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$949,949

  • For Sale
  • Active
  • Multi-Family
  • 11 Total Beds

Listed By: DEWEY. WHITTON | The Salem Real Estate Group | (503) 470-7102 | Cell: 503-470-7102

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Exciting investment opportunity! Updated 6-plex in the heart of Monmouth, less than a mile from WOU. Originally designed w/ 5 units, but its value has recently enhanced with addition of a 6th unit, completed in 3/2023. 5 units feature 2 beds/1 bath. 6th unit, with modern finishes offers 1 bed/1 bath. Professionally managed since 2022, this complex is maintained & overseen with great care. NEW ROOF!

Full Property Details for 271 E Clay St

General

  • Price: $949,949
  • Taxes: $5,597 (24/25)
  • Status: Active
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 832329
  • Updated: 10/30/2025
  • Added to Site: 165 day(s) ago

Interior

  • Flooring: Laminate, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 11

Exterior

  • Color: Tan/Brown

Location

  • County: POLK COUNTY
  • Complex: Clay Street Apartments
  • Driving Directions: Hwy 99W, West on Clay St E, Property is on the South side of the street between Broad St S and Knox St S

School Information

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

Heating & Cooling

  • Heating Type: Electric, Zonal
  • Heating Fuel: Electric, Zonal
  • Water Heater: Electric

Utilities

  • Sewer: City
  • Water: City, Connected
  • # Electric Meters: 1837

Structural Information

  • Square Feet: 4,416
  • Below Ground: 2,374 Sq. Ft.
  • Year Built: 1963

Unit Information

  • Units in Building: 6

Unit 1

  • Square Feet: 770
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Square Feet: 770
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Square Feet: 770
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Square Feet: 770
  • Level: Fidelity
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Square Feet: 2

Unit 6

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.3
  • Lot Size (Sq. Ft.): 770
  • Frontage Feet: 770
  • Zoning: RH

Financial Considerations

  • Price Per Sq. Ft.: $215.12
  • Price Per Acre: $3,166,496.67
  • Assessment Year: 1963
  • Tax Amount: $5,597
  • Tax Year: 24/25

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 271 E Clay St

School District:Central School District 13j
NameGradesDistance
Monmouth Elementary School
958 Church Street East, Monmouth, OR 97361
K-50.6 mi
Talmadge Middle School
51 South 16th Street, Independence, OR 97351
6-81.2 mi
Central High School
1530 Monmouth Street, Independence, OR 97351
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 271 E Clay St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/30/2025
Price Reduced
$949,949
-1.94%
MLS
10/15/2025
Price Reduced
$968,765
-0.51%
MLS
10/08/2025
Price Reduced
$973,765
-0.51%
MLS
10/01/2025
Price Reduced
$978,765
-0.51%
MLS
9/24/2025
Price Reduced
$983,765
-0.51%
MLS
9/17/2025
Price Reduced
$988,765
-0.5%
MLS
9/11/2025
Price Reduced
$993,765
-0.5%
MLS
8/06/2025
Listed
$998,765
277.03%
MLS
12/15/2011
Sold
$264,900
—
Public Record
Get Price Alerts and Save Property
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 271 E Clay St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,597
-4%
$329,640
3%
2023
$5,831
31%
$320,040
24%
2021
$4,442
-15%
$258,340
-17%
2022
$5,247
18%
$310,720
24%
2021
$4,442
7%
$250,820
3%
2019
$4,142
4%
$243,520
3%
2018
$3,999
1%
$236,430
3%
2017
$3,978
-2%
$229,550
3%
2016
$4,064
5%
$222,870
3%
2015
$3,885
2%
$216,380
3%
2014
$3,798
8%
$210,080
3%
2013
$3,527
—
$203,970
—
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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Price Reduced near 271 E Clay St

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6360 Corvallis Rd, Independence, OR 97351 - Photo 1 Price Reduced
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212 Picture St  Independence, OR 97351

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Listed By: RICHARD. CRAFTS | Homesmart Realty Group
6360 Corvallis Rd, Independence, OR 97351 - Photo 1 Price Reduced
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Recent Sales near 271 E Clay St

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250 N Gun Club Rd, Independence, OR 97351 - Photo 1 Sold
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250 N Gun Club Rd  Independence, OR 97351

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    Sq. Ft.
Listed By: PATRICK. SIENG | Capitol Real Estate
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Sold by WESLEY. HELMER | Homesmart Realty Group
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2080 Independence Hwy  Independence, OR 97351

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Listed by Homestead Real Estate, Monica Dorris
Sold by HomeSmart Realty Group, Wes Helmer

271 E Clay St, Monmouth, OR 97361 (MLS# 832329) is a Multi-Family property with 6 units containing 11 bedrooms and 0 full bathrooms. 271 E Clay St is currently listed for $949,949 and was received on August 06, 2025. Want to learn more about 271 E Clay 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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