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Property profile & analytics
OFF-MARKET Estimated value $2,150,000
Apartment buildings

373 Catron N St 21 Monmouth, OR 97361-1509

12,696 SF 1.14 ac lot Built 1983
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US71-0613610
Property profile
Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1983
Total area 12,696 SF
Lot 1.14 ac (49,658 SF)
Zoning code RH
APN 08430-BB-03301
UPID US71-0613610
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Village Senior Apartments Apartment Building Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.15M
CAP Approach CAP
$2.16M
Comparable Approach Comparable
$2.52M
Blend (final) Blend
$2.15M
Owner & transaction history
Vier Sterne 24 LLC · 1 yrs held
Vier Sterne 24 LLC
since 2024
Last sale
$2.2M
3 recorded transactions
2024
$2.2M
2024
$2.2M
2010
$1.2M
Zoning & alternative use
RH · Monmouth, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of the high-density residential (RH) zone is to define and protect areas suitable for medium and high-density residential uses. (4) The mixed-density (MX) residential zone is intended primarily as a residential area with supporting and complementary commercial and public uses. The purpose of the mixed density (MX) residential zone is to provide t…

Zone name High Density Residential
General category RESIDENTIAL
Zone area 88.83 ac
Top alternative use upside
Office building $2.6M +31.0%
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