James & Angie Smith

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Listing provided courtesy of Made Out West Land Company, LLC- MLS# 353917819MLS Provider

320 MONMOUTH AVE SMonmouth, OR 97361

Multi-Family · 5,568 Sq. ft. | 0.39 Acres
$950,000 Active

320 MONMOUTH AVE S Overview

Time on Site:
47 days
Visits:
0

Fourplex in the heart of Monmouth! This investment opportunity boasts four 4 bed units that can accommodate a variety of renters needs, and includes off-street/on-site parking. Nestled behind the historic Burford-Stanley House, the property is situated ideally a short distance from major points of interest in town, including WOU campus. Some updating has been done. Some appliances will be included. Do not disturb tenants.

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320 MONMOUTH AVE S Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,568
  • Price/Sq.ft. $171
  • Lot 0.39 Acres

Details

General

School Information

  • Elementary School: Monmouth
  • Middle Or Junior School: Talmadge
  • High School: Central

Income/Expenses

  • Gross Income: 80371.0
  • Net Operating Income: 52123.0
  • Operating Expense: 28248.0

Building Information

  • Year Built: 2003

Location/Region

  • Country: US
  • County Or Parish: Polk
  • MLS Area Major: 167 - Polk Co: Except Salem

Rent/Lease Information

  • Rent Includes: Trash Collection

Tax Information

  • Tax Annual Amount: 8352.09
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 563624
  • Property Condition: Existing
  • Property Type: Multi Family
  • Zoning: RM

Interior

Building Interior

  • Building Area Total: 5568.0

General Information

  • Heating: Zoned
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Paved

Lot Information

  • Lot Size Acres: 0.39
  • Lot Size Square Feet: 16988.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Roof: Composition,Shingle

General Information

  • Number Of Units Total: 1292
  • Sewer: Public Sewer

320 MONMOUTH AVE S Neighborhood

Community

97361 (Monmouth) Demographics

28
Median Age
90
Population Density (per sq. mile)
51%
College Educated
$56,058
Estimated Median Income
2,035
Estimated Total Home Owners
1,950
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

320 MONMOUTH AVE S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

320 MONMOUTH AVE S Market Data

Based on the last 30 days in this zip code

$597,129
Average List Price
$319
Average Price per Square Foot
11
Properties Sold
97
Average Days on Market
64
Properties for Sale
Calculations provided by Reliance Network

320 MONMOUTH AVE S History

Date Event Value Agent
6/12/2026Source: Regional MLS Status Change
Active
6/7/2026Source: Regional MLS Status Change
Pending
5/13/2026Source: Regional MLS Added to Database
May 13, 2026