For Sale

100% Leased Monmouth 6-Plex

271 Clay Street East,
Monmouth, OR 97361
Represented by
Mountain West Real Estate

Asset Snapshot

Upper Mid-Scale
Multifamily Subtype
1963
Year Built
2
Floor Count
0.30 Acres
Land Area
6 Units
Unit Count
0 SF
Average Unit Size
4,416 SF
Property Size
100%
Occupancy

Offering Summary

Investment Overview

Introducing 271 Clay Street East, a well-appointed multifamily residence offering a compelling ownership opportunity in Monmouth. The building showcases efficient floor plans, complemented by recent capital improvements (some units have undergone flooring 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.


Investment Highlights

  • New Roof
  • 100% leased investment
  • Close to Western Oregon University
  • Estimated NOI of $53,207
  • Contact Broker for full Rent Roll and Income/Expenses
  • 5 units @ 2bd/1ba + 1 unit @ 1bd/1ba

How it Works

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Listing Syndicated From

Buildout
For Sale
$899,000
Asking Price

Investment Sales Broker

Alex Rhoten
Mountain West Real Estate