Amy Richardson

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Listing provided courtesy of EXP REALTY, LLC- MLS# 826630MLS ProviderContact Information: Cell: 541-905-2698

297 Main St WMonmouth, OR 97361

Multi-Family · 8 Beds · 3,280 Sq. ft. | 0.21 Acres
$899,990 ACTIVE

297 Main St W Overview

Time on Site:
468 days
Visits:
2

Roof replacment at closing! Fantastic Investment 4-plex in the Heart of the Valley in the thriving town of Monmouth. 2 blocks from WOU campus , one block from downtown. Property has amazing rental history, HUD capable (2 are currently HUD with scheduled increases), Updated Laundry facilities (in house only, tenants access) , Upstairs balconies, Lower patios, Greenspace, 7-spot parking lot with streetside and easy-care grounds. 3 of 4 units have been completely remodeled, Amazing opportunity!

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297 Main St W Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,280
  • Price/Sq.ft. $274
  • Lot 0.21 Acres

Details

General

School Information

  • Elementary School: Monmouth
  • Middle Or Junior School: Talmadge
  • High School: Central

Building Information

  • Year Built: 1971

Location/Region

  • County Or Parish: Polk
  • MLS Area Major: 95 POLK COUNTY
  • Subdivision Name: TOWN OF MONMOUTH

Tax Information

  • Tax Annual Amount: 5120

General Information

  • Exclusions: Tenant Personal Property
  • Property Sub Type: 4-Plex
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bedrooms Total: 8

General Information

  • Flooring: Carpet,Laminate,Luxury Vinyl Plank,Other (Refer to Remarks)
  • Foundation Details: Continuous
  • Living Area: 3280

Exterior

Lot Information

  • Lot Features: Irregular
  • Lot Size Acres: 0.21
  • Lot Size Square Feet: 9148
  • Water Source: City,Connected

General Information

  • Sewer: City

297 Main St W 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.

297 Main St W 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.

297 Main St W 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

297 Main St W History

Date Event Value Agent
10/29/2025Source: Willamette Valley MLS Status Change
ACTIVE
9/15/2025Source: Willamette Valley MLS Status Change
ACTIVE UNDER CONTRACT
5/27/2025Source: Willamette Valley MLS Status Change
ACTIVE
4/26/2025Source: Willamette Valley MLS Status Change
ACTIVE UNDER CONTRACT
4/9/2025Source: Willamette Valley MLS Price Reduction
$899,990 -10.0%
3/18/2025Source: Willamette Valley MLS Added to Database
March 18, 2025