501 Warren St S, Monmouth, OR 97361

Monmouth
Local realty services provided by:Knipe Realty ERA Powered
Listed by: conrad ventiCell: 503-559-2694
Office: first commercial real estate503-364-7400
MLS#:840281
Source:OR_WVMLS
501 Warren St S,Monmouth, OR 97361
$2,495,000
  • - Beds
  • - Baths
  • 10,696 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,495,000
  • Price per sq. ft.:$233.26

About this home

The Warren Street Townhouses is a 9-unit student housing portfolio located inMonmouth, Oregon. Built in 2005, the asset consists of two residential buildingshousing eight large-format 4-bedroom, 3-bathroom townhouses (1,361 SF each) and one 1-bedroom, 1-bathroom ADA-accessible apartment unit (525 SF). The property is 100% occupied and is situated on 0.62 acres in close proximity to Western Oregon University. The 1BR unit is currently utilized as an owner’s office and can be returned to the rent roll immediately without conversion costs, providing an immediate increase to the property’s Net Operating Income. 2025 Actual NOI: $109,639 | Proforma NOI: $148,173 | Gross Income: $171,360.

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Home facts

  • Year built:2005
  • Listing ID #:840281
  • Added:108 day(s) ago
  • Updated:August 15, 2026 at 02:59 PM

Rooms and interior

  • Living area:10,696 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:2005
  • Building area:10,696 sq. ft.
  • Lot area:0.62 Acres
  • Exterior Features:Underground Sprinklers

Utilities

  • Water:City

Finances and disclosures

  • Price:$2,495,000
  • Price per sq. ft.:$233.26
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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