For Sale373d on market

297 Main St W

Monmouth, OR, 97361 • 97361 • Polk County

$899,990

$274/sqft

-$100,000 since Apr 10, 2025

Down payment assistance available

8Beds

4Baths

3,280Sqft

0.21 acLot

1971Built

Property DNA

4 highlights

Territorial Views

Territorial

TOWN OF MONMOUTH

97361

Outdoor Living

Covered Patio · Deck

RV/Boat Storage

This home is getting attention

Listed 373 days ago · 320 views · 14 saves

Market activity

Demand and pricing signals for this listing

320 views

People checking out this listing

14 saves

Buyers have saved this home

373 days on market

Established listing

$274/sqft

Price per square foot

About this home

Multi Family · Built 1971

Fantastic Investment 4-plex in the Heart of the Valley in the thriving town of Monmouth. Chance for Owner Occupied Investment, 2 blocks from WOU campus , one block from downtown. Property has amazing rental history, HUD capable (2 are currently HUD with scheduled increases), Updated Laundry facilities (in house only, tenants access) , Upstairs balconies, Lower patios, Greenspace, 7-spot parking lot with streetside and easy-care grounds. 3 of 4 units have been completely remodeled, Amazing opportunity!

Standout features identified

Our analysis highlights easy-care grounds, lower patios, and upstairs balconies as key attractions of this home.

Estimated monthly payment

Based on current rates

$5,656/month

Principal & Interest$4,456

Property Tax$900

Insurance$300

Down payment20% ($179,998)

3%50%

Est. 6.30% rate · 30yr fixed · $719,992 loan

Full calculator →

At a glance

Key facts and listing details

TypeQuadruplex

Year Built1971

HeatingElectric, Baseboard, Zoned

ParkingParking Lot (1) + Street, Parking Lot (2) + Street

Days on Zillow373 Days

Price/sqft$274

Property

Home typeMulti Family

Sub-typeQuadruplex

Year built1971

Systems

HeatingElectric, Baseboard, Zoned

RoofComposition,Shingle

ConstructionWood Siding

Water / SewerPublic / Public Sewer

Parking & Outdoor

ParkingParking Lot (1) + Street, Parking Lot (2) + Street

FencingPartial

Lot9,148 sqft

Location & Tax

Neighborhood97361

ZoningRM

Annual tax$5,120

Features & details

14 categories of property features

Interior Features

Interior

Mudroom

Other(Refer to Remarks)

High Speed Internet

Appliances

Dishwasher

Disposal

Electric Range

Range Included

Electric Water Heater

Refrigerator

Flooring

Carpet

Laminate

See Remarks

Heating

Electric

Baseboard

Zoned

Laundry

Common Area

Exterior Features

Exterior

Green

Parking

Parking Lot (1) + Street

Parking Lot (2) + Street

Construction

Wood Siding

Patio & Porch

Covered Patio

Deck

Lot Features

Irregular Lot

Landscaped

Community

Other (Refer to Remarks)

Views

Territorial

Utilities

Water Connected

Other Structures

RV/Boat Storage

Room details

1 room detailed

Dining Room

Area (Combination)

Listing insights

Market data and value estimates

StatusFor Sale

Days on market373

Est. value$872,500

Est. rent$1,434/mo

Tax rate0.80%

Price/sqft$274

On marketMar 18, 2025

PostedMar 18, 2025

Last sold$675,000

MLS updatedFeb 15, 2026

Tour days9

Favorites14

How are the schools in Monmouth?

3 schools rated nearby

Monmouth Elementary School

Elementary • Public • K-5

0.8 mi

Talmadge Middle School

Middle • Public • 6-8

1.4 mi

Central High School

High • Public • 9-12

1.4 mi

Location

Monmouth, OR, 97361

Expand map

Price history

13 events

DateEventPrice$/sqftSource

Oct 29, 2025Listed For Sale$899,990$274WVMLS

Sep 15, 2025Contingent$899,990$274WVMLS

May 27, 2025Listed For Sale$899,990$274WVMLS

Apr 26, 2025Contingent$899,990$274WVMLS

Apr 10, 2025Price Change$899,990$274WVMLS

Mar 18, 2025Listed For Sale$999,990$305WVMLS

Mar 18, 2025Listing Removed$1,099,000$335WVMLS

Dec 13, 2024Price Change$1,099,000$335WVMLS

Sep 5, 2024Listed For Sale$1,150,000$351WVMLS

Jul 19, 2023Sold$675,000$206WVMLS

Jun 27, 2023Listed For Sale$675,000$206WVMLS

Apr 8, 2014Listing Removed$575—Windermere Western View Properties

Sep 10, 2013Listed For Rent$575—Windermere Western View Properties

Listed For Sale$899,990

Oct 29, 2025•$274/sqft•WVMLS

Contingent$899,990

Sep 15, 2025•$274/sqft•WVMLS

Listed For Sale$899,990

May 27, 2025•$274/sqft•WVMLS

Contingent$899,990

Apr 26, 2025•$274/sqft•WVMLS

Price Change$899,990

Apr 10, 2025•$274/sqft•WVMLS

Listed For Sale$999,990

Mar 18, 2025•$305/sqft•WVMLS

Listing Removed$1,099,000

Mar 18, 2025•$335/sqft•WVMLS

Price Change$1,099,000

Dec 13, 2024•$335/sqft•WVMLS

Listed For Sale$1,150,000

Sep 5, 2024•$351/sqft•WVMLS

Sold$675,000

Jul 19, 2023•$206/sqft•WVMLS

Listed For Sale$675,000

Jun 27, 2023•$206/sqft•WVMLS

Listing Removed$575

Apr 8, 20140•Windermere Western View Properties

Listed For Rent$575

Sep 10, 20130•Windermere Western View Properties

Nearby homes

Recently Sold

$675,000

8 bd4 ba3,280 sqft

297 Main St W #4, Monmouth, OR

Recently Sold

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8 bd4 ba3,280 sqft

297 Main St W APT 3, Monmouth, OR

Off Market

$483,900

261 Main St W, Monmouth, OR

Off Market

$118,830

261 Main St W, Monmouth, OR

Off Market

$298,640

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163 College St S APT A, Monmouth, OR

Recently Sold

$384,250

4 bd2 ba1,885 sqft

163 College St S, Monmouth, OR

Off Market

$396,000

4 bd3 ba1,796 sqft

290 Main St W, Monmouth, OR

Off Market

$450,200

4 bd2 ba1,667 sqft

266 Clay St W, Monmouth, OR

Neighborhood details

Local context around this listing

Monmouth, OR • Polk County

Nearby cities

DallasEolaFalls CityGrand RondeIndependenceMonmouthRickreallSheridan

Nearby zip codes

97361

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Value estimates

Live

Est. value$872,500

Est. rent$1,434/mo

30yr rate est.6.30%

Affordability$5,451/mo

Accepted financing

FHAVA LoanCashODVAConventional

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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.

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