




427-441 S Warren St, Monmouth, OR, 97361
--beds
7baths
4,850sqft
$925,000
$191price/sqft
$5,989/moest. monthly cost
$239,560/yrincome needed
About This Home
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.
Getting Around
59
0
62
Schools
4/10
4/10
4/10
Construction
Condition
- Year built: 2005
Materials
- Roof: Composition
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bathrooms: 7
Interior Area
- Total structure area: 4,850
- Total interior livable area: 4,850 sqft
Property
Details
- Zoning: RM
Lot
- Lot size: 0.39 Acres
