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501 Warren St S, 
Monmouth, OR 97361

$2,495,000

—

Bed

—

Bath

10,696

Sq Ft

Multi-Family

Active

Listed by

Conrad Venti, Cell: 503-559-2694

First Commercial Real Estate

503-364-7400

Last updated:

May 14, 2026, 02:38 PM

MLS#

840281

Source:

OR WVMLS

About This Home

501 Warren St S

The Warren Street Townhouses is a 9-unit student housing portfolio located inMonmouth, Oregon. Built in 2005, the asset consists of two residential buildingshousing eight large-format 4-bedroom, 3-bathroom townhouses (1,361 SF each) and one 1-bedroom, 1-bathroom ADA-accessible apartment unit (525 SF). The property is 100% occupied and is situated on 0.62 acres in close proximity to Western Oregon University. The 1BR unit is currently utilized as an owner’s office and can be returned to the rent roll immediately without conversion costs, providing an immediate increase to the property’s Net Operating Income. 2025 Actual NOI: $109,639 | Proforma NOI: $148,173 | Gross Income: $171,360.

Home Facts

Multi-Family

Built in 2005

Price Summary

2,495,000

$233 per Sq. Ft.

MLS #:

840281

Last Updated:

May 14, 2026, 02:38 PM

Added:

1 month(s) ago

Rooms & Interior

Interior

Living Area:

10,696 Sq. Ft.

Structure

Structure

Building Area:

10,696 Sq. Ft.

Year Built:

2005

Lot

Lot Size (Sq. Ft):

27,007

Finances & Disclosures

Finances

Price:

$2,495,000

Price per Sq. Ft:

$233 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.