Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

271 Clay St E 6 Unit Apartment Building $949,949 ($158,325/Unit) 6.64% Cap Rate Monmouth, OR 97361

Save this listing!

Favorite this listing to get notified of price updates, new media and more

PROPERTY FACTS

Price $949,949
Price Per Unit $158,325
Sale Type Investment
Cap Rate 6.64%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.30 AC
Building Size 4,416 SF
Average Occupancy 83%
No. Stories 2
Year Built 1963
Parking Ratio 2.49/1,000 SF
Zoning High Density Residential - RH; Class, Multi Fam; Type 5+

AMENITIES

UNIT AMENITIES

  • Air Conditioning

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 $1,210 500
2+1 5 $1,215 780

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
190264
Land Assessment
$60,240
Improvements Assessment
$279,280
Total Assessment
$339,520
  • Listing ID: 37238948

  • Date on Market: 8/12/2025

  • Last Updated:

  • Address: 271 Clay St E, Monmouth, OR 97361

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}