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$1,575,000 Just Listed
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Property Description
The Ecols Street Townhouses is a 5-unit student housing property located inMonmouth, Oregon. Built in 2003, the asset is composed of five large-format 4-bedroom, 3-bathroom units - a rare configuration that caters heavily to the Western Oregon University student market and local professional families. The property is 100% occupied and is situated on 0.33 acres with situs addresses at 371 Ecols St N, Units A through E. Current operations show consistent performance, while market-rate transitions offer immediate yield upside. 2025 Actual NOI: $71,163 | Proforma NOI: $86,704 | Gross Income: $107,280.
Full Property Details
Full Property Details for 371 Ecols St S
General
- Price: $1,575,000
- Status: Active
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 840275
- Updated: 4/29/2026
- Added to Site: 7 day(s) ago
Location
- County: POLK COUNTY
- Complex: Ecols Street Townhouses
Utilities
- Sewer: City
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 6,920
- Year Built: 2005
Unit Information
- Units in Building: 5
Unit 1
- Square Feet: 1375
- Total Bathrooms: 3
- Bedrooms: 4
Unit 2
- Square Feet: 1375
- Total Bathrooms: 3
- Bedrooms: 4
Unit 3
- Square Feet: 1375
- Total Bathrooms: 3
- Bedrooms: 4
Unit 4
- Square Feet: 1375
- Total Bathrooms: 3
- Bedrooms: 4
Unit 5
- Square Feet: 4
Unit 6
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 1,375
- Frontage Feet: 1375
- Zoning: RH
Financial Considerations
- Price Per Sq. Ft.: $227.6
- Price Per Acre: $4,772,727.27
- Assessment Year: 2005
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Schools
Schools serving 371 Ecols St S
School District:Central School District 13j
| Name | Grades | Distance |
|---|---|---|
Monmouth Elementary School 958 Church Street East, Monmouth, OR 97361 | K-5 | 0.6 mi |
Talmadge Middle School 51 South 16th Street, Independence, OR 97351 | 6-8 | 1.2 mi |
Central High School 1530 Monmouth Street, Independence, OR 97351 | 9-12 | 1.1 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 371 Ecols St S
Date
Details
Price
Change
Source
4/24/2026
Listed
$1,575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 371 Ecols St S
371 Ecols St S, Monmouth, OR 97383 (MLS# 840275) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 371 Ecols St S is currently listed for $1,575,000 and was received on April 24, 2026. Want to learn more about 371 Ecols St S? 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.

