$3,500,000

0 Catron St N Monmouth, OR 97361

Estimated payment $19,676/month

Total Views 2,899
3 Beds
7 Baths
18,561 Sq Ft
$189 Price per Sq Ft

Highlights

  • City View
  • 1 Car Garage
  • Lap Siding
  • Forced Air Heating System
  • Level Lot
  • 3-minute walk to Winegar Park

About This Home

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.

Listing Agent

Patrick Ledbetter

Premiere Property Group, LLC License #201217839 Listed on: 06/23/2025

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,162

Year Built

  • Built in 2006

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Driveway

Property Views

  • City
  • Territorial

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 18,561 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 7 Bathrooms

Schools

  • Monmouth Elementary School
  • Talmadge Middle School
  • Central High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 189501,189514

Community Details

Overview

  • 12 Units

Building Details

  • Operating Expense $36,978
  • Gross Income $254,836
  • Net Operating Income $217,858

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,162

Year Built

Built in 2006

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2006
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Total Bedrooms: 3
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, Seasonal
  • Road Surface Type: Concrete, Paved
  • Roof: Composition
  • View: City,Territorial

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 36.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Monmouth
  • High School: Central
  • Middle Or Junior School: Talmadge

Lot Info

  • Zoning: RH
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 189501,189514
  • Assessor Parcel Number 2: 571802
  • Assessor Parcel Number 3: 419138

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 6161.64

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 12
  • Gross Rent Multiplier: 13.73
  • Annual Gross Income: 254836.0
  • Property Net Operating Income: 217858.0
  • Annual Operating Expense: 36978.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $3,500,000 -- $189 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 653867763

Regional Multiple Listing Service (RMLS)