501 Warren St S

Monmouth, OR 97361
  • $2,495,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 10,696

    SqFt

About the Listing 1557 - 19642

The Warren Street Townhouses is a 9-unit student housing portfolio located inMonmouth, Oregon. Built in 2005, the asset consists of two residential buildingshousing eight large-format 4-bedroom, 3-bathroom townhouses (1,361 SF each) and one 1-bedroom, 1-bathroom ADA-accessible apartment unit (525 SF). The property is 100% occupied and is situated on 0.62 acres in close proximity to Western Oregon University. The 1BR unit is currently utilized as an owner’s office and can be returned to the rent roll immediately without conversion costs, providing an immediate increase to the property’s Net Operating Income. 2025 Actual NOI: $109,639 | Proforma NOI: $148,173 | Gross Income: $171,360.

Listing Highlights

Status Active
Days on Site 4
Property Type Multi-Family
MLS ® 840281
Year Built 2005
Total Square Footage 10,696
Lot/Acreage 0.62
County Polk
Building Name Warren St Townhouses; 501

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating:
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  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: City

Exterior Details

  • Garage Capacity: N/A
  • Roof: Composition
  • Others:
  • Sewer: City

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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501 Warren St S Monmouth, OR 97361

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