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302 Monmouth Ave, 
Monmouth, OR 97361

$2,350,000

—

Bed

—

Bath

15,048

Sq Ft

Multi-Family

Active

Listed by

Eric Swanson

Smi Commercial Real Estate LLC.

503-390-6060

Last updated:

June 7, 2026, 11:15 AM

MLS#

253127455

Source:

PORTLAND

About This Home

302 Monmouth Ave

Martha Washington Apartments is a well maintained 15-unit community located in central Monmouth. The property features (14) 2 bed / 1 bath units and (1) 1 bed / 1 bath unit situated on 0.60 acres with 20 off street parking spaces. Stable producing asset with a strong 6.55% in place cap rate. Upgrades include new roofs and exterior paint.Please do not disturb the tenants.Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.

Home Facts

Multi-Family

Built in 1969

Price Summary

2,350,000

$156 per Sq. Ft.

MLS #:

253127455

Last Updated:

June 7, 2026, 11:15 AM

Added:

a month ago

Rooms & Interior

Interior

Living Area:

15,048 Sq. Ft.

Structure

Structure

Building Area:

15,048 Sq. Ft.

Year Built:

1969

Lot

Lot Size (Sq. Ft):

26,136

Finances & Disclosures

Finances

Price:

$2,350,000

Price per Sq. Ft:

$156 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Coldwell Banker Professional Group are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: June 7, 2026

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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.