100% Leased Monmouth 6-Plex

For Sale

271 Clay Street East, Monmouth, OR 97361

This Monmouth property for sale is located at 271 Clay Street East. The current listed sale price for 100% Leased Monmouth 6-Plex is $950,000. 100% Leased Monmouth 6-Plex is situated on a lot that is 0.3 acre in size.

Contacts

Alex Rhoten

Mountain West Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 4,416 SF
  • Units 6
  • Lot Size 0.3 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1963
  • Date Updated Jun 23, 2026
Discover the vibrant community surrounding the property in Monmouth, Oregon. Situated amidst the picturesque Willamette Valley, this location offers a captivating blend of small-town charm and modern convenience. Nearby Western Oregon University adds to the dynamic atmosphere, presenting opportunities for student housing investments. Explore the charming downtown area, rich with local shops and eateries, perfect for attracting residents seeking a lively urban experience.Introducing 271 Clay Street East, a well-appointed multifamily residence offering a compelling ownership opportunity in Monmouth. The building showcases efficient floor plans, complemented by recent capital improvements (some units have undergone flooring and cabinet updates), and a new membrane roof. This asset delivers a stable rental stream with potential for additional upside, making it an attractive addition to any multifamily portfolio seeking consistent returns and low management complex.
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Highlights

  • 100% leased investment
  • 5 units @ 2bd/1ba + 1 unit @ 1bd/1ba
  • Close to Western Oregon University
  • Contact Broker for full Rent Roll and Income/Expenses
  • Estimated NOI of $57, 578
  • New Roof

Attachments

Getting around

  • 63/100

    Walk Score ®

  • 68/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Monmouth, OR
  • Zip Code 97361
  • Market Eugene

Points of Interest

  • WCEH Monmouth

    0.20 miles

  • Shell

    0.21 miles

  • Astro

    1.66 miles

  • Jimmy'z

    2.36 miles

  • Blink

    5.48 miles

  • Chevron

    6.43 miles

  • EV Connect

    6.44 miles

  • Safeway Fuel Station

    6.90 miles

  • AG West Supply Gas Station

    7.68 miles

  • Rickreall Park & Ride

    5.40 miles

  • Office Parking

    7.13 miles

  • Visitor Kiosk and Restroom Parking

    7.48 miles

  • Sidney Road North Parking

    7.71 miles

  • Coville Road West Parking

    7.86 miles

  • Sidney Road South Parking

    7.90 miles

  • Teverner's Marsh Parking

    7.94 miles

  • Coville Road East Parking

    7.94 miles

  • Mohoff Parking

    7.96 miles

  • Baskett Butte Trailhead Parking

    8.03 miles

  • Courtesy Inn

    0.29 miles

  • Riverside Inn

    6.75 miles

  • Best Western Dallas Inn & Suites

    6.93 miles

  • Western Oregon University Book Store

    0.41 miles

  • Roth's Fresh Markets

    0.78 miles

  • WinCo Foods

    0.94 miles

  • Walmart

    6.85 miles

  • Safeway

    6.96 miles

  • Grocery Outlet

    7.03 miles

  • Roth's

    9.05 miles

  • Franks Gorcery Store

    9.91 miles

Contact Listing Broker
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