100% Leased Monmouth 6-Plex

271 Clay Street East, Monmouth, OR 97361

Property Information

  • For Sale $950,000
  • Property Type Multi-Family
  • Property Size 4,416 SF
  • Units 6
  • Lot Size 0.3 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1963
  • Date Updated Jul 17, 2026

Description

Discover the vibrant community surrounding the property in Monmouth, Oregon. Situated amidst the picturesque Willamette Valley, this location offers a captivating blend of small-town charm and modern convenience. Nearby Western Oregon University adds to the dynamic atmosphere, presenting opportunities for student housing investments. Explore the charming downtown area, rich with local shops and eateries, perfect for attracting residents seeking a lively urban experience.Introducing 271 Clay Street East, a well-appointed multifamily residence offering a compelling ownership opportunity in Monmouth. The building showcases efficient floor plans, complemented by recent capital improvements (some units have undergone flooring and cabinet updates), and a new membrane roof. This asset delivers a stable rental stream with potential for additional upside, making it an attractive addition to any multifamily portfolio seeking consistent returns and low management complex.

Highlights

  • 100% leased investment
  • 5 units @ 2bd/1ba + 1 unit @ 1bd/1ba
  • Close to Western Oregon University
  • Contact Broker for full Rent Roll and Income/Expenses
  • Estimated NOI of $53,207
  • New Roof

Contacts

Location

Contact Listing Broker
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