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271 E Clay St, 
Monmouth, OR 97361

$950,000


Bed


6

Baths


4,416

Sq Ft


Multi-Family

Active

Listed by

Alex Rhoten, Agent: 503-587-4777

Kelsi Sands

Coldwell Bnkr/Commercial Div

503-588-3508

Last updated:

June 3, 2026, 10:33 AM

MLS#

841787

Source:

OR WVMLS

About This Home

271 E Clay St

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

Home Facts

Multi-Family

6 Baths

Built in 1963

Price Summary

950,000

$215 per Sq. Ft.

MLS #:

841787

Last Updated:

June 3, 2026, 10:33 AM

Added:

5 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

6

Interior

Living Area:

4,416 Sq. Ft.


Structure

Structure

Building Area:

4,416 Sq. Ft.

Year Built:

1963


Lot

Lot Size (Sq. Ft):

13,068


Finances & Disclosures

Finances

Price:

$950,000

Price per Sq. Ft:

$215 per Sq. Ft.

MLS Logo
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. OR WVMLS Member Broker: Katherine Powell

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.