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    Monmouth, OR Multifamily Properties for Sale

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    Independence, OR Dallas, OR Salem, OR
    Brand-New Triplex Near University
    $960,000
    4,170 SF
    Brand-New Triplex Near University

    228-230-232 W Clay St, Monmouth, OR 97361

    Newly constructed triplex with modern units and appliances, positioned near Western Oregon University and Monmouth’s downtown.
    • Brand‑new triplex under construction with a 2025 build year
    • Triplex location about two blocks from Western Oregon University
    • Includes carpet and vinyl flooring throughout
    • Ductless (heating) system
    • Roof features composition/shingle roofing
    Updated: Jan 5
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    Four-Plex Residential Income Property
    $899,990
    3,280 SF
    Four-Plex Residential Income Property

    297 Main St W, Monmouth, OR 97361

    Four-plex with updated tenant laundry, outdoor living spaces, and a roof replacement scheduled at closing.
    • 4‑plex built in 1971 with shingle/composition roof
    • Location: 2 blocks from WOU campus and 1 block from downtown Monmouth
    • HUD capable: 2 of 4 units currently HUD with scheduled increases
    • Updated in‑house laundry facilities with tenant access
    • Remodels: 3 of 4 units completely remodeled; includes upstairs balconies and lower patios
    Updated: Mar 18, 2025
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    Well-Built Duplex in Monmouth, Oregon
    $625,000
    0.13 Acres
    Well-Built Duplex in Monmouth, Oregon

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

    406 Madrona (-408) St E, Monmouth, OR 97361

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Monmouth, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fourplex Residential Income Property
    $825,000
    4,320 SF
    Fourplex Residential Income Property

    Four separate units with in-unit laundry hookups and three-bedroom layouts, suited for steady rental housing.

    224 C St, Independence, OR 97351

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    Townhome-Style Duplex with Private Yard
    $525,000
    2,332 SF
    Townhome-Style Duplex with Private Yard

    Townhome-style duplex offers gas fireplace living, laundry, and fenced backyards for privacy and practical rental appeal.

    1416 FALCON Loop, Independence, OR 97351

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    Newer Multifamily Building in Salem
    $1,295,000
    5,985 SF
    Newer Multifamily Building in Salem

    Six-unit multifamily property in master-planned sustainable community.

    2195 Audubon Avenue Southeast, Salem, OR 97302

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    Class A Office Building Suites
    $2,250,000
    615 SF
    Class A Office Building Suites

    Two professional office suites with private offices and shared amenities.

    3155 River Rd S, Salem, OR 97302

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Coastal Resort Lot with Amenities
    $125,000
    Coastal Resort Lot with Amenities

    Back-in lot near clubhouse with resort amenities and beach access.

    6225 N Coast Hwy Lot 195, Newport, OR 97365

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    Treed Lot in Molalla
    $59,000
    Treed Lot in Molalla

    Treed 5,000+ sqft lot in established subdivision.

    15634 S FAWN VIEW Way, Molalla, OR 97038

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    Residential Lot in Molalla, Oregon
    $59,000
    Residential Lot in Molalla, Oregon

    Affordable residential lot in established subdivision. Tenant occupied.

    15646 S FAWN VIEW Way, Molalla, OR 97038

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    Residential Lot in Molalla, Oregon
    $95,000
    Residential Lot in Molalla, Oregon

    12,000+ sqft lot in established subdivision, tenant-occupied.

    35556 S AQUA SPRINGS Rd, Molalla, OR 97038

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    Off-Market Properties in Monmouth, OR

    Consider similar Off-Market properties in Monmouth, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    505 Jackson W St
    APARTMENT HOUSE (5+ UNITS)
    2,880 SF Lot: 0.74 Acres
    Value Estimation by Request

    505 Jackson W St, Monmouth, OR 97361-1310

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    287 College S St, Unit 10
    APARTMENT HOUSE (5+ UNITS)
    1,008 SF Lot: 0.37 Acres
    Value Estimation by Request
    Unit 10

    287 College S St, Monmouth, OR 97361-2064

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    375 Main W St, Unit 10
    APARTMENT HOUSE (5+ UNITS)
    6,148 SF Lot: 0.38 Acres
    Estimated value
    $1,125,000
    Unit 10

    375 Main W St, Monmouth, OR 97361-2049

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    163 Catron N St, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    1,395 SF Lot: 0.43 Acres
    Value Estimation by Request
    Unit 1

    163 Catron N St, Monmouth, OR 97361-2301

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    1350 Alberta E Ave
    APARTMENT HOUSE (5+ UNITS)
    7,360 SF Lot: 0.77 Acres
    Estimated value
    $810,000

