160 WHITMAN ST, Monmouth, OR 97361

  • $2,350,000

Overview

  • 1964
    Year Built
  • MultiFamily
    Property Type
  • 274133244
    MLS#
  • 0.69 Acres
    Land Area
  • SMI Commercial Real Estate LLC
    Office Name
  • Eric Swanson
    Agent Name

Description

The Whitman 16 is a value-add 16-unit property directly adjacent to Western Oregon University. The property features (12) large 2 bed / 1 bath units and (4) 1 bed / 1 bath units situated on 0.69 acres. Property has a brand-new exterior, new siding, paint, windows, doors, and roofs. Most recent leases at $1,350 puts projected NOI at $166,896 and a 7.27% cap rate.Please do not disturb the residents.Members of the selling entity are Licensed Real Estate Brokers in the State of Oregon.

Details

Updated on May 1, 2026 at 10:52 pm
  • MLS# 274133244
  • Price $2,350,000
  • Land Area 0.69 Acres
  • Garage Size x x
  • Year Built 1964
  • Property Type MultiFamily
  • Property Status Active
  • Office Name SMI Commercial Real Estate LLC
  • Agent Name Eric Swanson
  • Office Phone 503-390-6060

Additional details

  • Listing Terms Cash, Conventional, FHA, VALoan
  • Sewer Public Sewer
  • Cooling Other
  • Heating Other
  • County Polk
  • Property Type MultiFamily
  • Elementary School Monmouth
  • Middle School Talmadge
  • High School Central

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