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$2,295,000 -$55,000 (-2.34%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago

Listed By: ERIC. SWANSON | Smi Real Estate | (541) 990-3795 | Cell: 541-990-3795

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The Whitman 16 is a value-add 16-unit property directly adjacent to Western Oregon University. The property features (12) large 2 bed / 1 bath units and (4) 1 bed / 1 bath units situated on 0.69 acres. Property has a brand-new exterior, new siding, paint, windows, doors, and roofs. Most recent leases at $1,350 puts projected NOI at $166,896 and a 7.27% cap rate.Please do not disturb the residents.Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.

Full Property Details for 160 N Whitman St

General

  • Price: $2,295,000
  • Taxes: $14,540 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 840506
  • Updated: 5/5/2026
  • Added to Site: 8 day(s) ago

Location

  • County: POLK COUNTY
  • Complex: Whitman 16 Apts
  • Driving Directions: Pacific Ave (Hwy 99W) to Main St. West on Main St to Whitman. North on Whitman to the property.

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Roof: Metal or Aluminum
  • Square Feet: 13,052

Unit Information

  • Units in Building: 16

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Level: Ticor

Unit 5

  • Square Feet: 2

Lot Features

  • Lot Size (Acres): 0.69

Financial Considerations

  • Price Per Sq. Ft.: $175.84
  • Price Per Acre: $3,326,086.96
  • Tax Amount: $14,540
  • Tax Year: 2025

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Price & Sales History for 160 N Whitman St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/05/2026
Price Reduced
$2,295,000
-2.34%
MLS
5/01/2026
Listed
$2,350,000
23.68%
MLS
1/08/2025
Sold
$1,900,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 160 N Whitman St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,540
4%
$849,170
3%
2024
$13,998
-4%
$824,440
3%
2023
$14,583
12%
$800,430
6%
2021
$12,974
-1%
$754,490
-3%
2022
$13,123
1%
$777,120
6%
2021
$12,974
7%
$732,520
3%
2019
$12,096
4%
$711,190
3%
2018
$11,680
1%
$690,480
3%
2017
$11,616
-2%
$670,370
3%
2016
$11,867
5%
$650,850
3%
2015
$11,345
2%
$631,900
3%
2014
$11,091
8%
$613,500
3%
2013
$10,300
—
$595,640
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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160 N Whitman St, Monmouth, OR 97361 (MLS# 840506) is a Multi-Family property with 16 units containing 0 bedrooms and 0 full bathrooms. 160 N Whitman St is currently listed for $2,295,000 and was received on May 01, 2026. Want to learn more about 160 N Whitman St? Do you have questions about finding other Multi-Family real estate for sale in Monmouth? You can browse all Monmouth real estate or contact a Coldwell Banker agent to request more information.

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