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Listing provided courtesy of FIRST COMMERCIAL REAL ESTATEMLS# 840278MLS ProviderContact Information: Cell: 503-559-2694
  • 62 days on site
  • 0 views

The property at 427-441 Warren St S is a 4-unit student housing portfolio locatedin Monmouth, Oregon. The asset is comprised of a modern townhouse-style triplexfeaturing three 3-bedroom, 2-bathroom units (1,299 SF each, built 1998) and adetached single-family home with 2 bedrooms and 1 bathroom (953 SF, originallybuilt in 1941), totaling 5,450 SF on 0.39 acres. The site includes a detached 600 SFgarage offering immediate income upside as a separate storage lease. This property serves as a high-demand '˜middle housing' asset catering to both the university student population and local family households. 2025 Adjusted NOI: $40,979 Proforma NOI: $47,931 Gross Income: $71,040.

Source: Willamette Valley MLS, MLS#: 840278

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  • Property Type
    Residential Income
  • Lot
    0.39 acres

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  • Median Age
    28
  • Population Density
    90
  • College Educated
    51%
  • Estimated Median Income
    $56,058
  • Estimated Total Home Owners
    2,035
  • Estimated Total Renters
    1,950
  • Owner / Renter Divide
    51% / 49%
  • Estimated Average Household Size
    3
  • Total Population
    12,528
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* 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.

Life at 427-441 Warren St S

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/28/2026Source: Willamette Valley MLS Added to Database
April 28, 2026