Monmouth, OR Multifamily Homes & Duplexes for Sale

/26
$998,765
- 11 Beds
- 6 Baths
- 4,416 Sq Ft
271 Clay St E, Monmouth, OR 97361

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

Dewey Whitton THE SALEM REAL ESTATE GROUP

271 Clay St E, Monmouth, OR 97361
Explore Monmouth
/4
$3,500,000
- 3 Beds
- 7 Baths
- 18,561 Sq Ft
0 Catron St N, Monmouth, OR 97361

Your chance to own 4 tri-plexes in Monmouth. They are all side by side on Catron St. Each 1,545 unit has 3 bedrooms and 2.5 bathrooms, garage and parking. 12 units, each unit rents for $1,950 per month. Each tri-plex unit can be split as separate individual tax lots and sold as a townhome. They are all currently rented, so please DO NOT DISTURB THE TENANTS.

Patrick Ledbetter Premiere Property Group, LLC

0 Catron St N, Monmouth, OR 97361
/50
$899,990
- 8 Beds
- 4 Baths
- 3,280 Sq Ft
297 Main St W, Monmouth, OR 97361

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

Chad Harrington EXP REALTY, LLC

297 Main St W, Monmouth, OR 97361
/36
$980,000
- 9 Beds
- 8 Baths
- 3,726 Sq Ft
251 Whitman St S, Monmouth, OR 97361

Excellent Investment opportunity! 4 unit property just blocks from Western Oregon University and downtown Monmouth Oregon. 1930's 3 BR/2BA house that has been nicely updated with new roof, exterior paint, bathrooms, kitchen, driveway, etc. 3- 1990's townhouse units that are 2 BR/1.5 BA. All units are equipped with laundry hook ups. Live in the house and generate income from the 3 units or rent

Tanna Cable Girod C CABLE REALTY

251 Whitman St S, Monmouth, OR 97361

Oregon Polk County Monmouth

Why Live in Monmouth

Monmouth, Oregon, nestled in the Willamette Valley wine country, is a quaint college town with a rich history. Once the last dry city on the West Coast until 2002, Monmouth now features an eclectic mix of shops and restaurants along Main Street and Pacific Avenue. The town is home to Western Oregon University, attracting around 3,000 students to its population of 11,000 residents. Housing options include charming cottages, Craftsman homes, midcentury ranch-style houses, and newer traditional builds, all set on wide streets with mature trees and large lots. Local parks like Madrona Park offer grassy lawns, picnic shelters, and playgrounds, while Main Street Park hosts live music and theatrical performances at its outdoor amphitheater. Residents enjoy kayaking and canoeing on the nearby Willamette River in Independence, a town closely linked with Monmouth through shared services and community events. Downtown Monmouth offers dining options such as Rick’s Place for coffee and Habebah Mediterranean Cuisine for lunch, with evening relaxation at Crush Wine Bar & Tasting Room. Independence's historic downtown features breweries and wineries, celebrating its hops production heritage. Monmouth's location provides convenient commuting options, with Salem just 15 miles away and easy access to Interstate 5 for longer trips to Albany, Portland, and the coast.

Learn more about living in Monmouth

Home Trends in Monmouth, OR

On average, homes in Monmouth, OR sell after 154 days on the market compared to the national average of 70 days. The median sale price for homes in Monmouth, OR over the last 12 months is $489,950, down 11% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$489,950

Median Single Family Sale Price

$489,950

Average Price Per Sq Ft

$301

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

0.60

Median List Price

$524,850

Median Change From 1st List Price

Median Home Sale Price YoY Change

-11%

How to Buy a Home How to Finance a Home How to Sell a Home

In Monmouth, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $899,990 to $3,500,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Monmouth is $524,850, while the average sale price is $502,960, offering insights into the local housing market. On average, multi-family homes spend 154 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Monmouth, OR.

Monmouth Types of Homes for Sale

More About Living in Monmouth

Homes in Nearby Neighborhoods

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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. WVMLS Member Broker: Arlene Richardson

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.