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.
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.
The property at 427-441 Warren St S is a 4-unit student housing portfolio locatedin Monmouth, Oregon. The asset is comprised of a modern townhouse-style triplexfeaturing three 3-bedroom, 2-bathroom units (1,299 SF each, built 1998) and adetached single-family home with 2 bedrooms and 1 bathroom (953 SF, originallybuilt in 1941), totaling 5,450 SF on 0.39 acres. The site includes a detached 600 SFgarage offering immediate income upside as a separate storage lease. This property serves as a high-demand â??middle housingâ?? asset catering to both the university student population and local family households. 2025 Adjusted NOI: $40,979 Proforma NOI: $47,931 Gross Income: $71,040.
The Ecols Street Townhouses is a 5-unit student housing property located inMonmouth, Oregon. Built in 2003, the asset is composed of five large-format 4-bedroom, 3-bathroom units â?? a rare configuration that caters heavily to the Western Oregon University student market and local professional families. The property is 100% occupied and is situated on 0.33 acres with situs addresses at 371 Ecols St N, Units A through E. Current operations show consistent performance, while market-rate transitions offer immediate yield upside. 2025 Actual NOI: $71,163 Proforma NOI: $86,704 Gross Income: $107,280.
The property at 422-438 Warren St S is a 9-unit student housing portfoliolocated in Monmouth, Oregon. Built in 2004, the asset consists of twofour-plex buildings (eight 3-bedroom, 3-bathroom units at 1,295 SF each)and one detached single-family home (2BR/3BA with garage, 1,075 SF),totaling 11,527 SF on 0.45 acres. The 3-bedroom, 3-bathroom configuration is a high-value rarity in the Monmouth/Independence market, commanding a 10â??15% premium over standard 2-bathroom units due to their appeal to university roommate groups. The asset is in excellent condition and represents a significant upgrade over the aging market-base inventory in the submarket. 2025 Actual NOI: $90,883 Proforma NOI: $125,029 Gross Income: $155,400.
Adorable and well-kept Craftsman offering two independent living spaces in a prime Monmouth location. The main floor features a cozy 2-bed/1-bath unit, while the upstairs provides a charming 1-bed/1-bath retreat. Perfect for rental income, extended family, or living in one unit while renting the other. Low-maintenance and just a short walk to Western Oregon University, making this a highly desirable and versatile property. Refer to #839832.
Accepted Offer with Contingencies. 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.
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.
