Allan Polendey

505 Broad St S

Monmouth, OR
$ 265,000 Beds 4 Baths 1 Sq 1,085
Monthly Estimate* How much can I afford?

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 zoning and development potential with the City of Monmouth.

Active

  • Price
  • $ 265,000
  • City
  • Monmouth
  • Bedrooms
  • 4
  • Full Bathrooms
  • 1
  • County
  • POLK
  • Half Bathrooms
  • 0
  • Area
  • 167
  • Lot Size
  • 0.28 Acres
  • Zip
  • 97361
  • Sqr Footage
  • 1,085
  • Year Built
  • 1940
  • Taxes
  • $ 2245
  • Style
  • Stories2
  • MLS#
  • 653049998
Listed By: Connected Real Estate Group -
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer PublicSewer
Heating WallHeater
Roof Composition
Zoning RM
Garage Spaces 2.0
Architectural Style Stories2
Year Built 1940
Stories Count 2
Property Subtype SingleFamilyResidence
Tax Year 2024
Parcel Number 192789
County Polk
Property Type Residential
HOA No
Full Baths 1
Status Active
Directions West on Gwinn,north on Broad. Home on right.
High School Central
City Monmouth
Disclosures Disclosure
MLS Area _167
Lot Size Square Feet 12196.0
Listing Terms Cash,Rehab
Elementary School Monmouth
Tax Annual Amount 2245.03
Middle/Junior High School Talmadge
Property Condition Fixer
Standard Status Active
Accessory Dwelling Unit Y/N No
Legal Description ONE STORY WITH ATTIC
SeniorCommunityYn False
ADU False

Interior Features

Basement CrawlSpace
Total Bathrooms 1.0
FuelDescription Electricity
Total Bedrooms 4
Total Baths 1

Exterior Features

Exterior Amenities Fenced,FirePit,Garden,Outbuilding,ToolShed,Workshop
Parking Features Driveway,OffStreet
Lot Features CornerLot,Level
Water Source PublicWater
Total Parking 2.0
Garage Type Detached
Exterior Description Asbestos
Foundation Details ConcretePerimeter
Building Area Total 1085.0
Lot Dimensions 16 x 187
Lot Size Acres 0.28
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Monmouth Elementary School
Middle School Talmadge Middle School
High School Central High School

Price History

8/2/2025 Listed $325,000
10/1/2025 5% - $310,000
5/26/2026 5% - $295,000
9/8/2026 11% - $265,000

Property vs Zip Code Average in 97361

Price
AVG $540K
$270K
Taxes
AVG $3,810
$2,245
Year Built
AVG 1994
1940
Visits
AVG 30
261
Data Provided by Inside Real Estate®

Areas That We Cover

505 Broad St S Monmouth, OR is a Single Family Home for sale at $265000 with 1085 sqft and a lot size of 0.28 Acres Acre(s). 505 Broad St S Monmouth has 4 bedrooms, 1 baths and was built in 1940. The property's zip code is 97361 which is in Monmouth, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Allan Polendey

Allan Polendey

971-297-3357

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