- For Sale $7,290,000
- Property Type Multi-Family
- Property Size 35,265 SF
- Units 27
- Lot Size 1.79 Acre
- Date Updated Jun 22, 2026
Description
The Ecols Street Student Housing Portfolio is a 27-unit multifamily collection spanning
four properties in Monmouth, Oregon with close proximity to Western Oregon
University. The portfolio offers a rare concentration of newer-vintage, large-format
townhouse and apartment product built between 2003 and 2005, with one asset dating
to 1941/1998. Combined, the properties generate over $505,000 in gross potential income with a total portfolio list price of $7,290,000. Each asset features strong in-place
occupancy, immediate rent upside through market-rate stabilization (estimated to be
$1,900-$2,300/mo), and appeal to both student-housing investors and long-term multifamily operators. The portfolio may be acquired collectively or as individual parcels.
Ownership has self-managed for 20+ years and is ready for retirement.
501-529 Warren St S 9 11,413 2005 $2,495,000
371 Ecols St N 5 6,875 2003 $1,575,000
422-438 Warren St S 9 11,527 2004 $2,295,000
441 Warren St S 4 5,450 1941 / 1998 $925,000
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Contacts
First Commercial Real Estate
Location
First Commercial Real Estate