406 Madrona (-408) St E, Monmouth, OR 97361

Local realty services provided by:Better Homes and Gardens Real Estate Equinox
Listed by: lisa ann scheirmanAgent: 503-949-2411
Office: homesmart realty group - monmouth
MLS#:835893
Source:OR_WVMLS
406 Madrona (-408) St E,Monmouth, OR 97361
$600,000
Virtual Tour
  • - Beds
  • 5 Baths
  • 2,572 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$600,000
  • Price per sq. ft.:$233.28

About this home

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.

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Home facts

  • Year built:1997
  • Listing ID #:835893
  • Added:54 day(s) ago
  • Updated:February 10, 2026 at 04:06 PM

Rooms and interior

  • Total bathrooms:5
  • Living area:2,572 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1997
  • Building area:2,572 sq. ft.
  • Lot area:0.13 Acres

Schools

  • High school:Central
  • Middle school:Talmadge

Utilities

  • Water:City

Finances and disclosures

  • Price:$600,000
  • Price per sq. ft.:$233.28
  • Tax amount:$5,460 (2025)
MLS LogoBased 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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