271 Clay St E Monmouth, OR 97361
Estimated payment $5,462/month
Highlights
- Covered Patio or Porch
- High Speed Internet
- Wood Siding
- Zoned Heating
- Dining Area
- 3-minute walk to Main Street Park
About This Home
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 ROOF!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,597
Year Built
- Built in 1963
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 73x180
Home Design
- Wood Siding
- T111 Siding
Interior Spaces
- 4,416 Sq Ft Home
- Dining Area
Kitchen
- Electric Range
- Dishwasher
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Outdoor Features
- Covered Patio or Porch
Schools
- Monmouth Elementary School
- Talmadge Middle School
- Central High School
Utilities
- Zoned Heating
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Exclusions: Tenant Owned Personal Property
Community Details
Overview
- 6 Units
- Clay Street Apartments Community
Building Details
- Trash Expense $1,837
- Water Sewer Expense $2,374
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | Price Changed | $949,949 | -1.9% | $215 / Sq Ft |
| 10/15/2025 10/15/25 | Price Changed | $968,765 | -0.5% | $219 / Sq Ft |
| 10/08/2025 10/08/25 | Price Changed | $973,765 | -0.5% | $221 / Sq Ft |
| 10/01/2025 10/01/25 | Price Changed | $978,765 | -0.5% | $222 / Sq Ft |
| 09/24/2025 09/24/25 | Price Changed | $983,765 | -0.5% | $223 / Sq Ft |
| 09/17/2025 09/17/25 | Price Changed | $988,765 | -0.5% | $224 / Sq Ft |
| 09/11/2025 09/11/25 | Price Changed | $993,765 | -0.5% | $225 / Sq Ft |
| 08/06/2025 08/06/25 | For Sale | $998,765 | -- | $226 / Sq Ft |
Source: Willamette Valley MLS
MLS Number: 832329
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
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