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271 E CLAY ST Monmouth, OR $ 949,949
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$ 949,949 Get more info
271 E CLAY ST
$ 949,949
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Share Save

271 E CLAY ST

Monmouth, OR, 97361
$ 949,949
Bedrooms11 Baths6.0 Sq 4,416

Monthly Estimate*

$ 5,926

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Multi-Family Home for sale in Monmouth, OR

for $949,949 with 11 bedrooms and 6 full baths. This 4,416 square foot home was built in 1963 on a lot size of 0.3.

Exciting investment opportunity! Updated 6-plex in the heart of Monmouth, less than a mile from WOU. Originally designed w/ 5 units, but its value has recently enhanced with addition of a 6th unit, completed in 3/2023. 5 units feature 2 beds/1 bath. 6th unit, with modern finishes offers 1 bed/1 bath. Professionally managed since 2022, this complex is maintained & overseen with great care. NEW ROOF!

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Multi-Family Active

Price

$ 949,949

Bedrooms

11

Full Bath

6

Property Type

Multi-Family

Taxes

$ 5,597

Style

Lot Size

0.3

Year Built

1963

Town/City

Monmouth

County/Region

Polk

MLS | Web ID

399276179
Features
General
Sewer PublicSewer
Heating Zoned
Roof Membrane
Zoning RH
Year Built 1963
Stories Count 2
Tax Year 2024
Parcel Number 190264
Gross Income 80400.0
County Polk
Net Operating Income 68955.0
Operating Expense 11445.0
Property Type MultiFamily
HOA N
Rent Includes MaintenanceGrounds Sewer TrashCollection Water
Status Active
Directions Hwy 99W West on Clay St E Property is on the South sideof the street between BroadSt S and Knox St
High School Central
City Monmouth
Number Of Units Total 6
MLS Area _167
Lot Size Square Feet 13068.0
Listing Terms Cash Conventional
Elementary School Monmouth
Tax Annual Amount 5597.09
Middle/Junior High School Talmadge
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 5 - 9 UNITS
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Interior
Basement None
Hot Water Electricity
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 2
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 1
Unit 4 Beds Total 2
Unit 5 Beds Total 2
Unit 6 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4 UnitTypeType5 UnitTypeType6
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Exterior
Parking Features OffStreet
Lot Features Level
Water Source PublicWater
Exterior Description T111Siding WoodSiding
Foundation Details ConcretePerimeter
Building Area Total 4416.0
Lot Size Acres 0.3
Road Surface Type Paved
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Internal Only
Street Number 1 271
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* Excluded Features
List By
The Salem Real Estate Group

Broker

Dewey@TheSalemRealEstateGroup.com

Email

Affordability Calculator

$6,393
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,926
Monthly Property Taxes
$466
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950897 Elementary School
1950978 Middle School
Central High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/31/2025$949,949 -1.94% Price Down
10/15/2025$968,765 -0.51% Price Down
10/8/2025$973,765 -0.51% Price Down
10/1/2025$978,765 -0.51% Price Down
9/24/2025$983,765 -0.51% Price Down
9/17/2025$988,765 -0.50% Price Down
9/11/2025$993,765 -0.50% Price Down
8/7/2025$998,765 Listed Price

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271 E CLAY ST, Monmouth, OR, 97361 is a Multi-Family Home for sale at $949,949 with 4,416 sqft and a lot size of 0.3. 271 E CLAY ST has 11 bedrooms, 6.0 baths, and was built in 1963. The property's zip code is 97361 which is in Monmouth, OR

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