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    Monmouth, OR
    Quadplex

    Monmouth, OR Quadplexes for Sale

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    Independence, OR Salem, OR Dallas, OR Rickreall, OR Falls City, OR Jefferson, OR Turner, OR Amity, OR
    Four-Plex Residential Income Property
    Updated: Mar 18, 2025
    Four-Plex Residential Income Property

    297 Main St W, Monmouth, OR 97361

    $899,990
    3,280 sqft 0.21 AC lot
    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
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    This listing looks promising.

    Here's a quick look at some key insights for

    297 Main St W, Monmouth, OR 97361

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    • Est. Cap Rate

      4.4%
      NOI ÷ price

    • Est. NOI

      $39K
      Annual

    • Mortgage

      $638K
      Sep 2023

    • Last Sold

      Sep 2023
      $675K

    • Property Type

      Quadplex
      Built 1971
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Monmouth, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Fourplex Residential Income Property
    Fourplex Residential Income Property

    224 C St, Independence, OR 97351

    $799,900
    4,320 sqft 0.23 AC lot

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

    View details
    Independence Fourplex Near River Park
    Independence Fourplex Near River Park

    224 C St, Independence, OR 97351

    $825,000
    4,320 sqft 0.23 AC lot

    Fourplex in Independence near Main Street and river.

    View details
    New Multifamily Infill Development
    New Multifamily Infill Development

    1380 Saginaw St S, Salem, OR 97302

    Contact for pricing
    2,884 sqft

    New multifamily property in desirable location near central business district.

    View details
    Single-Story 4-Unit Residential Property
    Single-Story 4-Unit Residential Property

    1505 Bonnie Wy, Salem, OR 97305

    $795,000

    Four individual single-story 2-bedroom homes each include dedicated parking and separate electric and water metering.

    View details

    Monmouth, OR Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Monmouth, OR on our real estate platform. These investment opportunities span a total of 3,280 square feet of properties for sale, with an estimated market value of $899,990.

    Sale prices for four-unit buildings in Monmouth, OR average $899,990 — 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

    Apartment buildings 3
    Duplexes 1
    Quadplexes 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 $900K

    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%

    Listings Trend

    New vs delisted commercial listings in Polk County

    New Delisted

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