271 E Clay St, Monmouth, OR 97361

Monmouth
Local realty services provided by:Knipe Realty ERA Powered
Listed by: alex rhoten, kelsi sandsAgent: 503-587-4777
Office: coldwell bnkr/commercial div503-588-3508
MLS#:841787
Source:OR_WVMLS
271 E Clay St,Monmouth, OR 97361
$950,000
  • - Beds
  • 6 Baths
  • 4,416 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$950,000
  • Price per sq. ft.:$215.13

About this home

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

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Home facts

  • Year built:1963
  • Listing ID #:841787
  • Added:73 day(s) ago
  • Updated:August 15, 2026 at 02:59 PM

Rooms and interior

  • Total bathrooms:6
  • Flooring:Carpet, Laminate
  • Kitchen Description:Dishwasher, Range: Electric
  • Living area:4,416 sq. ft.

Structure and exterior

  • Year built:1963
  • Building area:4,416 sq. ft.
  • Lot area:0.3 Acres
  • Exterior Features:Deck, Partial Fenced Yard, Underground Sprinklers
  • Foundation Description:Continuous

Utilities

  • Water:City

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$215.13
MLS LogoBased on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. OR_WVMLS Member Broker: Jeff Knipe

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