$700,000
UNDER CONTRACT $50K PRICE DROP

1390 Monmouth St Independence, OR 97351

Estimated payment $4,276/month

Total Views 10,402
8 Beds
4 Baths
2,947 Sq Ft
$238 Price per Sq Ft

Highlights

  • Territorial View
  • Tile Flooring
  • High Speed Internet
  • Patio
  • Laundry Facilities
  • Dining Area

About This Home

Accepted Offer with Contingencies. Updated 4-plex in the growing town of Independence. Perfect for an Investor or Owner Occupied Investor. Rental income of $3,932/mo. Located close to downtown, schools & shopping. Roof is approx 5 yrs old, all units have been updated & have large rooms. Tenants pay utilities. Property has great rental history, on site laundry facilities, all units have sliders out to patios & common courtyard/greenspace. Off-street parking & easy-care grounds. Easy commute to Salem, Corvallis, Albany & McMinnville.

Listing Agent

Lisa Ann Scheirman

HOMESMART REALTY GROUP - MONMOUTH License #200503017

HOMESMART REALTY GROUP - MONMOUTH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,427

Year Built

  • Built in 1964

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75'x115'
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,947 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Patio

Schools

  • Talmadge Middle School
  • Central High School

Utilities

  • Heating Available
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 8 / 2

Community Details

Building Details

  • Electric Expense $573
  • Trash Expense $1,463
  • Water Sewer Expense $1,290

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,427

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Dual Living: Possible
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Accepted Offer with Contingencies. Updated 4-plex in the growing town of Independence. Perfect for an Investor or Owner Occupied Investor. Rental income of $3,932/mo. Located close to downtown, schools & shopping. Roof is approx 5 yrs old, all units have been updated & have large rooms. Tenants pay utilities. Property has great rental history, on site laundry facilities, all units have sliders out to patios & common courtyard/greenspace. Off-street parking & easy-care grounds. Easy commute to Salem, Corvallis, Albany & McMinnville.
  • Cross Street: Gun Club
  • Year Built: 1964
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Dining Room: Area (Combination)
  • Laundry: Laundry Center
  • Price Per Sq Ft: 237.53
  • Price Per Sq Ft: 237.53

Exterior Features

  • Patio: Patio
  • Exterior Color: tan
  • Fenced Yard: Partial
  • Foundation: Slab
  • Roof: Composition
  • Siding Style: Lap
  • View: Territorial

Utilities

  • Heating: Electric
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Electric: 573
  • Garbage: 1463
  • Sewer: City
  • Water/Sewer: 1290

Schools

  • Middle School: Talmadge
  • High School: Central

Lot Info

  • Acres: 0.25
  • Estimated Lot Dimensions: 75'x115'
  • Estimated Lot Sq Ft: 10703
  • Lot: 8
  • Lot Type: Dimension Above
  • Price Per Acre: 2800000
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2023
  • Tax Account Number: 209674
  • Tax Amount: 4427

Multi Family

  • Unit Types: Flat
  • Number Of Units: 4

MLS Schools

  • HighSchool: Central
  • Middle School: Talmadge

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Price Changed $700,000 0.0% $238 / Sq Ft
02/26/2025 02/26/25 Price Changed $699,999 -2.0% $238 / Sq Ft
12/05/2024 12/05/24 Price Changed $714,000 -3.4% $242 / Sq Ft
08/31/2024 08/31/24 Price Changed $739,000 -1.4% $251 / Sq Ft
08/04/2024 08/04/24 For Sale $749,750 -- $254 / Sq Ft
Source: Willamette Valley MLS

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Source: Willamette Valley MLS

MLS Number: 819901

Willamette Valley MLS

Oregon Polk County Independence 97351

1390 Monmouth St, Independence, OR

Homes for Sale in Independence, OR

This home is located at 1390 Monmouth St, Independence, OR 97351 and is currently priced at $700,000, approximately $237 per square foot. This property was built in 1964. 1390 Monmouth St is a home located in Polk County with nearby schools including Independence Elementary School, Talmadge Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

Lisa Ann Scheirman
Listing Agent
Lisa Ann Scheirman
Section Image
HOMESMART REALTY GROUP - MONMOUTH
(503) 447-7541