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Listing provided courtesy of SMI REAL ESTATE: 503-390-6060.

302 S Monmouth

Monmouth, OR 97361
  • $2,350,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 840487
UPDATED: 15 min ago
$2,350,000
  • 0
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,048
    SQFT
  • $156
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1969
County:

School Ratings & Info

Listing provided courtesy of SMI REAL ESTATE: 503-390-6060. Listing information © 2026 Willamette Valley Multiple Listing Service



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.

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Willamette Valley MLS logo © 2026 Based 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. Data last updated: 2026-05-09T20:08:41.643.
www.suelongrealty.com/homes/176026933
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302 S Monmouth Monmouth, OR 97361

  • Price: $2,350,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 15 min ago
  • MLS #: 840487
0
Beds
0
Baths
0
½ Baths
0.6
Acres
15,048
SQFT
$156
$/SQFT
1969
Built
Neighborhood:
95 POLK COUNTY
County:
Polk
Area:
95 POLK COUNTY
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.
Exterior Features

Roof Metal or Aluminum

Interior Features

Unit Types Flat Unit1 Baths 1 Unit1 Bedrooms 2 Unit2 Baths 1 Unit2 Bedrooms 1

Property Features

Cross Street Clay St Flood Plain No High Speed Comm Access Available Home Warranty No Inspection Report Available No Multifamily Type Multi- (5+) New Construction No Possession COE Seller To Do1031 Yes Sewer City Tax Amount 13250 Tax Years 2025 Terms Seller Will Consider CashConventionalFederal VAFHA Water City

© 2026 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2026 Based 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. Data last updated: 2026-05-09T20:08:41.643.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of SMI REAL ESTATE: 503-390-6060. Listing information © 2026 Willamette Valley Multiple Listing Service