6 days on Rocket
$4,155 Closing Credit¹
#305861327, Aimee Farrell, Listing Office: Works Real Estate
$350,000 List price
505 Broad St S Monmouth, OR 97361
$4,156
Closing credit¹
4 beds
1 full
1,085 sqft
0.3 acres
$323 / sqft
House
Property details
About 505 Broad St S
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!
Highlights
Home typeSingle Family Residence
HeatingWall Furnace
StatusActive
Size1,085 sqft
Lot size0.28 Acres
Year built1940
ParkingDriveway, Street Parking
MLS #24222334
Garage2 spaces
Summary
- Full Bathrooms: 1
- Basement: No
- Flooring Type: Vinyl
- Interior: Ceiling Fan(s), Wall to Wall Carpet
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Driveway, Street Parking
- Exterior: Garden, Outbuilding, Patio, Porch, RV Hookup, RV Parking, Tool Shed, Workshop, Yard
- Architectural Style: 2 Story
- Heating: Wall Furnace
- List Price: $350,000
- Price/SqFt: $322
- Annual Tax Amount: $2,338
- Tax Year: 2023
- Lot: Level
- Directions: West on Gwinn, north on Broad St.
- Year Built: 1940
- Stories: 2
- Living Area: 1,085 SqFt
- Lot Size: 0.28 Acres
- MLS Number: 24222334
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Connected Real Estate Group
- Office Phone: (541) 512-4430
- Listing Agent: Jessica Pankratz
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2025, 1:20:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$350,000
505 Broad St S
$4,156
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $128,370 | $2,338 |
| 2022 | $124,640 | $2,104 |
| 2021 | $121,010 | $2,104 |
| 2020 | $117,490 | $2,080 |
| 2019 | $114,070 | $1,940 |
| 2018 | $110,750 | $1,873 |
| 2017 | $107,530 | $1,863 |
History based on county public records data.
Nearby schools
5
Monmouth Elementary School
Public District KG-5
0.7 mi
•958 Church St E
4
Ash Creek Elementary School
Public District KG-5
1.5 mi
•1360 N 16th St
3
Independence Elementary School
Public District KG-5
2.2 mi
•150 S 4th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,354. Typical income of Monmouth, OR residents is less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
59%
<35k
33%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
61%
Single, No Kids
13%
Single, with Kids
12%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
5%
12-17 yrs old
45%
18-34 yrs old
21%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Soccer
UFC
Continuing Education Courses
Where do the neighbors shop?
Forever 21
Family Dollar
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Burger King
Qdoba
What do the neighbors drive?
Mazda
Buick
Volkswagen
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 505 Broad St S
The listing price of 505 Broad St S property is $350,000.
The property 505 Broad St S is a house located in Monmouth, Oregon, 97361.
Active Listing: 505 Broad St S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 505 Broad St S are: Monmouth Elementary School (GreatSchools Rating 5/10), Ash Creek Elementary School (GreatSchools Rating 4/10), Independence Elementary School (GreatSchools Rating 3/10), Talmadge Middle School (GreatSchools Rating 3/10), LaCreole Middle School (GreatSchools Rating 5/10), Dallas Community Charter (GreatSchools Rating 8/10), Central High School (GreatSchools Rating 6/10), Dallas High School (GreatSchools Rating 4/10), Sprague High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2023 is $2,338 (source: MLS/based on county public records data).
The property at 505 Broad St S has 4 bedrooms and 1 bathroom.
The property 505 Broad St S is 1,085 SqFt (source: MLS/tax record).
The year of construction for 505 Broad St S is 1940.
This home is located at 505 Broad St S in Monmouth, OR and zip code 97361. This 1,085 square foot home, which was built in 1940, sits on a 0.28 acre lot. Features: 4 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $350,000.
Over 0 listings were sold over their listed price in April 2025 in Monmouth, OR. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price. Between March and April 2025, Monmouth, OR real estate market has seen decrease in the number of listings by 8.3%. The median list price of listings available in April 2025 was $468,500, while the average time on the real estate market was 20 days.
From Rocket Homes Real Estate and based on county public records data.