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Listed by ALEX RHOTEN • COLDWELL BNKR/COMMERCIAL DIV • Agent: 503-587-4777
$950,000
Est. payment /mo
11 Beds
6 Baths
4,416 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi- (5+)
Listing Status Active
Purchase Type For Sale
Square Footage 4,416 sqft
Price per Sqft $215
MLS Listing ID 841787
Bedrooms 11
Year Built 1963
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Multi- (5+)
Property Description
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
Location
State OR
County Polk
Area 95 Polk County
Interior
Heating Wall Furnace
Flooring Carpet, Laminate, Luxury Vinyl Plank
Laundry None
Exterior
Fence Partial
Roof Type Other (Refer to Remarks)
Building
Foundation Continuous
Sewer City
Water City
New Construction No
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