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Listed by SMI Commercial Real Estate LLC
$ 2,350,000
Est. payment /mo
New
302 MONMOUTH AVE Monmouth, OR 97361
15,048 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,048 sqft
Price per Sqft $156
MLS Listing ID 253127455
Year Built 1969
Annual Tax Amount $13,249
Tax Year 2025
Lot Size 0.600 Acres
Property Description
Martha Washington Apartments is a well maintained 15-unit community located in central Monmouth. The property features (14) 2 bed / 1 bath units and (1) 1 bed / 1 bath unit situated on 0.60 acres with 20 off street parking spaces. Stable producing asset with a strong 6.55% in place cap rate. Upgrades include new roofs and exterior paint.Please do not disturb the tenants.Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.
Location
State OR
County Polk
Area _167
Zoning RH
Interior
Heating Other
Cooling None
Exterior
Roof Type Metal
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Monmouth
Middle Schools Talmadge
High Schools Central
Others
Acceptable Financing Conventional, FHA, VALoan
Listing Terms Conventional, FHA, VALoan
Nearby Locations