Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

271 Clay St E Monmouth, OR 97361

FOR SALE
Apartment buildings
Property ID
US71-0669722
4,416 SF 0.3 ac lot Built 1963
Last sale Dec 2011 · $264,900
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$320k
Assessed land$57k
Assessed improvement$263k
Effective rate1.82%

Value estimate

· Oct 2026
$295k
$266k – $325k
NOI build-up
Gross scheduled income$95k
Vacancy & credit loss−$7k
Operating expenses−$40k
NOI · 5.43% cap applied$49k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$156/SF
County average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$102 – $199

Cap rate analysis

How does the asset earn?
5.43%
$49k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RH
The purpose of the high-density residential (RH) zone is to define and protect areas suitable for medium and high-density residential use...
General categoryRESIDENTIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath9.4
Tailor Shop9.1
Skin Care Clinic9.0

Location

271 Clay St E Monmouth, OR 97361
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
375 Main W, Monmouth, OR 97361-2049 $1,250,000 Aug 2025 6,148 SF
285 Broad N, Monmouth, OR 97361-1412 $899,000 Jan 2022 4,721 SF
294 Stadium N, Monmouth, OR 97361-1352 $1,659,000 Jul 2021 5,704 SF
289 Warren S, Monmouth, OR 97361-2163 $848,200 Jan 2020 6,084 SF
475 Jackson W, Monmouth, OR 97361-1348 $580,000 Sep 2019 6,208 SF
166 Jackson E, Monmouth, OR 97361-1449 $1,020,000 Feb 2019 3,744 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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