Welcome to this brand-new, thoughtfully constructed triplex! Perfectly situated just two blocks from Western Oregon University, this property offers an ideal location near the heart of Monmouth. Enjoy being moments away from downtownâ??s main street hub, local restaurants, gyms, and parks. Each unit features modern amenities and brand-new appliances, providing a completely move-in-ready experience in a vibrant community setting. Listing Broker is related to seller.
Well-located 4 bed, 2.5 bath duplex in an established neighborhood with proven rental history. Gross rents $4,250â??$4,300/mo, tenants pay all utilities, supporting strong cap-rate potential. Each unit includes a single-car garage, gas fireplace, gas heat, canned lighting, ½ bath on main and 2 full baths up. Low-maintenance Hardi-plank exterior, shingled peaks, comp roof. Interior W/D, fenced yard. Easy commute to Salem, Albany & Corvallis. Professionally managed.
Courtesy: The Salem Real Estate Group
503-949-3623
Exciting investment opportunity! Updated 6-plex in the heart of Monmouth, less than a mile from WOU. Originally designed w/ 5 units, but its value has recently enhanced with addition of a 6th unit, completed in 3/2023. 5 units feature 2 beds/1 bath. 6th unit, with modern finishes offers 1 bed/1 bath. Professionally managed since 2022, this complex is maintained & overseen with great care. NEW ROOF!
Price Improved!Phenomenal Investment 4-plex in the Heart of the Valley in the thriving town of Monmouth. Chance for Owner Occupied Investment, 2 blocks from campus , one block from downtown. Property has amazing rental history, HUD capable (unit 1 is currently HUD), Updated Laundry facilities (in house only, tenants access) , Upstairs balconies, Lower patios,Greenspace, 7-spot parking lot with10 streetside additional and easy-care grounds. 3 of 4 units have been completely remodeled. 6.81%Cap Rate
Monmouth is located in Oregon. Monmouth, Oregon has a population of 10,735. Monmouth is more family-centric than the surrounding county with 41.83% of the households containing married families with children. The county average for households married with children is 31.98%.
The median household income in Monmouth, Oregon is $54,310. The median household income for the surrounding county is $70,238 compared to the national median of $69,021. The median age of people living in Monmouth is 25 years.
The average high temperature in July is 82 degrees, with an average low temperature in January of 34.7 degrees. The average rainfall is approximately 43.2 inches per year, with 4.3 inches of snow per year.
