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Listing provided courtesy of HOMESMART REALTY GROUP - MONMOUTH: 971-707-2041.

406 Madrona (-408) E

Monmouth, OR 97361
  • $600,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 835893
UPDATED: 219 min ago
$600,000
  • 8
    BEDS
  • 0.13
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,572
    SQFT
  • $233
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1997
County:

School Information

Middle School:
High School:
Listing provided courtesy of HOMESMART REALTY GROUP - MONMOUTH: 971-707-2041. Listing information © 2026 Willamette Valley Multiple Listing Service



Description

Well-located 4 bed, 2.5 bath duplex in an established neighborhood with proven rental history. Gross rents $4,250–$4,300/mo, tenants pay all utilities, supporting strong cap-rate potential. Each unit includes a single-car garage, gas fireplace, gas heat, canned lighting, ½ bath on main and 2 full baths up. Low-maintenance Hardi-plank exterior, shingled peaks, comp roof. Interior W/D, fenced yard. Easy commute to Salem, Albany & Corvallis. Professionally managed.

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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: 2026-02-19T00:08:43.88.
www.suelongrealty.com/homes/171524809
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406 Madrona (-408) E Monmouth, OR 97361

  • Price: $600,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 219 min ago
  • MLS #: 835893
8
Beds
5
Baths
0
½ Baths
0.13
Acres
2,572
SQFT
$233
$/SQFT
1997
Built
Neighborhood:
95 POLK COUNTY
County:
Polk
Area:
95 POLK COUNTY
Middle School:
Talmadge
High School:
Central
Property Description
Well-located 4 bed, 2.5 bath duplex in an established neighborhood with proven rental history. Gross rents $4,250–$4,300/mo, tenants pay all utilities, supporting strong cap-rate potential. Each unit includes a single-car garage, gas fireplace, gas heat, canned lighting, ½ bath on main and 2 full baths up. Low-maintenance Hardi-plank exterior, shingled peaks, comp roof. Interior W/D, fenced yard. Easy commute to Salem, Albany & Corvallis. Professionally managed.
Exterior Features

Approx Lot Dimensions 55x100 Exterior Color Teal Green Fenced Yard Yes Foundation Continuous Frontage Feet 55 Landscape Yes Lot Type Dimension Above Patio Covered Patio Roof Composition Siding Fiber Cement Siding Style Lap View Territorial

Interior Features

Dining Area (Combination) Dishwasher Yes Fireplace GasLiving Room Flooring CarpetVinyl Heating Central ACForced Air Laundry W/D Included Range Facility ElectricMicrowave IncludedRange Included Refrigerator Refrigerator Included Unit Types Town Home Unit1 Baths 2.5 Unit1 Bedrooms 4 Unit2 Baths 2.5 Unit2 Bedrooms 4

Property Features

Assessments Or Liens No Cross Street Ecols Street Dual Living Other (Refer to remarks)Possible Exclusions Tenant's Property Flood Plain No Handicap Amenities No High Speed Comm Access Available Home Warranty No Homeowners Association No Association Inspection Report Available No Multifamily Type Duplex New Construction No Possession COE Property Use Type InvestmentVacant/Owner-User Seller To Do1031 No Sewer City Tax Amount 5460 Tax Years 2025 Terms Seller Will Consider CashConventionalFederal VAFHAODVA Water City Zoning RH

© 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: 2026-02-19T00:08:43.88.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of HOMESMART REALTY GROUP - MONMOUTH: 971-707-2041. Listing information © 2026 Willamette Valley Multiple Listing Service