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.
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$2,350,000
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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 S Monmouth Ave
General
- Price: $2,350,000
- Taxes: $13,250 (2025)
- Status: Active
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 840487
- Updated: 5/1/2026
- Added to Site: 30 day(s) ago
Location
- County: POLK COUNTY
- Complex: Martha Washington Apts
- Driving Directions: Hwy 99W to Main St. West on Main St to Monmouth Ave. South on Monmouth Ave to the property.
Utilities
- Sewer: City
- Water: City
Structural Information
- Roof: Metal or Aluminum
- Square Feet: 15,048
- Year Built: 1969
Unit Information
- Units in Building: 15
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): 0.6
Financial Considerations
- Price Per Sq. Ft.: $156.17
- Price Per Acre: $3,916,666.67
- Assessment Year: 1969
- Tax Amount: $13,250
- Tax Year: 2025
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NMLS#: 1598647
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Schools
Schools serving 302 S 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 S Monmouth Ave
Tax History
Tax History for 302 S Monmouth Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,203
—
$373,120
3%
2025
$6,203
4%
$362,260
3%
2024
$5,972
-4%
$351,710
3%
2023
$6,221
12%
$341,470
6%
2021
$5,535
-1%
$321,880
-3%
2022
$5,598
1%
$331,530
6%
2021
$5,535
7%
$312,510
3%
2019
$5,160
4%
$303,410
3%
2018
$4,983
1%
$294,580
3%
2017
$4,956
-1%
$286,000
3%
2016
$5,031
7%
$277,670
3%
2015
$4,688
3%
$269,590
3%
2014
$4,570
1%
$261,060
-2%
2013
$4,520
—
$265,080
—
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 S Monmouth Ave
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- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 1Total Bath
- 950Sq. Ft.
Listed By: FLOYD. ESQUEDA | Exp Realty, Llc
- Single Family
- Active
- Updated 16 hours ago
- 5Beds
- 3Total Baths
- 3,798Sq. Ft.
Listed by Keller Williams Capital City, Colleen Benson
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 3Total Baths
- 3,798Sq. Ft.
Listed By: COLLEEN. BENSON | Keller Williams Capital City Benson Broker Group and KATE. WOODRUM | Keller Williams Capital City Benson Broker Group
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 2,202Sq. Ft.
Listed By: CHRIS. FORRETTE | Homesmart Realty Group
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- Manufactured Home
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,056Sq. Ft.
Listed By: ANGELA. CAMBERN | Cambern Homes Llc
- 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
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,333Sq. Ft.
Listed By: PHIL. HYRE | Realty First Llc and MARIAH. BEERY | Realty First Llc
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- 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 S Monmouth Av, Monmouth, OR 97361 (MLS# 840487) is a Multi-Family property with 15 units containing 0 bedrooms and 0 full bathrooms. 302 S Monmouth Av is currently listed for $2,350,000 and was received on May 01, 2026. Want to learn more about 302 S Monmouth Av? 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.