Date
Details
Price
Change
Source
4/24/2026
Listed
$2,295,000
—
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.
1/9
$2,295,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
Property Description
The property at 422-438 Warren St S is a 9-unit student housing portfoliolocated in Monmouth, Oregon. Built in 2004, the asset consists of twofour-plex buildings (eight 3-bedroom, 3-bathroom units at 1,295 SF each)and one detached single-family home (2BR/3BA with garage, 1,075 SF),totaling 11,527 SF on 0.45 acres. The 3-bedroom, 3-bathroom configuration is a high-value rarity in the Monmouth/Independence market, commanding a 10-15% premium over standard 2-bathroom units due to their appeal to university roommate groups. The asset is in excellent condition and represents a significant upgrade over the aging market-base inventory in the submarket. 2025 Actual NOI: $90,883 | Proforma NOI: $125,029 | Gross Income: $155,400.
Full Property Details
Full Property Details for 422-438 Warren St S
General
- Price: $2,295,000
- Status: Active
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 840268
- Updated: 4/29/2026
- Added to Site: 7 day(s) ago
Location
- County: POLK COUNTY
- Complex: Warrent St Studen Housing
Utilities
- Sewer: City
- Water: City
Structural Information
- Roof: Composition
- Square Feet: 11,527
- Year Built: 2004
Unit Information
- Units in Building: 9
Lot Features
- Lot Size (Acres): 0.45
- Zoning: RH
Financial Considerations
- Price Per Sq. Ft.: $199.1
- Price Per Acre: $5,100,000
- Assessment Year: 2004
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
NMLS#: 1598647
Get Pre-Approved Today
Get a Great Insurance Rate
Price & Sales History for 422-438 Warren St S
Estimate the Cost
Estimate the Cost for 422-438 Warren St S
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 2,342Sq. Ft.
Listed By: NATALIE. BECK-BOYECHKO | Premiere Property Group, Llc - South Salem
- Land Residential
- Active
- Updated 6 days ago
- 7.85Acres
Listed by Realty First, Phil Hyre
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,394Sq. Ft.
Listed By: LESLIE. JAMES | Premiere Property Group, Llc - South Salem and KYLE. RIES | Premiere Property Group, Llc - South Salem
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 2Total Baths
- 2,006Sq. Ft.
Listed by HomeSmart Realty Group, Joseph Hayes
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 10 hours ago
- 4Beds
- 2Total Baths
- 2,382Sq. Ft.
Listed By: RICKY. CEDILLO | Exp Realty, Llc
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,328Sq. Ft.
Listed By: AIMEE. LOZANO | Heart & Soul Realty
- Single Family
- Active
- Updated 13 hours ago
- 3Beds
- 3Total Baths
- 1,980Sq. Ft.
Listed By: COLLEEN. BENSON | Keller Williams Capital City Benson Broker Group and KATE. WOODRUM | Keller Williams Capital City Benson Broker Group
- Manufactured Home
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,260Sq. Ft.
Listed By: TIMM. CABLE | C Cable Realty
422-438 Warren St S, Monmouth, OR 97383 (MLS# 840268) is a Multi-Family property with 9 units containing 0 bedrooms and 0 full bathrooms. 422-438 Warren St S is currently listed for $2,295,000 and was received on April 24, 2026. Want to learn more about 422-438 Warren 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.