Multifamily Apartment
For Sale
Contact for pricing
423 Monroe Street, Oregon City, OR 97045
Built in 1966, the property offers three one-bedroom and six two-bedroom apartment units.
Property SizeContact for details
Days on Market121
Property Features for 423 Monroe Street
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
HFO Investment Real Estate
(971) 717-6344
Listed By:
Jack Stephens · License #OR 201203808
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 4:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HFO Investment Real Estate
Investment Insights
Based on property information with market context.
Monroe Manor is an apartment building constructed in 1966. The property features a total of nine units, consisting of three one-bedroom apartments and six two-bedroom apartments.
The building is located in the McLoughlin neighborhood of Oregon City and is described as being convenient to restaurants, breweries, parks, and the city library. Local favorites cited in the remarks include Mike’s Drive-In and Tony’s Fish Market.
As presented, Monroe Manor operates with rents that currently average $1,061 per unit (or $1.33 per square foot). The ownership remarks also reference the potential for rent upside and highlight management style as factors some investors consider.
The building is located in the McLoughlin neighborhood of Oregon City and is described as being convenient to restaurants, breweries, parks, and the city library. Local favorites cited in the remarks include Mike’s Drive-In and Tony’s Fish Market.
As presented, Monroe Manor operates with rents that currently average $1,061 per unit (or $1.33 per square foot). The ownership remarks also reference the potential for rent upside and highlight management style as factors some investors consider.
Key Highlights
- Built in 1966 apartment building in Oregon City
- Unit mix: 3 one‑bedroom units and 6 two‑bedroom units
- Current rents average $1,061 per unit and $1.33 per square foot
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,310
Businesses Nearby
Explore this area
Business Placement
Demographics for 97045, OR
57,403
Population
21,702
Households
2.6
Avg Household Size
41
Median Age
33%
College-Educated
95%
High-School Grad
86.8 sq mi
ZIP Area
661
Density / Sq Mi
$100,388
Median Household Income
$49,342
Median Earnings
$1,600
Median Rent
$563,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Built in 1966, the property offers three one-bedroom and six two-bedroom apartment units.
Where is this apartment building located?
The property is located at 423 Monroe Street Oregon City, OR.
What are key features of this property?
This property features: Built in 1966 apartment building in Oregon City; Unit mix: 3 one‑bedroom units and 6 two‑bedroom units; Current rents average $1,061 per unit and $1.33 per square foot
