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$310,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1,085 Sq. Ft.
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Downtown property with amazing potential; this charming home is set on a spacious oversized lot with development possibilities in the heart of Monmouth. 4BR/1BA, this two-story home is set on .28 acres, has a detached 2-car garage/workshop, tool lean-to and a garden shed located in a gorgeous backyard with mature landscaping. There is an RV disposal with plenty of room for RV parking. In need of some TLC, there is loads of potential for a home owner or developer. Buyer to confirm zoning and development potential with the City of Monmouth.

Full Property Details for 505 Broad St S

General

  • Price: $310,000
  • Taxes: $2,245 (2024)
  • Status: Active
  • Type: Single Family
  • Source: RWMLS
  • MLS ID: 653049998
  • Updated: 2/1/2026
  • Added to Site: 213 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Primary Bedroom: Main
  • Bedroom 2: Upper
  • Bedroom 3: Upper

Other Rooms

  • Living Room: Main
  • Kitchen: Main
  • Dining Room: Main

Exterior

  • Exterior Features: Fenced, Fire Pit, Garden, Outbuilding, Tool Shed, Workshop

Parking

  • Garage: Yes
  • Total Spaces: 2
  • Parking Features: Driveway, Off Street

Location

  • County: Polk
  • Driving Directions: West on Gwinn, north on Broad. Home on right.

School Information

  • Elementary School: Monmouth
  • Middle School: Talmadge
  • High School: Central

Community

  • Community Name: 167 - Polk Co: Except Salem

Heating & Cooling

  • Heating Type: Wall Heater
  • Heating Fuel: Electricity

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Property Detached: Yes
  • Architectural Style: 2 Story
  • Basement Desc.: Crawl Space
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 1,085
  • Year Built: 1940
  • Property Condition: Fixer

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,196
  • Lot Size: 10, 000 to 14, 999 SqFt
  • Lot Dimensions: 16 x 187
  • Frontage: Paved
  • Lot Features: Corner Lot, Level

Financial Considerations

  • Tax Amount: $2,245.03
  • Tax Year: 2024
  • Terms: Cash, Rehab

Disclosures and Reports

  • Legal Description: ONE STORY WITH ATTIC
  • Disclosures/Reports: Disclosure
  • Property ID: 192789

Listed by Connected Real Estate Group (541) 512-4430, Jessica Pankratz (541) 740-1466

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Listing agent

— 505 Broad St S —

  • Jessica Pankratz

    Connected Real Estate Group

    541-512-4430

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with our affiliated lender
NMLS#: 1598647

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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 505 Broad St S

School District:Central School District 13j
NameGradesDistance
Monmouth Elementary School
958 Church Street East, Monmouth, OR 97361
K-50.7 mi
Talmadge Middle School
51 South 16th Street, Independence, OR 97351
6-81.3 mi
Central High School
1530 Monmouth Street, Independence, OR 97351
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 505 Broad St S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/01/2025
Price Reduced
$310,000
-4.62%
MLS
8/01/2025
Listed
$325,000
—
MLS
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 505 Broad St S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,245
-4%
$132,220
3%
2023
$2,339
12%
$128,370
6%
2021
$2,081
-1%
$121,010
-3%
2022
$2,105
1%
$124,640
6%
2021
$2,081
7%
$117,490
3%
2019
$1,940
4%
$114,070
3%
2018
$1,873
1%
$110,750
3%
2017
$1,863
-2%
$107,530
3%
2016
$1,904
5%
$104,400
3%
2015
$1,820
2%
$101,360
3%
2014
$1,779
8%
$98,410
3%
2013
$1,652
—
$95,550
—
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 505 Broad St S

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NMLS#: 1598647

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Listed by Connected Real Estate Group (541) 512-4430, Jessica Pankratz (541) 740-1466

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505 Broad St S, Monmouth, OR 97361 (MLS# 653049998) is a Single Family property with 4 bedrooms and 1 full bathroom. 505 Broad St S is currently listed for $310,000 and was received on August 01, 2025. Want to learn more about 505 Broad St S? Do you have questions about finding other Single 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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