160 Whitman St, Monmouth, OR 97361
160 Whitman St, Monmouth, OR 97361
160 Whitman St, Monmouth, OR 97361
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Listed by ERIC SWANSON • SMI REAL ESTATE • Cell: 541-990-3795
$2,295,000
Est. payment /mo
13,052 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi- (5+)

Listing Status Active

Purchase Type For Sale

Square Footage 13,052 sqft

Price per Sqft $175

MLS Listing ID 840506

Annual Tax Amount $14,540

Tax Year 2025

Lot Size 0.690 Acres

Acres 0.69

Property Sub-Type Multi- (5+)

Property Description

The Whitman 16 is a value-add 16-unit property directly adjacent to Western Oregon University. The property features (12) large 2 bed / 1 bath units and (4) 1 bed / 1 bath units situated on 0.69 acres. Property has a brand-new exterior, new siding, paint, windows, doors, and roofs. Most recent leases at $1,350 puts projected NOI at $166,896 and a 7.27% cap rate.Please do not disturb the residents.Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.

Location

State OR

County Polk

Area 95 Polk County

Interior

Laundry Laundry Center

Exterior

Roof Type Metal or Aluminum

Building

Sewer City

Water City

New Construction No

Others

Acceptable Financing FHA, Federal VA, Cash, Conventional

Listing Terms FHA, Federal VA, Cash, Conventional

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Willamette Valley MLS (WVMLS)

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Samantha Alley

Samantha Alley

+1(541) 918-5041

Listing Specialist and Principal Broker | License ID: 941000189 | RE/MAX INTEGRITY

Listing Specialist and Principal Broker License ID: 941000189 | RE/MAX INTEGRITY

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