406 Madrona 408 St E, Monmouth, OR 97361

Listing Courtesy of HOMESMART REALTY GROUP - MONMOUTH. Agent: 503-949-2411 Selling Office: HOMESMART REALTY GROUP - DALLAS.

$595,000
8
BD
5
BA
2,572
SqFt
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Sold Price
$595,000
List Price
$600,000
Closing Date
Mar 27, 2026
MLS#
835893
Status
CLOSED
Type
Multifamily
Subtype
Duplex
City
Monmouth
Area
95 Polk County
County
Polk
Bedrooms
8
Bathrooms
5
Year Built
1997
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(503) 838-1912

Property Description

Well-located 4 bed, 2.5 bath duplex in an established neighborhood with proven rental history. Gross rents $4,250–$4,300/mo, tenants pay all utilities, supporting strong cap-rate potential. Each unit includes a single-car garage, gas fireplace, gas heat, canned lighting, ½ bath on main and 2 full baths up. Low-maintenance Hardi-plank exterior, shingled peaks, comp roof. Interior W/D, fenced yard. Easy commute to Salem, Albany & Corvallis. Professionally managed.

(503) 838-1912
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Additional Information

Water
Public
Heating
Forced Air
Flooring
Carpet, Vinyl
Sewer
Public Sewer
View
Territorial
Roof
Composition
Middle School
Talmadge
High School
Central
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Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market.