$350,000
Beds: 4
Sqft: 1,085
Sqft lot: 11,994
Acre lot: 0.28
Just Listed

Listing courtesy of CONNECTED REAL ESTATE GROUP {attribution_contact}

Status: Active
Property Type: Residence
Year Built: 1940
Days On Website: 7

Property Details for 505 Broad St S, Monmouth, OR 97321

Downtown property with amazing potential; this charming home is set on a spacious oversized lot with development possibilities in the heart of Monmouth. 4BR/1BA, this two-story home is set on .28 acres, has a detached 2-car garage/workshop, tool lean-to and a garden shed located in a gorgeous backyard with mature landscaping. There is an RV disposal with plenty of room for RV parking. In need of some TLC, there is loads of potential for a home owner or developer. Buyer to confirm with the City of Monmouth. Charming 1940s Two-Story Home on Spacious Double Lot with Development PotentialDiscover the possibilities in this classic 1940s two-story home situated on over a quarter-acre lot in Monmouth. With four bedrooms and one bathroom, this home offers a unique blend of vintage charm and exciting potential. Though it could use some TLC, the property’s highlights make it a standout opportunity.The expansive lot features a beautifully landscaped garden and backyard with mature trees and flowering shrubs, creating a peaceful retreat with plenty of space to relax and entertain. For added convenience, the property includes a detached two-car garage with an adjoining workshop, a garden shed, and ample room for RV parking, complete with an RV disposal.In addition to its charm and size, the property’s oversized lot presents potential for development. According to the City of Monmouth, a multifamily unit may be possible (buyer to verify and perform due diligence).This property is perfect for those looking to restore a classic home, invest in additional development, or simply enjoy a spacious garden sanctuary in the heart of Monmouth. Don’t miss out on this one-of-a-kind opportunity!

Listing

  • 7 days on market
  • Price per acre: $1,250,000
  • Price per square foot: $323

Location

  • County: Polk

Bedrooms

  • 4 bedrooms

Building

  • Built in 1940
  • 1085 approximate total square feet
  • Square footage source: County

Lot

  • 0.28 acres
  • Lot is approximately 11994 square feet
  • Approximate lot dimensions: 61 x 187

Exterior Features

  • Color: Light red

Living Room

  • Living room on level 1/Main

Dining Room

  • Dining room on level 1/Main

Kitchen

  • Kitchen on level 1/Main

Primary Bedroom

  • Master bedroom on level 1/Main

Second Bedroom

  • Second bedroom on level 1/Main

Third Bedroom

  • Third bedroom on level 2/Upper

Fourth Bedroom

  • Fourth bedroom on level 2/Upper

Garage

  • 2 garage spaces
  • Garage type: Detached

Schools

  • Elementary school: Monmouth
  • Middle school: Talmadge
  • High school: Central

Possession

  • Possession: Coe

Taxes

  • Tax years: 24/25
  • Tax amount: $2,339

Map View


$350,000 - 505 Broad St S, Monmouth, OR 97321

Street View


Directions


505 Broad St S
Monmouth, OR 97321
County: Polk