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Listing provided courtesy of EXP REALTY, LLC: 888-814-9613.

297 Main W

Monmouth, OR 97361
  • $899,990
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 826630
$899,990
  • 8
    BEDS
  • 0.21
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,280
    SQFT
  • $274
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1971
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of EXP REALTY, LLC: 888-814-9613. Listing information © 2025 Willamette Valley Multiple Listing Service



Description

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

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Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-04-24T00:09:44.48.
www.coho.realty/homes/161563695
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297 Main W Monmouth, OR 97361

  • Price: $899,990
  • Status: Active
  • On Site: 36 Days
  • MLS #: 826630
8
Beds
4
Baths
0
½ Baths
0.21
Acres
3,280
SQFT
$274
$/SQFT
1971
Built
Neighborhood:
Town Of Monmouth
County:
Polk
Area:
95 POLK COUNTY
Elementary School:
Monmouth
Middle School:
Talmadge
High School:
Central
Property Description
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
Exterior Features

Exterior Color Green Frontage Feet 82

Interior Features

Unit1 Baths 1 Unit1 Bedrooms 2 Unit2 Baths 1 Unit2 Bedrooms 2 Unit3 Baths 1 Unit3 Bedrooms 2 Unit4 Baths 1 Unit4 Bedrooms 2

Property Features

Assessments Or Liens No Cross Street S College St Exclusions Tenants personal Property Garbage 1000 Multifamily Type 4-Plex New Construction No Possession COE Tax Amount 5120 Tax Years 2024 Water Sewer 850 Zoning RM

© 2025 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2025 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2025-04-24T00:09:44.48.
 
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Coho Realty
500 Liberty St SE, Suite 410
Salem OR, 97301
Listing provided courtesy of EXP REALTY, LLC: 888-814-9613. Listing information © 2025 Willamette Valley Multiple Listing Service