271 E Clay St, Monmouth, OR 97361

$950,000
  • 271 E Clay St, Monmouth, OR 97361 Main Photo

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New to the Market Active

Listing Courtesy of: COLDWELL BNKR/COMMERCIAL DIV
Agency Contact: Agent: 503-587-4777
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BEDS11 BATHS6 SQUARE FEET4,416 MLS#841787
STATUS PROPERTY TYPEMulti Unit - Multiple

Property Description

Introducing 271 Clay Street East, a well-appointed multifamily residence offering acompelling ownership opportunity in Monmouth. The building showcases efficient floor plans, complemented by recent capital improvements (some units have undergone flooring, door, and cabinet updates), and a new membrane roof. This asset delivers a stable rental stream with potential for additional upside, making it an attractive addition to any multifamily portfolio seeking consistent returns and low management complex. 100% leased investmentEstimated NOI of $57,578Contact Brokers for full Rent Roll and Income/Expenses

Property Features

Property Type: Multi Unit - Multiple
Fenced: Yes
Lot Size: 0.30 Acres
Year Built: 1963

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Unit 3:
Bathroom(s): 1
Bedrooms: 2
Unit 4:
Bathroom(s): 1
Bedrooms: 2
Unit 5:
Bathroom(s): 1
Bedrooms: 2

Feature Descriptions

Dishwasher: Yes
Fencing: Partial
Flooring: Carpet, Laminate, Luxury Vinyl Plank
Foundation: Continuous
Heating/Cooling: Wall Furnace
Lot Dimensions: 0.3 Acre(s)
Patio: Deck
Price Per Square Foot: 215.13
Property Use: Investment
Range: Electric
Sewer: City
Units: 6
Water: City

Listed By / Shown By

Listed By

Agency Name: COLDWELL BNKR/COMMERCIAL DIV
Agency Contact: Agent: 503-587-4777

Shown By

Agent Name: David Suprono
Agent Phone: (541) 760-5096
Agency Title: Coldwell Banker Valley Brokers

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Estimated Payment

$ 2,391.37 per month $2,114.29 Principal & Interest $0.00 Property Tax (data not provided by mls) $277.08 Homeowner's Insurance

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