$980,000

251 Whitman St S Monmouth, OR 97361

Estimated payment $6,015/month

Total Views 6,475
9 Beds
8 Baths
3,726 Sq Ft
$263 Price per Sq Ft

Highlights

  • Territorial View
  • Patio
  • Zoned Heating
  • Wood Flooring
  • Shed
  • Landscaped

About This Home

Excellent Investment opportunity! 4 unit property just blocks from Western Oregon University and downtown Monmouth Oregon. 1930's 3 BR/2BA house that has been nicely updated with new roof, exterior paint, bathrooms, kitchen, driveway, etc. 3- 1990's townhouse units that are 2 BR/1.5 BA. All units are equipped with laundry hook ups. Live in the house and generate income from the 3 units or rent all of the units. Turn key property with excellent upkeep. DO NOT DISTURB TENANTS.

Listing Agent

Tanna Cable Girod

C CABLE REALTY License #200407163

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,667

Year Built

  • Built in 1993

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 85x165
  • Partially Fenced Property
  • Landscaped

Home Design

  • Quadruplex
  • Composition Roof
  • T111 Siding

Interior Spaces

  • 3,726 Sq Ft Home
  • Dining Area
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Patio
  • Shed

Schools

  • Monmouth Elementary School
  • Talmadge Middle School
  • Centennial High School

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Tenants' personal property

Community Details

Overview

  • 4 Units

Building Details

  • Trash Expense $1,548
  • Water Sewer Expense $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,667

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Dual Living: Possible
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Excellent Investment opportunity! 4 unit property just blocks from Western Oregon University and downtown Monmouth Oregon. 1930's 3 BR/2BA house that has been nicely updated with new roof, exterior paint, bathrooms, kitchen, driveway, etc. 3- 1990's townhouse units that are 2 BR/1.5 BA. All units are equipped with laundry hook ups. Live in the house and generate income from the 3 units or rent all of the units. Turn key property with excellent upkeep. DO NOT DISTURB TENANTS.
  • Cross Street: Clay St
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Exclusions: Tenants' personal property
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl, Wood
  • Total Bathrooms: 8
  • Total Bedrooms: 9
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 263.02
  • Price Per Sq Ft: 263.02

Exterior Features

  • Patio: Patio
  • Exterior Color: Gray
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Out Buildings: Shed
  • Roof: Composition
  • Siding: Composite, Fiber Cement
  • Siding Style: T111
  • View: Territorial

Utilities

  • Heating: Electric, Baseboard, Zonal
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Garbage: 1548
  • Sewer: City
  • Water/Sewer: 2100

Schools

  • Elementary School: Monmouth
  • Middle School: Talmadge
  • High School: Centennial

Lot Info

  • Acres: 0.32
  • Estimated Lot Dimensions: 85x165
  • Estimated Lot Sq Ft: 14025
  • Lot: .
  • Lot Type: Dimension Above
  • Price Per Acre: 3062500
  • Zoning: RM
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Account Number: 195074
  • Tax Amount: 6667

Multi Family

  • Unit Types: Town Home
  • Number Of Units: 4

MLS Schools

  • HighSchool: Centennial
  • Middle School: Talmadge
  • Elementary School: Monmouth

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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,668 $404,490 $53,260 $351,230
2024 $6,668 $392,710 $51,710 $341,000
2023 $6,946 $381,280 $50,200 $331,080
2022 $6,251 $370,180 $48,730 $321,450
2021 $6,180 $359,400 $47,300 $312,100
2020 $5,935 $348,940 $45,930 $303,010
2019 $5,762 $338,780 $44,590 $294,190
2018 $5,564 $328,920 $43,290 $285,630
2017 $5,533 $319,340 $42,030 $277,310
2016 $5,593 $310,040 $40,810 $269,230
2015 -- $301,010 $39,620 $261,390
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 For Sale $980,000 +113.0% $263 / Sq Ft
06/13/2018 06/13/18 Sold $460,000 0.0% $123 / Sq Ft
06/11/2018 06/11/18 Sold $460,000 +1.2% $123 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/12/2018 04/12/18 Price Changed $454,500 -3.2% $122 / Sq Ft
04/06/2018 04/06/18 For Sale $469,500 0.0% $126 / Sq Ft
02/22/2018 02/22/18 For Sale $469,500 -- $126 / Sq Ft
Source: Willamette Valley MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Amerititle
Warranty Deed $318,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $470,000 New Conventional
Closed $345,000 New Conventional
Previous Owner $254,400 Fannie Mae Freddie Mac
Source: Public Records

Source: Willamette Valley MLS

MLS Number: 824824

Willamette Valley MLS

APN: 195074