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$925,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago

Listed By: CONRAD. VENTI | First Commercial Real Estate | (503) 559-2694 | Cell: 503-559-2694

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The property at 427-441 Warren St S is a 4-unit student housing portfolio locatedin Monmouth, Oregon. The asset is comprised of a modern townhouse-style triplexfeaturing three 3-bedroom, 2-bathroom units (1,299 SF each, built 1998) and adetached single-family home with 2 bedrooms and 1 bathroom (953 SF, originallybuilt in 1941), totaling 5,450 SF on 0.39 acres. The site includes a detached 600 SFgarage offering immediate income upside as a separate storage lease. This property serves as a high-demand 'middle housing' asset catering to both the university student population and local family households. 2025 Adjusted NOI: $40,979 | Proforma NOI: $47,931 | Gross Income: $71,040.

Full Property Details for 427-441 Warren St S

General

  • Price: $925,000
  • Status: Active
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 840278
  • Updated: 4/28/2026
  • Added to Site: 7 day(s) ago

Location

  • County: POLK COUNTY
  • Complex: 4-Unit Multi-Family

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Roof: Composition
  • Square Feet: 4,850
  • Year Built: 2005

Unit Information

  • Units in Building: 4

Unit 1

  • Square Feet: 1299
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Square Feet: 1299
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 3

  • Square Feet: 1399
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 4

  • Square Feet: 953
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Square Feet: 3

Unit 6

  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.39
  • Lot Size (Sq. Ft.): 1,399
  • Frontage Feet: 1299
  • Zoning: RM

Financial Considerations

  • Price Per Sq. Ft.: $190.72
  • Price Per Acre: $2,371,794.87
  • Assessment Year: 2005

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Price & Sales History for 427-441 Warren St S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/24/2026
Listed
$925,000
115.87%
MLS
8/22/2008
Sold
$428,500
—
Public Record
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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 427-441 Warren St S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,367
4%
$547,050
3%
2024
$9,018
-4%
$531,120
3%
2023
$9,394
12%
$515,660
6%
2021
$8,358
-1%
$486,070
-3%
2022
$8,454
1%
$500,650
6%
2021
$8,358
7%
$471,920
3%
2019
$7,793
4%
$458,180
3%
2018
$7,525
1%
$444,840
3%
2017
$7,484
-2%
$431,890
3%
2016
$7,645
5%
$419,320
3%
2015
$7,296
3%
$407,110
3%
2014
$7,058
6%
$395,260
3%
2013
$6,636
—
$383,750
—
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.

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427-441 Warren St S, Monmouth, OR 97361 (MLS# 840278) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 427-441 Warren St S is currently listed for $925,000 and was received on April 24, 2026. Want to learn more about 427-441 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.

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