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297 Main St W, Monmouth, OR 97361

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For Sale

$999,990

8 beds • 4 baths • 3,280 sqft

Estimated Payment

$ 5,573 /mo. †

6.67% APR for 30 yrs.
$5,120 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $304.88
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Phenomenal Investment 4-plex in the Heart of the Willamette Valley in the thriving town of Monmouth. Chance for Owner Occupied Investment, 2 blocks from campus , one block from downtown. Property has amazing rental history, HUD capable (unit 1 is currently HUD), Updated Laundry facilities (in house only, tenants access) , Upstairs balconies, Lower patios,Greenspace, 7-spot parking lot with10 streetside additional and easy-care grounds. 3 of 4 units have been completely remodeled. 6.81%Cap Rate.
MLS# 826630

Courtesy Of EXP REALTY LLC

(888) 814-9613

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Disabled Access
  • Architecture Style
    Other
  • Lot Size
    0.21 Acres

Map and Directions

Directions to 297 Main St W, Monmouth, OR 97361

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(503) 652-2260
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $5,146
  • Property Taxes
    $426
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $5,573

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Monmouth Elementary School

Grades KG-5 Public School

Monmouth, OR 97361 0.8 miles
958 church st e

488 total students
19:1 Student teacher ratio

School Rating: C+

School Details

Talmadge Middle School

Grades 6-8 Public School

Independence, OR 97351 1.5 miles
51 s 16th st

744 total students
20:1 Student teacher ratio

School Rating: D

School Details

Central High School

Grades 9-12 Public School

Independence, OR 97351 1.4 miles
1530 monmouth st

1043 total students
24:1 Student teacher ratio

School Rating: B

School Details
Other Nearby Schools Distance Type Grades School Rating
Monmouth Montessori School Llc 0.8 miles Private PK-KG
Ash Creek Elementary School 1.6 miles Public KG-5 C-
Independence Elementary School 2.4 miles Public KG-5 D+
Faith Christian School 5.3 miles Private PK-8
Whitworth Elementary School 5.6 miles Public 4-5 B
Dallas High School 5.7 miles Public 9-12 C-
Dallas Community Charter 6.4 miles Public KG-8 A-
Oakdale Heights Elementary School 6.7 miles Public KG-3 B-

Monmouth Montessori School Llc

Distance: 0.8 miles

Type Private

Grades: PK-KG

Ash Creek Elementary School

Distance: 1.6 miles

Type Public

Grades: KG-5

C-

Independence Elementary School

Distance: 2.4 miles

Type Public

Grades: KG-5

D+

Faith Christian School

Distance: 5.3 miles

Type Private

Grades: PK-8

Whitworth Elementary School

Distance: 5.6 miles

Type Public

Grades: 4-5

B

Dallas High School

Distance: 5.7 miles

Type Public

Grades: 9-12

C-

Dallas Community Charter

Distance: 6.4 miles

Type Public

Grades: KG-8

A-

Oakdale Heights Elementary School

Distance: 6.7 miles

Type Public

Grades: KG-3

B-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Monmouth, OR 97361

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Monmouth, OR 97361

This community’s employment is highest in the food and education industries. The area’s overall household expenses are below the national average.

79° August
Hottest Average Month
33° January
Coldest Average Month
5,189 Total Households in Area
4% Increase in population since the year 2010
28.8%
of households
have children
25 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Monmouth, OR 97361

Monmouth, OR 97361 has a population of 13,654 people in 5,189 households with a median age of 35 years old.

4%
Increase in population
since the year 2010
Population is Trending up
4,656
Total households as of 2010
8.7%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 35 years old. The smallest percentage group is 18-24 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 76%
Hispanic 16%
Other 7%
Asian 3%
Native American 1%
Black 1%
The most prevalent ethnicity is White at 76%, followed by Hispanic at 16%, Other at 7%, and Asian at 3%.

Economics
for Monmouth, OR 97361

83 /sq mi
Population Density
$68,553 /yr
Median Household Income
$407,500
Median Sales Price
25 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 17.88% of the households.

Transportation to Work

  • Drive 84%
  • Work from Home 8%
  • Walk or Bike 7%
  • Public Transit 1%

Occupancy by Type

Rented 2,703 49%
Owned 2,486 45%
Vacant 384 7%

White vs Blue Collar Jobs







White Collar 71%
Blue Collar 29%

Family & Education Facts
for Monmouth, OR 97361

35 Median Age

Average Household Size

2.5
persons per
household

49.6%

Married Households

Community Population By Education

Some College 26%
High School Graduate 20%
Bachelors Degree 19%
Associates Degree 15%
Graduate Degree 12%
Some High School 9%
Of the total people surveyed, the most prevalent educational attainment level is Some College, representing 25.85% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28.8% of households have children

Weather
for Monmouth, OR 97361

The weather for this area ranges from a high of 79° F in August to a low of 33° F in January

79° August
Hottest Average Month
33° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
33°
45°
Feb
34°
50°
Mar
36°
54°
Apr
38°
59°
May
42°
65°
Jun
47°
71°
Jul
50°
79°
Aug
50°
79°
Sep
48°
74°
Oct
42°
63°
Nov
37°
52°
Dec
34°
46°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Monmouth, OR 97361!
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Copyright © 2025 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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