Introducing 271 Clay Street East, a well-appointed multifamily residence offering acompelling ownership opportunity in Monmouth. The building showcases efficient floor plans, complemented by recent capital improvements (some units have undergone flooring, door, and cabinet updates), and a new membrane roof. This asset delivers a stable rental stream with potential for additional upside, making it an attractive addition to any multifamily portfolio seeking consistent returns and low management complex. 100% leased investmentEstimated NOI of $57,578Contact Brokers for full Rent Roll and Income/Expenses
Courtesy: Made Out West Land Company, LLC
503-623-2292
Fourplex in the heart of Monmouth! This investment opportunity boasts four 4 bed units that can accommodate a variety of renters needs, and includes off-street/on-site parking. Nestled behind the historic Burford-Stanley House, the property is situated ideally a short distance from major points of interest in town, including WOU campus. Some updating has been done. Some appliances will be included. Do not disturb tenants.
Fourplex in the heart of Monmouth! This investment opportunity boasts four 4 bed units that can accommodate a variety of renter needs, and includes off-street/on-site parking. Nestled behind the historic Burford-Stanley House, the property is situated ideally just a short distance to major points of interest in town, including WOU campus. Some updating has been done. Some appliances will be included. Please contact listing agent for more details. Do not disturb tenants.
The Warren Street Townhouses is a 9-unit student housing portfolio located inMonmouth, Oregon. Built in 2005, the asset consists of two residential buildingshousing eight large-format 4-bedroom, 3-bathroom townhouses (1,361 SF each) and one 1-bedroom, 1-bathroom ADA-accessible apartment unit (525 SF). The property is 100% occupied and is situated on 0.62 acres in close proximity to Western Oregon University. The 1BR unit is currently utilized as an ownerâ??s office and can be returned to the rent roll immediately without conversion costs, providing an immediate increase to the propertyâ??s Net Operating Income. 2025 Actual NOI: $109,639 Proforma NOI: $148,173 Gross Income: $171,360.
Roof replacment at closing! Fantastic Investment 4-plex in the Heart of the Valley in the thriving town of Monmouth. 2 blocks from WOU campus , one block from downtown. Property has amazing rental history, HUD capable (2 are currently HUD with scheduled increases), Updated Laundry facilities (in house only, tenants access) , Upstairs balconies, Lower patios, Greenspace, 7-spot parking lot with streetside and easy-care grounds. 3 of 4 units have been completely remodeled, Amazing opportunity!
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.
