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160 WHITMAN ST Monmouth, OR $ 2,350,000
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$ 2,350,000 Get more info
160 WHITMAN ST
$ 2,350,000
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160 WHITMAN ST

Monmouth, OR, 97361
$ 2,350,000
Bedrooms3 Baths2.0

Monthly Estimate*

$ 14,469

160 WHITMAN ST, Monmouth, OR 97361 - Image 1
160 WHITMAN ST, Monmouth, OR 97361 - Image 2
160 WHITMAN ST, Monmouth, OR 97361 - Image 3
160 WHITMAN ST, Monmouth, OR 97361 - Image 4
160 WHITMAN ST, Monmouth, OR 97361 - Image 5
160 WHITMAN ST, Monmouth, OR 97361 - Image 6
160 WHITMAN ST, Monmouth, OR 97361 - Image 7
160 WHITMAN ST, Monmouth, OR 97361 - Image 8

Multi-Family Home for sale in Monmouth, OR

for $2,350,000 with 3 bedrooms and 2 full baths. This home was built in 1964 on a lot size of 0.69.

The Whitman 16 is a value-add 16-unit property directly adjacent to Western Oregon University. The property features (12) large 2 bed / 1 bath units and (4) 1 bed / 1 bath units situated on 0.69 acres. Property has a brand-new exterior, new siding, paint, windows, doors, and roofs. Most recent leases at $1,350 puts projected NOI at $166,896 and a 7.27% cap rate.Please do not disturb the residents.Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.

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Multi-Family Active

Price

$ 2,350,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 14,540

Style

Lot Size

0.69

Year Built

1964

Town/City

Monmouth

County/Region

Polk

MLS | Web ID

274133244
Features
General
Sewer PublicSewer
Heating Other
Cooling Other
Zoning RH
Year Built 1964
Stories Count 2
Tax Year 2025
Parcel Number 193872
Gross Income 0
County Polk
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes None
Status Active
Directions Whitman
High School Central
City Monmouth
Number Of Units Total 16
MLS Area _167
Lot Size Square Feet 30056.0
Listing Terms Cash Conventional FHA VALoan
Elementary School Monmouth
Tax Annual Amount 14540.34
Middle/Junior High School Talmadge
Property Condition Approximately
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 10 - 19 UNITS
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Exterior
Water Source PublicWater
Exterior Description Other
Lot Size Acres 0.69
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Interior
Hot Water Other
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit Type UnitTypeType1 UnitTypeType2
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Internal Only
Street Number 1 160
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* Excluded Features
List By
Smi Commercial Real Estate Llc

Broker

eric@smire.com

Email

Affordability Calculator

$15,681
Per Month
92%
8%
0%
Monthly Principal & Interest
$14,469
Monthly Property Taxes
$1,212
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/1/2026$2,350,000 Listed Price

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160 WHITMAN ST, Monmouth, OR, 97361 is a Multi-Family Home for sale at $2,350,000 with a lot size of 0.69. 160 WHITMAN ST has 3 bedrooms, 2.0 baths, and was built in 1964. The property's zip code is 97361 which is in Monmouth, OR

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