Search
Well-Built Duplex in Monmouth, Oregon
For Sale
$595,000

406 Madrona -408 St E, Monmouth, OR 97361

Four-bedroom duplex with garages, low maintenance, professionally managed.

Property SizeContact for details
Lot Size0.13 Acres
Days on Market243

Property Features for 406 Madrona -408 St E

General Information

Standard status Active
Lot size 0.13 Acres
Property subtype Duplex

Amenities

Fireplace
Forced Air
Central Air
Washer/Dryer
Dishwasher
Refrigerator
Electric Range
Microwave
Range Included
Patio, Porch, Composition

Building Details

Year Built 1997
Listing Agency: HOMESMART REALTY GROUP - MONMOUTH
Listed By: LISA ANN SCHEIRMAN · License #200503017
Source: Kw
Added: Dec 20, 2025 Changed: Aug 14 Last Checked: Aug 18 at 10:29PM

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 HOMESMART REALTY GROUP - MONMOUTH

Investment Insights

Based on property information with market context.

Located in an established neighborhood with a history of rentals, this duplex is suitable for investment or owner-occupancy. The property features a well-built four-bedroom, two-and-a-half-bath duplex, with each unit having a single-car garage. Interior features include a gas fireplace, gas heating, and canned lights. There is a half-bath downstairs and two full baths upstairs. The exterior is constructed with Lap Hardi-plank and shingled siding on the peaks, along with a composition roof, designed for low maintenance. Each unit includes an interior washer and dryer area and a fenced yard. Tenants are responsible for utilities. The location provides an easy commute to Salem, Albany, Corvallis, or McMinnville. The property is professionally managed.

Key Highlights

  • Duplex: Investment property or owner‑occupied with rental income potential.
  • 4 bed/2.5 bath layout with single‑car garages for each unit.
  • Low‑maintenance exterior: Lap Hardi‑plank, shingled siding, and composition roof.

Property Analytics

Current Use

Duplexes

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 97361, OR

13,412
Population
4,858
Households
2.8
Avg Household Size
29
Median Age
28%
College-Educated
94%
High-School Grad
132.9 sq mi
ZIP Area
101
Density / Sq Mi
$70,625
Median Household Income
$28,812
Median Earnings
$1,128
Median Rent
$407,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Four-bedroom duplex with garages, low maintenance, professionally managed.
Where is this duplex located?
The property is located at 406 Madrona -408 St E Monmouth, OR.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Duplex: Investment property or owner‑occupied with rental income potential.; 4 bed/2.5 bath layout with single‑car garages for each unit.; Low‑maintenance exterior: Lap Hardi‑plank, shingled siding, and composition roof.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message