Damonian Pike

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Listing provided courtesy of COLDWELL BNKR/COMMERCIAL DIV- MLS# 841787MLS ProviderContact Information: Agent: 503-587-4777

271 E Clay StMonmouth, OR 97361

Multi-Family · 11 Beds · 4,416 Sq. ft. | 0.30 Acres
$950,000 ACTIVE

271 E Clay St Overview

Time on Site:
27 days
Visits:
0

Introducing 271 Clay Street East, a well-appointed multifamily residence offering acompelling ownership opportunity in Monmouth. The building showcases efficient floor plans, complemented by recent capital improvements (some units have undergone flooring, door, and cabinet updates), and a new membrane roof. This asset delivers a stable rental stream with potential for additional upside, making it an attractive addition to any multifamily portfolio seeking consistent returns and low management complex. 100% leased investmentEstimated NOI of $57,578Contact Brokers for full Rent Roll and Income/Expenses

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271 E Clay St Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,416
  • Price/Sq.ft. $215
  • Lot 0.30 Acres

Details

General

Building Information

  • Year Built: 1963

Location/Region

  • County Or Parish: Polk
  • MLS Area Major: 95 POLK COUNTY

General Information

  • Property Sub Type: Multi- (5+)
  • Property Type: Multi Family

Interior

Beds/Baths

  • Bedrooms Total: 11

General Information

  • Flooring: Carpet,Laminate,Luxury Vinyl Plank
  • Foundation Details: Continuous
  • Living Area: 4416

Exterior

Lot Information

  • Lot Size Acres: 0.3
  • Lot Size Square Feet: 13168
  • Water Source: City

General Information

  • Sewer: City

271 E Clay St Neighborhood

Community

97361 (Monmouth) Demographics

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

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* 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.

271 E Clay St Market Data

Based on the last 30 days in this zip code

$600,612
Average List Price
$319
Average Price per Square Foot
11
Properties Sold
101
Average Days on Market
61
Properties for Sale
Calculations provided by Reliance Network

271 E Clay St History

Date Event Value Agent
6/2/2026Source: Willamette Valley MLS Added to Database
June 02, 2026