1902 Monroe St Northbend, OR 97459
Estimated payment $3,184/month
Highlights
- Bay View
- No HOA
- Level Lot
- Corner Lot
- Landscaped
- Wood Siding
About This Home
Price Improvement! A North Bend investment opportunity awaits with this six unit building on a corner lot, conveniently located near downtown North Bend. Four 1bed/1bath units, one studio unit, and one 2bed/1.5bath unit. Several long term tenants. Three units have undergone remodels recently along with other building improvements, including a new roof. Owner carry terms may be considered with a substantial down payment. Please DO NOT DISTURB TENANTS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,388
Year Built
- Built in 1946
Lot Details
- Landscaped
- Corner Lot
- Level Lot
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 3,024 Sq Ft Home
- 1-Story Property
- Bay Views
Bedrooms and Bathrooms
- 6 Bedrooms
- 7 Bathrooms
Parking
- On-Street Parking
- Off-Street Parking
Schools
- Hillcrest Elementary School
- North Bend Middle School
- North Bend High School
Utilities
- No Cooling
- Wall Furnace
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 6304600
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- Operating Expense $14,770
- Gross Income $57,194
- Net Operating Income $42,423
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,388 | $161,330 | -- | -- |
| 2024 | $2,410 | $156,640 | -- | -- |
| 2023 | $2,281 | $152,080 | $0 | $0 |
| 2022 | $2,313 | $151,926 | $0 | $0 |
| 2021 | $1,958 | $121,660 | $0 | $0 |
| 2020 | $1,916 | $120,460 | $0 | $0 |
| 2019 | $1,760 | $112,580 | $0 | $0 |
| 2018 | $1,270 | $80,990 | $0 | $0 |
| 2017 | $1,270 | $80,990 | $0 | $0 |
| 2016 | $1,131 | $72,310 | $0 | $0 |
| 2015 | $1,230 | $80,340 | $0 | $0 |
| 2014 | $1,230 | $77,250 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2026 03/03/26 | Price Changed | $580,000 | 0.0% | $192 / Sq Ft |
| 03/03/2026 03/03/26 | For Sale | $580,000 | -5.7% | $192 / Sq Ft |
| 03/01/2026 03/01/26 | Off Market | $615,000 | -- | -- |
| 01/20/2026 01/20/26 | Price Changed | $615,000 | -2.2% | $203 / Sq Ft |
| 05/07/2025 05/07/25 | For Sale | $629,000 | -- | $208 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 787086100
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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 © 2026 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.
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Ask me questions while you tour the home.