Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$2,495,000 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

See This Home
Save This Home
See This Home
Save This Home
The Warren Street Townhouses is a 9-unit student housing portfolio located inMonmouth, Oregon. Built in 2005, the asset consists of two residential buildingshousing eight large-format 4-bedroom, 3-bathroom townhouses (1,361 SF each) and one 1-bedroom, 1-bathroom ADA-accessible apartment unit (525 SF). The property is 100% occupied and is situated on 0.62 acres in close proximity to Western Oregon University. The 1BR unit is currently utilized as an owner's office and can be returned to the rent roll immediately without conversion costs, providing an immediate increase to the property's Net Operating Income. 2025 Actual NOI: $109,639 | Proforma NOI: $148,173 | Gross Income: $171,360.

Full Property Details for 501 Warren St S

General

  • Price: $2,495,000
  • Status: Active
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 840281
  • Updated: 4/28/2026
  • Added to Site: 7 day(s) ago

Location

  • County: POLK COUNTY
  • Complex: Warren St Townhouses; 501

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Roof: Composition
  • Square Feet: 10,696
  • Year Built: 2005

Unit Information

  • Units in Building: 9

Lot Features

  • Lot Size (Acres): 0.62
  • Zoning: RH

Financial Considerations

  • Price Per Sq. Ft.: $233.26
  • Price Per Acre: $4,024,193.55
  • Assessment Year: 2005

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 501 Warren St S

School District:Central School District 13j
NameGradesDistance
Monmouth Elementary School
958 Church Street East, Monmouth, OR 97361
K-50.8 mi
Talmadge Middle School
51 South 16th Street, Independence, OR 97351
6-81.4 mi
Central High School
1530 Monmouth Street, Independence, OR 97351
9-121.3 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 501 Warren St S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/24/2026
Listed
$2,495,000
107.92%
MLS
1/29/2007
Sold
$1,200,000
—
Public Record
Get Price Alerts and Save Property
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 501 Warren St S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,770
4%
$921,010
3%
2024
$15,183
-4%
$894,190
3%
2023
$15,816
12%
$868,150
6%
2021
$14,071
-1%
$818,330
-3%
2022
$14,233
1%
$842,870
6%
2021
$14,071
7%
$794,500
3%
2019
$13,119
4%
$771,360
3%
2018
$12,669
1%
$748,900
3%
2017
$12,599
-2%
$727,090
3%
2016
$12,871
5%
$705,920
3%
2015
$12,305
2%
$685,360
3%
2014
$12,030
8%
$665,400
3%
2013
$11,171
—
$646,020
—
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.

Estimate the Cost for 501 Warren St S

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Just Listed near 501 Warren St S

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

713 NE Rosewood Ln, Dallas, OR 97338 - Photo 1 Just Listed
$495,000
Open House

713 NE Rosewood Ln  Dallas, OR 97338

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,704
    Sq. Ft.
Listed By: BAILEY. SAVAGE | Made Out West Land Company, Llc and AMBER. ARCHIBALD | Made Out West Land Company, Llc
300 SE Lacreole Dr, Dallas, OR 97338 - Photo 1 Just Listed
$145,000

300 SE Lacreole Dr  #282  Dallas, OR 97338

  • Manufactured Home
  • Active
  • Updated 16 hours ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,404
    Sq. Ft.
Listed By: STACEY. CLENDENIN | More Realty
2565 E Ellendale Ave, Dallas, OR 97338 - Photo 1 Just Listed
$429,900

2565 E Ellendale Ave  Dallas, OR 97338

  • Land Residential
  • Active
  • Updated 6 days ago
  • 7.85
    Acres
Listed by Realty First, Phil Hyre
3999 Kings Valley Hwy, Dallas, OR 97338 - Photo 1 Just Listed
$899,000

3999 Kings Valley Hwy  Dallas, OR 97338

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 2,006
    Sq. Ft.
Listed By: JOSEPH. HAYES | Homesmart Realty Group and NATASHA R. HAYES | Homesmart Realty Group

Price Reduced near 501 Warren St S

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4215 Independence Hwy, Independence, OR 97351 - Photo 1 Price Reduced
-$16,000 (-1.96%)
$799,000

4215 Independence Hwy  Independence, OR 97351

  • Single Family
  • Active
  • Updated 8 hours ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,382
    Sq. Ft.
Listed By: RICKY. CEDILLO | Exp Realty, Llc
7310 Rickreall Rd, Rickreall, OR 97371 - Photo 1 Price Reduced
-$15,000 (-2.73%)
$534,900

7310 Rickreall Rd  Rickreall, OR 97371

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,328
    Sq. Ft.
Listed By: AIMEE. LOZANO | Heart & Soul Realty
301 SW Bell Dr, Dallas, OR 97338 - Photo 1 Price Reduced
-$5,000 (-0.96%)
$515,000

301 SW Bell Dr  Dallas, OR 97338

  • Single Family
  • Active
  • Updated 11 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,980
    Sq. Ft.
Listed By: COLLEEN. BENSON | Keller Williams Capital City Benson Broker Group and KATE. WOODRUM | Keller Williams Capital City Benson Broker Group
450 SE Lacreole Dr, Dallas, OR 97338 - Photo 1 Price Reduced
-$2,500 (-4.55%)
$52,500

450 SE Lacreole Dr  #53  Dallas, OR 97338

  • Manufactured Home
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,260
    Sq. Ft.
Listed By: TIMM. CABLE | C Cable Realty

501 Warren St S, Monmouth, OR 97361 (MLS# 840281) is a Multi-Family property with 9 units containing 0 bedrooms and 0 full bathrooms. 501 Warren St S is currently listed for $2,495,000 and was received on April 24, 2026. Want to learn more about 501 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.

Tour this property