acres | 3.74 |
| Year Built | 1978 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 2048 Ne Highway 99w |
|---|---|
| Area | 156 - Yamhill County including Willamina |
| City | McMinnville |
| County | Yamhill |
| State | OR |
| Zip Code | 97128 |
Amenities
| Parking | Off Street |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Cooling | Other |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Other |
|---|---|
| Roof | Other |
School Information
| Elementary | Grandhaven |
|---|---|
| Middle | Patton |
| High | McMinnville |
Additional Information
| Date Listed | August 19th, 2026 |
|---|---|
| Days on Market | 32 |
| Zoning | C3 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | SMI Commercial Real Estate LLC |
|---|