For Sale

100% Leased Monmouth 6-Plex

271 Clay Street East, Monmouth, OR 97361

Discover the vibrant community surrounding the property in Monmouth, Oregon. Situated amidst the picturesque Willamette Valley, this location offers a captivating blend of small-town charm and modern convenience. Nearby Western Oregon University adds to the dynamic atmosphere, presenting opportunities for student housing investments. Explore the charming downtown area, rich with local shops and eateries, perfect for attracting residents seeking a lively urban experience.Introducing 271 Clay Street East, a well-appointed multifamily residence offering a compelling ownership opportunity in Monmouth. The building showcases efficient floor plans, complemented by recent capital improvements (some units have undergone flooring and cabinet updates), and a new membrane roof. This asset delivers a stable rental stream with potential for additional upside, making it an attractive addition to any multifamily portfolio seeking consistent returns and low management complex.

Key features

  • 100% leased investment
  • 5 units @ 2bd/1ba + 1 unit @ 1bd/1ba
  • Close to Western Oregon University
  • Contact Broker for full Rent Roll and Income/Expenses
  • Estimated NOI of $57, 578
  • New Roof
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Alex Rhoten

Mountain West Real Estate

Building Details

  • For Sale $950,000
  • Property Type Multi-Family
  • Property Size 4,416 SF
  • Units 6
  • Lot Size 0.3 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1963
  • Date Updated Jun 16, 2026

Attachments

Getting Around

  • Walk Score ®

    Somewhat Walkable (63)

  • Bike Score ®

    Bikeable (68)
Powered by Walk Score ®

Location

  • City Monmouth, OR
  • Zip Code 97361
  • Market Eugene

Points of Interest

Shell

0.21 miles

Astro

1.66 miles

Jimmy'z

2.36 miles

Blink

5.48 miles

Chevron

6.43 miles

EV Connect

6.44 miles

Safeway Fuel Station

6.90 miles

AG West Supply Gas Station

7.68 miles

Office Parking

7.13 miles

Visitor Kiosk and Restroom Parking

7.48 miles

Sidney Road North Parking

7.71 miles

Coville Road West Parking

7.86 miles

Sidney Road South Parking

7.90 miles

Teverner's Marsh Parking

7.94 miles

Coville Road East Parking

7.94 miles

Mohoff Parking

7.96 miles

Baskett Butte Trailhead Parking

8.03 miles

A&W

0.21 miles

Burgerville

0.24 miles

Yang's Teriyaki

0.24 miles

Wolf Grill

0.45 miles

Papa Murphy's

0.76 miles

Taco Bell

0.84 miles

McDonald's

1.39 miles

Spoon N Folks

6.44 miles

La Herradura

6.45 miles

Roth's Fresh Markets

0.78 miles

WinCo Foods

0.94 miles

Walmart

6.85 miles

Safeway

6.96 miles

Grocery Outlet

7.03 miles

Roth's

9.05 miles

Franks Gorcery Store

9.91 miles

Dallas Fire Department

6.42 miles

Polk County Sheriff

6.50 miles

Walmart Pharmacy

6.87 miles

Rite Aid

7.01 miles

Kaiser Skyline Medical Office

8.27 miles

Salem Health Medical Clinic

8.38 miles

Salem fire station 7

8.80 miles

Salem Health

9.32 miles

Falls City Fire Department

9.92 miles

271 Clay Street East Listing Summary

  • What is the asking price at 100% Leased Monmouth 6-Plex?

    100% Leased Monmouth 6-Plex is currently listed for sale at Contact for pricing.

  • What is the total size of 100% Leased Monmouth 6-Plex?

    100% Leased Monmouth 6-Plex has a total of 4,416 square feet.

  • What is the year built for 100% Leased Monmouth 6-Plex?

    The year built for 100% Leased Monmouth 6-Plex is 1963.

Contact Listing Broker
Alex Rhoten

Mountain West Real Estate

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