Accepted Offer with Contingencies.

Excellent investment opportunity with an updated 4-plex, ideally situated within walking distance of Western Oregon University, restaurants and shops! This property is in extraordinary condition and features numerous updates, including a new roof with a 25 year transferrable warranty, updated floor coverings, windows and fresh paint.

This property is perfect for inve stors seeking a well-mintained, modernized multi-family property. Whole unit re-roofed from steel to asphalt shingle (25-yr transferrable warranty)

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on 316 Warren St S
in Monmouth, OR
Presented by Kelly Swift at
WINDERMERE HERITAGE.


Property MLS #818718 from Willamette

+ Reveal additional info including schools and tax history

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+ Bedrooms

Bedrooms: 9

+ Bathrooms

Total Bathrooms: 1 / 1 / 1.5 / 1.5
Full Bathrooms: 6

+ Appliances

Yes
Laundry Facilities: W/D Hookup

+ Kitchen and Dining

Refrigerator: Refrigerator Included
Dining Room Description: Area (Combination)

+ Heating and Cooling

Heating Features: Heating Cooling: Electric, Zonal, Water Heater: Electric

+ Interior Features

Flooring: Laminate, Tile, Vinyl

+ Land Info

Lot Description: Lot Type: Irregular
Lot Size Acres: 0.23
Lot Size Square Feet: 10019

+ Garage and Parking

Parking Features: Carport / Carport

+ Multi-Unit Info

Number of Units: 4
Unit Type: Town Home
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 3
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1.5
Total Bathrooms in Unit-4: 1.5
Unit-1 Square Feet: 650
Unit-2 Square Feet: 790
Unit-3 Square Feet: 1258
Unit-4 Square Feet: 906
Unit 1 Total Actual Rent: 1000
Unit 2 Total Actual Rent: 1500
Unit 3 Total Actual Rent: 1650
Unit 4 Total Actual Rent: 1100

+ Other Property Info

Annual Tax Amount: 5708
Source Listing Status: ACTIVE UNDER CONTRACT
County: Polk
Cross Street: Ackerson
Current Use: Investment
Directions: From Hwy. 22, South on Hwy 99W, West on Main St, South on Warren.
Tax Year: 2023
Source Property Type: Multi Family
Exclusions: All tenant property
Insurance Expense: 2025
Area: 95 POLK COUNTY
Source Neighborhood: 95 POLK COUNTY
Parcel Number: 195269
Trash Expense: 87
Flood Plain: No
Property Subtype: 4-Plex
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-06-29
$750,000
Willamette

+ Commercial Info

Operating Expense: 462

+ Building and Construction

Total Square Feet Living: 3826
Year Built: 1948
Building Exterior Type: Siding Style: Lap, Exterior Color: Gray
Living Area Source: County
Property Age: 76
Roof: Composition

+ Utilities

Sewer: Sewer: City, Water Sewer: 250
Water Source: City

+ Display Complete School Details

Monmouth Elementary School is a public elementary school located approximately 0.7 miles away.
Map directions

Central High School is a public high school located approximately 1.3 miles away.
Map directions

Talmadge Middle School is a public middle school located approximately 1.3 miles away.
Map directions

Monmouth Montessori School is a private elementary school located approximately 0.6 miles away.
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