    1350 Alberta E Ave, Monmouth, OR 97361-1609

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    302 Monmouth S Ave, Unit 10
    APARTMENT HOUSE (5+ UNITS)
    15,048 SF Lot: 0.60 Acres
    Estimated value
    $2,140,000
    Unit 10

    302 Monmouth S Ave, Monmouth, OR 97361-2165

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    160 Whitman N St, Unit 10
    APARTMENT HOUSE (5+ UNITS)
    13,052 SF Lot: 0.69 Acres
    Estimated value
    $1,910,000
    Unit 10

    160 Whitman N St, Monmouth, OR 97361-1335

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    53 Gentle W Ave, Unit 31
    APARTMENT HOUSE (5+ UNITS)
    6,528 SF Lot: 0.30 Acres
    Estimated value
    $630,000
    Unit 31

    53 Gentle W Ave, Monmouth, OR 97361-1007

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    373 Catron N St, Unit 21
    APARTMENT HOUSE (5+ UNITS)
    12,696 SF Lot: 1.14 Acres
    Estimated value
    $2,150,000
    Unit 21

    373 Catron N St, Monmouth, OR 97361-1509

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    254 Powell E St, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    1,488 SF Lot: 0.31 Acres
    Value Estimation by Request
    Unit 1

    254 Powell E St, Monmouth, OR 97361-1465

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    339 Jackson W St, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    12,760 SF Lot: 0.63 Acres
    Estimated value
    $1,140,000
    Unit 1

    339 Jackson W St, Monmouth, OR 97361-1350

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    262 Stadium N Dr, Unit 10
    APARTMENT HOUSE (5+ UNITS)
    30,935 SF Lot: 1.02 Acres
    Estimated value
    $3,550,000
    Unit 10

    262 Stadium N Dr, Monmouth, OR 97361-1385

    View details
    652 Jackson E St
    APARTMENT HOUSE (5+ UNITS)
    11,520 SF Lot: 0.45 Acres
    Estimated value
    $845,000

    652 Jackson E St, Monmouth, OR 97361-1811

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    272 College S St, Unit 10
    APARTMENT HOUSE (5+ UNITS)
    34,368 SF Lot: 1.38 Acres
    Estimated value
    $4,115,000
    Unit 10

    272 College S St, Monmouth, OR 97361-2059

    View details
    285 Broad N St
    APARTMENT HOUSE (5+ UNITS)
    4,721 SF Lot: 0.25 Acres
    Estimated value
    $850,000

    285 Broad N St, Monmouth, OR 97361-1412

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    180 Ackerman W St, Unit 21
    APARTMENT HOUSE (5+ UNITS)
    19,270 SF Lot: 1.19 Acres
    Estimated value
    $1,560,000
    Unit 21

    180 Ackerman W St, Monmouth, OR 97361-2103

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    471 Monmouth S Ave, Unit 10
    APARTMENT HOUSE (5+ UNITS)
    15,682 SF Lot: 1.03 Acres
    Estimated value
    $1,265,000
    Unit 10

    471 Monmouth S Ave, Monmouth, OR 97361-2153

    View details
    280 Warren S St, Unit 10
    APARTMENT HOUSE (5+ UNITS)
    12,600 SF Lot: 0.63 Acres
    Estimated value
    $1,035,000
    Unit 10

    280 Warren S St, Monmouth, OR 97361-2161

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    739 Jackson W St, Unit 10
    APARTMENT HOUSE (5+ UNITS)
    12,460 SF Lot: 0.72 Acres
    Estimated value
    $1,335,000
    Unit 10

    739 Jackson W St, Monmouth, OR 97361-1340

    View details
    319 Ecols N St
    APARTMENT HOUSE (5+ UNITS)
    7,576 SF Lot: 0.24 Acres
    Estimated value
    $930,000

    319 Ecols N St, Monmouth, OR 97361-1457

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    294 Stadium N Dr, Unit 1
    APARTMENT HOUSE (5+ UNITS)
    5,704 SF Lot: 0.46 Acres
    Estimated value
    $1,700,000
    Unit 1

    294 Stadium N Dr, Monmouth, OR 97361-1352

    View details

    Monmouth, OR Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Monmouth, OR, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,450 square feet of properties for sale, with an estimated market value of $1,859,990.

    Sale prices for multifamily properties in Monmouth, OR start at $899,990, averaging $929,995, and reaching up to $960,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 14K
    Population Growth (5Y) +15.4%
    Median Household Income $70,625
    College Educated 39.6%

    High-Yield Neighborhoods for Investment

    Identify Monmouth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    97361 $828.3K

    Taxes & Financing

    Tax Rate (average for all types) 1.80%
    Property Tax per SF $10.53 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

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