Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$950,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 11 Total Beds
  • Updated 20 hours ago

Listed By: ALEX. RHOTEN | Coldwell Bnkr/Commercial Div | (503) 587-4777 and KELSI. SANDS | Coldwell Bnkr/Commercial Div | (503) 587-4777 | Agent: 503-587-4777

See This Home
Save This Home
See This Home
Save This Home
Introducing 271 Clay Street East, a well-appointed multifamily residence offering acompelling ownership opportunity in Monmouth. The building showcases efficient floor plans, complemented by recent capital improvements (some units have undergone flooring, door, 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. 100% leased investmentEstimated NOI of $57,578Contact Brokers for full Rent Roll and Income/Expenses

Full Property Details for 271 E Clay St

General

  • Price: $950,000
  • Status: Active
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 841787
  • Updated: 6/2/2026
  • Added to Site: 1 day(s) ago

Interior

  • Flooring: Carpet, Laminate, Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 11

Location

  • County: POLK COUNTY
  • Complex: Monmouth 6 Plex

Heating & Cooling

  • Heating Type: Wall Furnace
  • Heating Fuel: Wall Furnace

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Roof: Other (Refer to Remarks)
  • Square Feet: 4,416
  • Year Built: 1963

Unit Information

  • Units in Building: 6

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Level: AmeriTitle
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Square Feet: 2

Unit 6

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.3
  • Zoning: RH

Financial Considerations

  • Price Per Sq. Ft.: $215.13
  • Price Per Acre: $3,166,666.67
  • Assessment Year: 1963

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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 ATTOM Data Solutions 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
6/02/2026
Listed
$950,000
258.63%
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
2025
$5,814
—
$349,700
3%
2025
$5,814
4%
$339,520
3%
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.

Estimate the Cost for 271 E Clay St

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Just Listed near 271 E Clay St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

375 Picture St, Independence, OR 97351 - Photo 1 Just Listed
$290,000

375 Picture St  Independence, OR 97351

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 1
    Total Bath
  • 950
    Sq. Ft.
Listed By: FLOYD. ESQUEDA | Exp Realty, Llc
460 N 12th St, Independence, OR 97351 - Photo 1 Just Listed
$385,000
Open House

460 N 12th St  Independence, OR 97351

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,236
    Sq. Ft.
Listed By: AMY. MCLEOD P.C. | Keller Williams Capital City and BRANDIE. ANGUIANO | Keller Williams Capital City
132 NW Howard Ln, Dallas, OR 97338 - Photo 1 Just Listed
$420,000

132 NW Howard Ln  Dallas, OR 97338

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,361
    Sq. Ft.
Listed By: YOLANDA. ZUGER | Keller Williams Capital City
496 SE Walnut Cir, Dallas, OR 97338 - Photo 1 Just Listed
$649,000

496 SE Walnut Cir  Dallas, OR 97338

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 4
    Total Baths
  • 2,071
    Sq. Ft.
Listed By: GINA. OTT | Homestar Brokers

Price Reduced near 271 E Clay St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

0000 S Main, Independence, OR 97351 - Photo 1 Price Reduced
-$10,000 (-5.89%)
$159,900

0000 S Main  Independence, OR 97351

  • Lots/Land
  • Active
  • Updated 6 days ago
  • 0.21
    Acres
Listed by Cheddar Realty LLC, Catherine Underwood-Bush
000 Main St, Independence, OR 97351 - Photo 1 Price Reduced
-$10,000 (-5.89%)
$159,900

000 Main St  Independence, OR 97351

  • Lots/Land
  • Active
  • Updated 6 days ago
  • 0.21
    Acres
Listed By: CATHERINE. UNDERWOOD-BUSH | Cheddar Realty
7343 D St, Rickreall, OR 97371 - Photo 1 Price Reduced
-$10,000 (-2%)
$490,000

7343 D St  Rickreall, OR 97371

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,704
    Sq. Ft.
Listed By: LUIS. GARIBAY | Sparrow Real Estate, Llc
16835 W Ellendale Rd, Dallas, OR 97338 - Photo 1 Price Reduced
-$30,000 (-9.23%)
$295,000

16835 W Ellendale Rd  Dallas, OR 97338

  • Lots/Land
  • Active
  • Updated 4 days ago
  • 5.14
    Acres
Listed By: AMBER. ARCHIBALD | Made Out West Land Company, Llc

Recent Sales near 271 E Clay St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

750 Beaton Ln S, Monmouth, OR 97361 - Photo 1 Sold
$859,900

750 Beaton Ln S  Monmouth, OR 97361

  • Single Family
  • Closed
  • 5
    Beds
  • 4
    Total Baths
  • 2,745
    Sq. Ft.
Listed By: ERIC. FISKUM | Re/Max Integrity - Salem
Sold by EDDIE. ZAPIEN | Works Real Estate
8645 Highland Rd, Independence, OR 97351 - Photo 1 Sold
$870,000

8645 Highland Rd  Independence, OR 97351

  • Single Family
  • Closed
  • 3
    Beds
  • 1
    Total Bath
  • 1,788
    Sq. Ft.
Listed By: LISA ANN. SCHEIRMAN | Homesmart Realty Group - Monmouth
Sold by ZACHARY. THOMPSON | Works Real Estate
6646 River Springs Dr S, Salem, OR 97306 - Photo 1 Sold
$934,000

6646 River Springs Dr S  Salem, OR 97306

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,507
    Sq. Ft.
Listed By: PATRICK. SIENG | Capitol Real Estate
Sold by TREVOR. SCHARER | Tradition Real Estate Partners
2049 SE Arrowwood Ave, Dallas, OR 97338 - Photo 1 Sold
$820,000

2049 SE Arrowwood Ave  Dallas, OR 97338

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 2,084
    Sq. Ft.
Listed By: SARA. BARR | Real Broker
Sold by NOM. NON-MEMBER SALE | Non-Member Sale

271 E Clay St, Monmouth, OR 97361 (MLS# 841787) is a Multi-Family property with 6 units containing 11 bedrooms and 0 full bathrooms. 271 E Clay St is currently listed for $950,000 and was received on June 02, 2026. 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.

Tour this property