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    Monmouth, OR
    Residential Income

    Monmouth, OR Residential Income Properties for Sale

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    Independence, OR Salem, OR Dallas, OR Rickreall, OR Falls City, OR Jefferson, OR Turner, OR Amity, OR
    6 properties
    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
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    Multifamily Apartment Community
    Updated: Apr 25
    Multifamily Apartment Community

    302 South Monmouth Avenue, Monmouth, OR 97361

    $2,350,000
    15,048 sqft
    15‑unit apartment community in central Monmouth on 0.60 acres
    Unit mix includes (14) 2 bed/1 bath and (1) 1 bed/1 bath
    20 off‑street parking spaces
    Year built 1969 and 2‑story building
    Upgrades include new roofs and exterior paint
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    Student Housing Townhouse Portfolio
    Student Housing Townhouse Portfolio

    501-529 Warren St S, Monmouth, OR 97361

    Contact for pricing
    10,696 sqft 0.62 AC lot

    Nine townhouses and apartments in two buildings, built in 2005, with 100% occupancy near Western Oregon University.

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    Student Housing Townhouse Community
    Student Housing Townhouse Community

    371 Ecols St N, Monmouth, OR 97361

    Contact for pricing
    6,920 sqft

    Five 4-bedroom, 3-bath townhouse-style units built in 2003, currently 100% occupied.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Multifamily Income Property
    Multifamily Income Property

    271 Clay St E, Monmouth, OR 97361

    Contact for pricing
    4,416 sqft

    Multifamily residence with efficient floor plans, recent unit updates, and a new membrane roof.

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    Well-Built Duplex in Monmouth, Oregon
    Well-Built Duplex in Monmouth, Oregon

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

    $595,000
    0.13 AC lot

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

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Monmouth, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 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
    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.

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    Townhome-Style Duplex with Backyards
    Townhome-Style Duplex with Backyards

    1416 FALCON Loop, Independence, OR 97351

    $500,000
    2,332 sqft

    Townhome-style duplex features open living, a gas fireplace, and private fenced backyards with upstairs private decks.

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    Two-Unit Duplex with 2 Bed/2 Bath
    Two-Unit Duplex with 2 Bed/2 Bath

    209 SE Stone -211 Ln, Dallas, OR 97338

    $525,000
    2,006 sqft 0.20 AC lot

    Duplex offers two units, each with two bedrooms and two full bathrooms, including a private primary bath.

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    Well-Maintained Triplex
    Well-Maintained Triplex

    170 SW Levens St, Dallas, OR 97338

    $600,000

    This well-maintained triplex offers three units with two bedrooms, in-unit laundry, and private patios.

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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.

    Independence, OR Land Opportunity
    Independence, OR Land Opportunity

    Jefferson St, Independence, OR 97351

    $4,500,000
    30.00 AC lot

    30 acre MX zoned land in Independence, Oregon.

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    81 Acres of Forest Land
    81 Acres of Forest Land

    Oakdale Rd, Dallas, OR 97338

    $810,000
    81.00 AC lot

    81-acre forest land with timber and residential potential.

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    South Salem 5-Acre Land Parcel
    South Salem 5-Acre Land Parcel

    1 Ballyntyne Rd, Salem, OR 97302

    $495,000
    5.00 AC lot

    Flat, usable land in South Salem with building possibilities.

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    Residential Land in Salem, Oregon
    Residential Land in Salem, Oregon

    NW Doaks Ferry Rd, Salem, OR 97304

    $175,000
    0.24 AC lot

    0.24 acre lot, close to city services.

