477 BROAD STMonmouth, OR97361

$630,000
2 total units
$40,800 annual income
Capitilization Rate: 5.81
3042 sq. ft
SqFt7000to9999
Elementary School: Monmouth
Middle School: Talmadge
High School: Central
Zoning: RM
369 days on market

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Price per unit$315K/unit
Price per ft²$207.10/ft²
Time on market369 days

Property Description

2 Offers in hand. Rare Monmouth duplex within walking distance to Western Oregon University. Brand new roof - installed April 2023 & brand new vinyl flooring in Unit 479 - installed February 2023. 2018 remodel includes newer flooring + ext. paint + all appliances updated. Each spacious unit features 3 bedrooms, 2.5 baths, in-unit laundry, deep 1 car garage, off street parking & individual backyards. Professionally managed. One side is vacant with updates, the other side is rented. Generate cash flow with this income-generating investment or live in one unit & pay off your mortgage with rental income - so many possibilities!

{{ compliance-logo }}Listing Provided By eXp Realty, LLC

Financial Data

Date Sold2023-07-27
Sold Price$625,000
Original Price$617,167
Current Price$630,000
Property Taxes$4,590

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Home Facts

StatusSold
Year Built2006
Stories2
Exterior Features
Garage
MLS ID23406083

Unit Details

Unit 1
Unit 2