240-242 South Monmouth Avenue

Monmouth, OR 97361

$900,000
Price
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Description

4-Plex (2 bed/2 bath) and Single Family Home (3 bed/2 bath) located in the heart of Monmouth! Less than a 5 minute walk to WOU. Close to all the amenities this growing community has to offer! Newer roof (2021) on the 4-Plex and covered carport w/storage. Laundry room onsite. Single family home boasts a 2 car garage with washer/dryer hookups.4-Plex (2 bed/2 bath) and Single Family Home (3 bed/2 bath) located in the heart of Monmouth! Less than a 5 minute walk to WOU. Close to all the amenities this growing community has to offer! Newer roof (2021) on the 4-Plex and covered carport w/storage. Laundry room onsite. Single family home boasts a 2 car garage with washer/dryer hookups.
  1. Listed by Seth Waddell • Windermere Willamette Valley

Property Details for 240-242 South Monmouth Avenue

Zoning
Mon.-RH
View
Territorial
Garage Spaces
2.00
Parking Total
4.00
LISTING UPDATED: 11/18/2024 11:44 AM

Property Details for 240-242 South Monmouth Avenue

StatusActive
MLS #24686023
Days on Market125
Taxes$8,837 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1992
Lot Size0.30 AC / 13,068 SF
CountyPolk County

Building Information for 240-242 South Monmouth Avenue

Stories-Residences5Year Built1992Building Size-Lot Size0.30 AC / 13,068 SF

Property Information for 240-242 South Monmouth Avenue

Summary
Location and General Information
  • Country: US
  • Directions: W. on Main to Monmouth Ave.S. on Monmouth Ave.
  • Road Surface: Paved
School Information
  • Middle Or Junior School: Other
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $8,836.76
  • Parcel Number: 195186
  • Tax Legal Description: See Deed / List Kit
Property
Lot Information
  • Acres: 0.3
  • Lot Size Square Feet: 13068.0
  • Lot Size Range: Sq Ft10000to14999
  • Lot Size: 10,000 to 14,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Year Built: 1992
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Zoned
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Trash Collection, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Gross Income Actual: $67,200.00
  • Gross Rent Multiplier: $13.39
  • Net Income Actual: $51,151.00
  • Operating Expense: $16,048.00
  • Storage: Individual Storage Units
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3, Unit Type Type4, Unit Type Type5
  • Common Amenities: Laundry
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 2.00
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Rent: $1,050
  • Unit Type 1 SqFt: 984.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Baths Decimal: 2.00
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Rent: $1,075
  • Unit Type 2 SqFt: 984.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 2
  • Unit Type 3 Baths Decimal: 2.00
  • Unit Type 3 Beds Total: 2
  • Unit Type 3 Rent: $1,100
  • Unit Type 3 SqFt: 984.0
  • Unit Type 3 Units Total: 1
Unit 4 Information
  • Unit Type 4 Baths Total: 2
  • Unit Type 4 Baths Decimal: 2.00
  • Unit Type 4 Beds Total: 2
  • Unit Type 4 Rent: $1,075
  • Unit Type 4 SqFt: 984
  • Unit Type 4 UnitsTotal: 1
Unit 5 Information
  • Unit Type 5 Baths Total: 2
  • Unit Type 5 Baths Decimal: 2.00
  • Unit Type 5 Beds Total: 3
  • Unit Type 5 Rent: $1,300
  • Unit Type 5 SqFt: 1140.0
  • Unit Type 5 Units Total: 1

Schools near 240-242 South Monmouth Avenue

This home is within Central School District 13j.
Rating
School
Type
Grades
Distance
Monmouth Elementary School
Public - K to 5
Talmadge Middle School
Public - 6 to 8
Central High School
Public - 9 to 12
Mid-Valley Christian Academy
Private - PK to 11
Rating
School
Distance
Monmouth Elementary School
PublicK to 5

Talmadge Middle School
Public6 to 8

Central High School
Public9 to 12

Mid-Valley Christian Academy
PrivatePK to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 240-242 South Monmouth Avenue, Monmouth, OR 97361

240-242 South Monmouth Avenue is a multi-family home for sale in Monmouth, OR 97361. This property was listed for sale on October 14, 2024 by Windermere Willamette Valley, it's currently listed at $900,000. This listing's school district is Central School District 13j. Nearby schools include Monmouth Elementary School, Talmadge Middle School and Central High School. 240-242 South Monmouth Avenue is a 0-bed, 0-bath, multi-family home built in 1992.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Willamette Valley

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