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Under contract
  • Listed by: 

    LISA ANN SCHEIRMAN Agent:503-949-2411,

    Homesmart Realty Group - Monmouth

    $700,000

    1390 Monmouth St, Independence, OR 97351

    8beds
    4baths
    2,947sqft
    : 
    Quadruplex
    Built in 1964
    -- sqft lot
    $690,400 Zestimate®
    $238/sqft
    $-- HOA

    What's special

    Accepted Offer with Contingencies. Updated 4-plex in the growing town of Independence. Perfect for an Investor or Owner Occupied Investor. Rental income of $3,932/mo. Located close to downtown, schools & shopping. Roof is approx 5 yrs old, all units have been updated & have large rooms. Tenants pay utilities. Property has great rental history, on site laundry facilities, all units have sliders out to patios & common courtyard/greenspace. Off-street parking & easy-care grounds. Easy commute to Salem, Corvallis, Albany & McMinnville.
    265 days
    on Zillow
    |
    101
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 05, 2025 at 07:38am

    Listed by:

    LISA ANN SCHEIRMAN Agent:503-949-2411,

    Homesmart Realty Group - Monmouth

    Source: WVMLS,MLS#: 819901MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Dining room
    • Features: Area (Combination)
    Heating
    • Electric
    Appliances
    • Included: Electric Range, Range Included, Electric Water Heater, Refrigerator
    • Laundry: Common Area
    Features
    • Flooring: Carpet, Laminate, Tile, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 2,947
    • Total interior livable area: 2,947 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: 1 space
    Features
    • Patio & porch: Patio
    • Exterior features: Tan
    • Fencing: Partial
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 10,703 Square Feet
    • Dimensions: 75' x 115'
    • Features: Dimension Above

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Lap Siding
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Independence

    Financial & listing details

    • Price per square foot: $238/sqft
    • Annual tax amount: $4,427
    • Price range: $700K - $700K
    • Date on market: 8/4/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Land Sales Contract,VA Loan,Cash,Conventional
    • Total actual rent: 3932
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