Estimated payment $5,885/month
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 all of the units. Turn key property with excellent upkeep. DO NOT DISTURB TENANTS.
| 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 | $6,668 | $404,490 | $53,260 | $351,230 |
| 2024 | $6,668 | $392,710 | $51,710 | $341,000 |
| 2023 | $6,946 | $381,280 | $50,200 | $331,080 |
| 2022 | $6,251 | $370,180 | $48,730 | $321,450 |
| 2021 | $6,180 | $359,400 | $47,300 | $312,100 |
| 2020 | $5,935 | $348,940 | $45,930 | $303,010 |
| 2019 | $5,762 | $338,780 | $44,590 | $294,190 |
| 2018 | $5,564 | $328,920 | $43,290 | $285,630 |
| 2017 | $5,533 | $319,340 | $42,030 | $277,310 |
| 2016 | $5,593 | $310,040 | $40,810 | $269,230 |
| 2015 | -- | $301,010 | $39,620 | $261,390 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/24/2025 01/24/25 | For Sale | $980,000 | +113.0% | $263 / Sq Ft |
| 06/13/2018 06/13/18 | Sold | $460,000 | 0.0% | $123 / Sq Ft |
| 06/11/2018 06/11/18 | Sold | $460,000 | +1.2% | $123 / Sq Ft |
| 04/26/2018 04/26/18 | Pending | -- | -- | -- |
| 04/12/2018 04/12/18 | Price Changed | $454,500 | -3.2% | $122 / Sq Ft |
| 04/06/2018 04/06/18 | For Sale | $469,500 | 0.0% | $126 / Sq Ft |
| 02/22/2018 02/22/18 | For Sale | $469,500 | -- | $126 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Amerititle | |
| Warranty Deed | $318,000 | Ticor Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $470,000 | New Conventional | |
| Closed | $345,000 | New Conventional | |
| Previous Owner | $254,400 | Fannie Mae Freddie Mac |
$899,990
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
$998,765
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
Source: Willamette Valley MLS
MLS Number: 824824
APN: 195074
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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