Updated 4-plex in the growing town of Independence. Perfect for an Investor or Owner Occupied Investor. Rental income of $3,932/mo. Located close to downtown, schools & shopping. Roof is approx 5 yrs old, all units have been updated & have large rooms. Tenants pay utilities. Property has great rental history, on site laundry facilities, all units have sliders out to patios & common courtyard/greenspace. Off-street parking & easy-care grounds. Easy commute to Salem, Corvallis, Albany & McMinnville.
Sold for $690,000
Listed by: Homesmart Realty Group - Monmouth
Bought with: Non-Member Sale
$690,000
1390 Monmouth St, Independence, OR 97351
8beds
4baths
2,947sqft
Quadruplex
Built in 1964
-- sqft lot
$688,700 Zestimate®
$234/sqft
$1,637 Estimated rent
Home value
$688,700
$620,000 - $764,000
$1,637/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
LISA ANN SCHEIRMAN Agent:503-949-2411,
Homesmart Realty Group - Monmouth
Bought with:
NOM NON-MEMBER SALE
Non-Member Sale
Source: WVMLS,MLS#: 819901
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Dining room
- Features: Area (Combination)
Heating
- Electric
Appliances
- Included: Electric Range, Range Included, Electric Water Heater, Refrigerator
- Laundry: Common Area
Features
- Flooring: Carpet, Laminate, Tile, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 2,947
- Total interior livable area: 2,947 sqft
Property
Parking
- Parking features: 1 space
Features
- Patio & porch: Patio
- Exterior features: Tan
- Fencing: Partial
- Has view: Yes
- View description: Territorial
Lot
- Size: 10,703 sqft
- Dimensions: 75' x 115'
- Features: Dimension Above
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Lap Siding
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Independence
HOA & financial
Other financial information
- Total actual rent: 3932
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Price range: $690K - $690K
- Listing terms: Cash,Conventional,VA Loan,Land Sales Contract
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2025 | Sold | $690,000-1.4%$234/sqft |
Source:  WVMLS #819901 Report a problem | ||
| 5/26/2025 | Contingent | $700,000$238/sqft |
Source: WVMLS #819901 Report a problem | ||
| 4/29/2025 | Listed for sale | $700,000$238/sqft |
Source: WVMLS #819901 Report a problem | ||
| 4/5/2025 | Contingent | $700,000$238/sqft |
Source: WVMLS #819901 Report a problem | ||
| 3/20/2025 | Price change | $700,000+0%$238/sqft |
Source: WVMLS #819901 Report a problem | ||
| 2/26/2025 | Price change | $699,999-2%$238/sqft |
Source: WVMLS #819901 Report a problem | ||
| 12/5/2024 | Price change | $714,000-3.4%$242/sqft |
Source: WVMLS #819901 Report a problem | ||
| 11/21/2024 | Listed for sale | $739,000$251/sqft |
Source: WVMLS #819901 Report a problem | ||
| 11/13/2024 | Contingent | $739,000$251/sqft |
Source: WVMLS #819901 Report a problem | ||
| 8/31/2024 | Price change | $739,000-1.4%$251/sqft |
Source: WVMLS #819901 Report a problem | ||
| 8/4/2024 | Listed for sale | $749,750$254/sqft |
Source: WVMLS #819901 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97351
Nearby schools
GreatSchools rating
- 7/10Ash Creek Elementary SchoolGrades: K-5Distance: 0.8 mi
- 4/10Talmadge Middle SchoolGrades: 6-8Distance: 0.3 mi
- 4/10Central High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- Middle: Talmadge
- High: Central
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$688,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$688,700
- Oregon
- Polk County
- Independence
- 97351
- 1390 Monmouth St
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