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For sale
    • Listed by: Coldwell Bnkr/Commercial Div • ALEX RHOTEN • Agent: 503-587-4777
    Price cut: $51K (8/27)
    $899,000

    271 Clay St E, Monmouth, OR 97361

    11beds
    6baths
    4,416sqft
    : 
    $6,370/mo
    Get pre-qualified
    Multi Family
    Built in 1963
    -- sqft lot
    $877,900 Zestimate®
    $204/sqft
    $-- HOA

    What's special

    Efficient floor plansNew membrane roof
    Introducing 271 Clay Street East, a well-appointed multifamily residence offering acompelling ownership opportunity in Monmouth. The building showcases efficient floor plans, complemented by recent capital improvements (some units have undergone flooring, door, 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. 100% leased investmentEstimated NOI of $57,578Contact Brokers for full Rent Roll and Income/Expenses
    162 days
    87
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    ALEX RHOTEN Agent:503-587-4777,

    Coldwell Bnkr/Commercial Div,

    KELSI SANDS,

    Coldwell Bnkr/Commercial Div

    Source: WVMLS,MLS#: 841787MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 11
      • Bathrooms: 6
      Heating
      • Wall Furnace
      Appliances
      • Included: Dishwasher, Electric Range, Refrigerator
      • Laundry: None
      Features
      • Flooring: Carpet, Laminate
      • Has fireplace: No
      Interior area
      • Total structure area: 4,416
      • Total interior livable area: 4,416 sqft

      Property

      Features
      • Patio & porch: Deck
      • Fencing: Partial
      Lot
      • Size: 0.3 Acres
      Details
      • Zoning: RH

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Foundation: Continuous
      • Roof: See Remarks
      Condition
      • New construction: No
      • Year built: 1963

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Monmouth

      Financial & listing details

      • Price per square foot: $204/sqft
      • Price range: $899K - $899K
      • Date on market: 6/3/2026
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        $877,900

        $834,000 - $922,000

        $1,618/mo

        Price history

        DateEventPrice
        8/27/2026Price change$899,000-5.4%$204/sqft
        Source: WVMLS #841787 Report a problem
        6/3/2026Listed for sale$950,000+0%$215/sqft
        Source: WVMLS #841787 Report a problem
        3/1/2026Listing removed$949,949$215/sqft
        Source: WVMLS #832329 Report a problem
        10/31/2025Price change$949,949-1.9%$215/sqft
        Source: WVMLS #832329 Report a problem
        10/15/2025Price change$968,765-0.5%$219/sqft
        Source: WVMLS #832329 Report a problem
        10/8/2025Price change$973,765-0.5%$221/sqft
        Source: WVMLS #832329 Report a problem
        10/1/2025Price change$978,765-0.5%$222/sqft
        Source: WVMLS #832329 Report a problem
        9/24/2025Price change$983,765-0.5%$223/sqft
        Source: WVMLS #832329 Report a problem
        9/17/2025Price change$988,765-0.5%$224/sqft
        Source: WVMLS #832329 Report a problem
        9/11/2025Price change$993,765-0.5%$225/sqft
        Source: WVMLS #832329 Report a problem
        8/7/2025Listed for sale$998,765-0.1%$226/sqft
        Source: WVMLS #832329 Report a problem
        5/1/2025Listing removed$999,998$226/sqft
        Source: WVMLS #816350 Report a problem
        7/30/2024Price change$999,998-4.9%$226/sqft
        Source: WVMLS #816350 Report a problem
        6/17/2024Listed for sale$1,052,000$238/sqft
        Source: WVMLS #816350 Report a problem
        6/13/2024Contingent$1,052,000$238/sqft
        Source: WVMLS #816350 Report a problem
        5/2/2024Listed for sale$1,052,000$238/sqft
        Source: WVMLS #816350 Report a problem
        2/20/2024Listing removed$1,052,000$238/sqft
        Source: WVMLS #807886 Report a problem
        1/25/2024Contingent$1,052,000$238/sqft
        Source: WVMLS #807886 Report a problem
        11/21/2023Price change$1,052,000-4.4%$238/sqft
        Source: WVMLS #807886 Report a problem
        7/28/2023Listed for sale$1,100,000-8.3%$249/sqft
        Source: WVMLS #807886 Report a problem
        7/19/2023Listing removed--
        Source: BHHS broker feed Report a problem
        7/18/2023Price change$1,200,000+9.1%$272/sqft
        Source: BHHS broker feed #23332969 Report a problem
        5/24/2023Price change$1,099,950-8.3%$249/sqft
        Source: BHHS broker feed #803359 Report a problem
        4/3/2023Listed for sale$1,200,000$272/sqft
        Source: WVMLS #803359 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 97361

        Getting around

        62 / 100
        Somewhat Walkable
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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