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422-438 Warren St S, 
Monmouth, OR 97383

$2,295,000

—

Bed

—

Bath

11,527

Sq Ft

Multi-Family

Active

Listed by

Conrad Venti, Cell: 503-559-2694

, 

Conrad Venti

First Commercial Real Estate

503-364-7400

Last updated:

May 14, 2026, 02:38 PM

MLS#

840268

Source:

OR WVMLS

About This Home

422-438 Warren St S

The property at 422-438 Warren St S is a 9-unit student housing portfoliolocated in Monmouth, Oregon. Built in 2004, the asset consists of twofour-plex buildings (eight 3-bedroom, 3-bathroom units at 1,295 SF each)and one detached single-family home (2BR/3BA with garage, 1,075 SF),totaling 11,527 SF on 0.45 acres. The 3-bedroom, 3-bathroom configuration is a high-value rarity in the Monmouth/Independence market, commanding a 10–15% premium over standard 2-bathroom units due to their appeal to university roommate groups. The asset is in excellent condition and represents a significant upgrade over the aging market-base inventory in the submarket. 2025 Actual NOI: $90,883 | Proforma NOI: $125,029 | Gross Income: $155,400.

Home Facts

Multi-Family

Built in 2004

Price Summary

2,295,000

$199 per Sq. Ft.

MLS #:

840268

Last Updated:

May 14, 2026, 02:38 PM

Added:

1 month(s) ago

Rooms & Interior

Interior

Living Area:

11,527 Sq. Ft.

Structure

Structure

Building Area:

11,527 Sq. Ft.

Year Built:

2004

Lot

Lot Size (Sq. Ft):

19,602

Finances & Disclosures

Finances

Price:

$2,295,000

Price per Sq. Ft:

$199 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.

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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.