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For Sale
100% Leased Monmouth 6-Plex
271 Clay Street East,
Monmouth, OR 97361
Monmouth, OR 97361
Asset Snapshot
1963
Year Built
2
Floor Count
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
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