501 Warren St S

• Priced at $277,222/unit

• Strong rental history

• Each unit has washer & dryer

The Warren Street Townhouses is a 9-unit student housing portfolio located in

Monmouth, Oregon. Built in 2005, the asset consists of two residential buildings

housing eight large-format 4-bedroom, 3-bathroom townhouses (1,361 SF

each) and one 1-bedroom, 1-bathroom ADA-accessible apartment unit (525

SF). The property is 100% occupied and is situated on 0.62 acres in close

proximity to Western Oregon University. The 1BR unit is currently utilized as

an owner’s office and can be returned to the rent roll immediately without conversion costs, providing an immediate increase to the property’s Net Operating

Income. 2025 Actual NOI: $109,639 | Proforma NOI: $148,173 | Gross Income:

$171,360.