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Listing provided courtesy of FIRST COMMERCIAL REAL ESTATEMLS# 840281MLS ProviderContact Information: Cell: 503-559-2694
  • 62 days on site
  • 0 views

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.

Source: Willamette Valley MLS, MLS#: 840281

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  • Property Type
    Residential Income
  • Lot
    0.62 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

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$ %
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* 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 501 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