Listing provided courtesy of FIRST COMMERCIAL REAL ESTATE- MLS# 840278MLS ProviderContact Information: Cell: 503-559-2694

427-441 Warren St SMonmouth, OR 97361

Multi-Family · 4,850 Sq. ft. | 0.39 Acres
$925,000 ACTIVE

427-441 Warren St S Overview

Time on Site:
62 days
Visits:
0

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.

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427-441 Warren St S Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,850
  • Price/Sq.ft. $191
  • Lot 0.39 Acres

Details

General

Building Information

  • Year Built: 2005

Location/Region

  • County Or Parish: Polk
  • MLS Area Major: 95 POLK COUNTY

General Information

  • Property Sub Type: Multi- (5+)
  • Property Type: Multi Family

Interior

General Information

  • Living Area: 4850

Exterior

Lot Information

  • Lot Size Acres: 0.39
  • Water Source: City

General Information

  • Sewer: City

427-441 Warren St S Neighborhood

Community

97361 (Monmouth) Demographics

28
Median Age
90
Population Density (per sq. mile)
51%
College Educated
$56,058
Estimated Median Income
2,035
Estimated Total Home Owners
1,950
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

427-441 Warren St S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

427-441 Warren St S Market Data

Based on the last 30 days in this zip code

$600,612
Average List Price
$319
Average Price per Square Foot
11
Properties Sold
101
Average Days on Market
61
Properties for Sale
Calculations provided by Reliance Network

427-441 Warren St S History

Date Event Value Agent
4/28/2026Source: Willamette Valley MLS Added to Database
April 28, 2026