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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)

    505 Jackson W St, Monmouth, OR 97361-1310

    Value Estimation by Request
    2,880 sqft 0.74 AC lot
    View details
    287 College S St, Unit 10
    APARTMENT HOUSE (5+ UNITS)

    287 College S St, Monmouth, OR 97361-2064

    Unit 10
    Value Estimation by Request
    1,008 sqft 0.37 AC lot
    View details
    375 Main W St, Unit 10
    APARTMENT HOUSE (5+ UNITS)

    375 Main W St, Monmouth, OR 97361-2049

    Unit 10
    $1,125,000
    Estimated value
    6,148 sqft 0.38 AC lot
    View details
    163 Catron N St, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    163 Catron N St, Monmouth, OR 97361-2301

    Unit 1
    Value Estimation by Request
    1,395 sqft 0.43 AC lot
    View details
    1350 Alberta E Ave
    APARTMENT HOUSE (5+ UNITS)

    1350 Alberta E Ave, Monmouth, OR 97361-1609

    $810,000
    Estimated value
    7,360 sqft 0.77 AC lot
    View details
    302 Monmouth S Ave, Unit 10
    APARTMENT HOUSE (5+ UNITS)

    302 Monmouth S Ave, Monmouth, OR 97361-2165

    Unit 10
    $2,140,000
    Estimated value
    15,048 sqft 0.60 AC lot
    View details
    160 Whitman N St, Unit 10
    APARTMENT HOUSE (5+ UNITS)

    160 Whitman N St, Monmouth, OR 97361-1335

    Unit 10
    $1,910,000
    Estimated value
    13,052 sqft 0.69 AC lot
    View details
    53 Gentle W Ave, Unit 31
    APARTMENT HOUSE (5+ UNITS)

    53 Gentle W Ave, Monmouth, OR 97361-1007

    Unit 31
    $630,000
    Estimated value
    6,528 sqft 0.30 AC lot
    View details
    373 Catron N St, Unit 21
    APARTMENT HOUSE (5+ UNITS)

    373 Catron N St, Monmouth, OR 97361-1509

    Unit 21
    $2,150,000
    Estimated value
    12,696 sqft 1.14 AC lot
    View details
    254 Powell E St, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    254 Powell E St, Monmouth, OR 97361-1465

    Unit 1
    Value Estimation by Request
    1,488 sqft 0.31 AC lot
    View details
    339 Jackson W St, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    339 Jackson W St, Monmouth, OR 97361-1350

    Unit 1
    $1,140,000
    Estimated value
    12,760 sqft 0.63 AC lot
    View details
    262 Stadium N Dr, Unit 10
    APARTMENT HOUSE (5+ UNITS)

    262 Stadium N Dr, Monmouth, OR 97361-1385

    Unit 10
    $3,550,000
    Estimated value
    30,935 sqft 1.02 AC lot
    View details
    652 Jackson E St
    APARTMENT HOUSE (5+ UNITS)

    652 Jackson E St, Monmouth, OR 97361-1811

    $845,000
    Estimated value
    11,520 sqft 0.45 AC lot
    View details
    272 College S St, Unit 10
    APARTMENT HOUSE (5+ UNITS)

    272 College S St, Monmouth, OR 97361-2059

    Unit 10
    $4,115,000
    Estimated value
    34,368 sqft 1.38 AC lot
    View details
    285 Broad N St
    APARTMENT HOUSE (5+ UNITS)

    285 Broad N St, Monmouth, OR 97361-1412

    $850,000
    Estimated value
    4,721 sqft 0.25 AC lot
    View details
    180 Ackerman W St, Unit 21
    APARTMENT HOUSE (5+ UNITS)

    180 Ackerman W St, Monmouth, OR 97361-2103

    Unit 21
    $1,560,000
    Estimated value
    19,270 sqft 1.19 AC lot
    View details
    471 Monmouth S Ave, Unit 10
    APARTMENT HOUSE (5+ UNITS)

    471 Monmouth S Ave, Monmouth, OR 97361-2153

    Unit 10
    $1,265,000
    Estimated value
    15,682 sqft 1.03 AC lot
    View details
    280 Warren S St, Unit 10
    APARTMENT HOUSE (5+ UNITS)

    280 Warren S St, Monmouth, OR 97361-2161

    Unit 10
    $1,035,000
    Estimated value
    12,600 sqft 0.63 AC lot
    View details

    Monmouth, OR Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Monmouth, OR, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 40,360 square feet of properties for sale, with an estimated market value of $3,844,990.

    Sale prices for residential income properties in Monmouth, OR start at $595,000, averaging $1,281,663, and reaching up to $2,350,000 — 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

    Multifamily properties 7
    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 $762.5K

    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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