Date
Details
Price
Change
Source
5/01/2026
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/38
$2,350,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/38
Property Description
Martha Washington Apartments is a well maintained 15-unit community located in central Monmouth. The property features (14) 2 bed / 1 bath units and (1) 1 bed / 1 bath unit situated on 0.60 acres with 20 off street parking spaces. Stable producing asset with a strong 6.55% in place cap rate. Upgrades include new roofs and exterior paint.Please do not disturb the tenants.Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.
Full Property Details
Full Property Details for 302 Monmouth Ave
General
- Price: $2,350,000
- Taxes: $13,249 (2025)
- Status: Active
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 253127455
- Updated: 5/1/2026
- Added to Site: 30 day(s) ago
Rental Information
- Rent Includes: None
Location
- County: Polk
- Driving Directions: Clay St
School Information
- Elementary School: Monmouth
- Middle School: Talmadge
- High School: Central
Community
- Community Name: 167 - Polk Co: Except Salem
Heating & Cooling
- Cooling Type: None
- Heating Type: Other
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Roof: Metal
- Stories/Levels: 2
- Square Feet: 15,048
- Year Built: 1969
Lot Features
- Lot Size (Acres): 0.6
- Lot Size (Sq. Ft.): 26,136
- Lot Size: 20, 000 SqFt to .99 Acres
Financial Considerations
- Tax Amount: $13,249.78
- Tax Year: 2025
- Terms: Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: 10 - 19 UNITS
- Property ID: 195342
Listed by SMI Commercial Real Estate LLC (503) 390-6060, Eric Swanson (541) 990-3795
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 302 Monmouth Ave —
Eric Swanson
SMI Commercial Real Estate LLC
503-390-6060
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 302 Monmouth Ave
School District:Central School District 13j
| Name | Grades | Distance |
|---|---|---|
Monmouth Elementary School 958 Church Street East, Monmouth, OR 97361 | K-5 | 0.8 mi |
Talmadge Middle School 51 South 16th Street, Independence, OR 97351 | 6-8 | 1.5 mi |
Central High School 1530 Monmouth Street, Independence, OR 97351 | 9-12 | 1.4 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 302 Monmouth Ave
Tax History
Tax History for 302 Monmouth Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,250
4%
$773,800
3%
2024
$12,756
-4%
$751,270
3%
2023
$13,288
12%
$729,390
6%
2021
$11,822
-1%
$687,530
-3%
2022
$11,958
1%
$708,150
6%
2021
$11,822
7%
$667,510
3%
2019
$11,022
4%
$648,070
3%
2018
$10,644
1%
$629,200
3%
2017
$10,585
-2%
$610,880
3%
2016
$10,814
5%
$593,090
3%
2015
$10,338
2%
$575,820
3%
2014
$10,107
8%
$559,050
3%
2013
$9,385
—
$542,770
—
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
Estimate the Cost for 302 Monmouth Ave
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 1Total Bath
- 950Sq. Ft.
Listed By: FLOYD. ESQUEDA | Exp Realty, Llc
- Single Family
- Active
- Updated 18 hours ago
- 4Beds
- 2Total Baths
- 1,755Sq. Ft.
Listed By: TIFFANY. BOUCHARD | Homesmart Realty Group - Dallas
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 2,327Sq. Ft.
Listed by MORE Realty, Inc., Steve Curtis
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 2,202Sq. Ft.
Listed By: CHRIS. FORRETTE | Homesmart Realty Group
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Lots/Land
- Active
- Updated 3 days ago
- 0.21Acres
Listed By: CATHERINE. UNDERWOOD-BUSH | Cheddar Realty
- Lots/Land
- Active
- Updated 3 days ago
- 0.21Acres
Listed by Cheddar Realty LLC, Catherine Underwood-Bush
- Manufactured Home
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,056Sq. Ft.
Listed By: ANGELA. CAMBERN | Cambern Homes Llc
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 3,212Sq. Ft.
Listed By: AMBER. ARCHIBALD | Made Out West Land Company, Llc
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Lots/Land
- Closed
- Updated 9 days ago
- 2.75Acres
Listed By: PAM. RUSHING | Coldwell Bnkr/Commercial Div and MELISSA. RODRIGUEZ | Coldwell Bnkr/Commercial Div
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
Sold by NOM. NON-MEMBER SALE | Non-Member Sale
302 Monmouth Ave, Monmouth, OR 97361 (MLS# 253127455) is a Multi-Family property with 15 units containing 0 bedrooms and 0 full bathrooms. 302 Monmouth Ave is currently listed for $2,350,000 and was received on May 01, 2026. Want to learn more about 302 Monmouth Ave? 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.