406 Madrona (-408) St E, Monmouth, OR 97361

Monmouth
Local realty services provided by:Knipe Realty ERA Powered
Listed by: lisa ann scheirmanAgent: 503-949-2411
Office: homesmart realty group - monmouth
MLS#:835893
Source:OR_WVMLS
406 Madrona (-408) St E,Monmouth, OR 97361
$600,000Last list price
  • - Beds
  • 5 Baths
  • - sq. ft.
  • Multi-family
  • Sold

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Price summary

  • Price:$600,000

About this home

Well-located 4 bed, 2.5 bath duplex in an established neighborhood with proven rental history. Gross rents $4,250–$4,300/mo, tenants pay all utilities, supporting strong cap-rate potential. Each unit includes a single-car garage, gas fireplace, gas heat, canned lighting, ½ bath on main and 2 full baths up. Low-maintenance Hardi-plank exterior, shingled peaks, comp roof. Interior W/D, fenced yard. Easy commute to Salem, Albany & Corvallis. Professionally managed.

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Home facts

  • Year built:1997
  • Listing ID #:835893
  • Added:103 day(s) ago
  • Updated:April 03, 2026 at 06:54 AM

Rooms and interior

  • Total bathrooms:5
  • Flooring:Carpet, Vinyl
  • Dining Description:Combination Dining Area
  • Kitchen Description:Dishwasher, Microwave Included, Range Included, Range: Electric

Structure and exterior

  • Roof:Composition
  • Year built:1997
  • Lot Features:Dimension Above
  • Construction Materials:Fiber Cement
  • Exterior Features:Covered Patio, Fenced Yard, Underground Sprinklers
  • Foundation Description:Continuous

Schools

  • High school:Central
  • Middle school:Talmadge

Utilities

  • Water:City

Finances and disclosures

  • Price:$600,000
  • Tax amount:$5,460 (2025)
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.

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