$4,156

closing credit¹

505 Broad St S Monmouth, OR 97361

$350,000
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

  • 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

IDXThe 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: 2/6/2025, 7:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow featuring central air condition unit and a front lawn

$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

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $28,354. The majority of Monmouth, OR residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

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?

  • SoccerSoccer
  • UFCUFC
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Forever 21Forever 21
  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • Burger KingBurger King
  • QdobaQdoba

What do the neighbors drive?

  • MazdaMazda
  • BuickBuick
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 505 Broad St S

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.

The inventory of homes for sale in Monmouth, OR between December and January 2025 decreased by 31.3%. In January 2025 median list price was $507,425 and the average listing age was 187 days.

From Rocket Homes Real Estate and based on county public records data.

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