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Listing provided courtesy of Connected Real Estate Group- MLS# 653049998MLS Provider

505 BROAD ST SMonmouth, OR 97361

Single Family · 4 Beds · 1 Full Bath · 1,085 Sq. ft. | 0.28 Acres
$295,000 Active

505 BROAD ST S Overview

Time on Site:
332 days
Visits:
6

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.

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505 BROAD ST S Facts & Features

  • Type Single Family
  • Sq. ft. 1,085
  • Price/Sq.ft. $272
  • Lot 0.28 Acres

Details

General

School Information

  • Elementary School: Monmouth
  • Middle Or Junior School: Talmadge
  • High School: Central

Building Information

  • Year Built: 1940

Location/Region

  • Country: US
  • County Or Parish: Polk
  • MLS Area Major: 167 - Polk Co: Except Salem

Tax Information

  • Tax Annual Amount: 2245.03
  • Tax Year: 2024

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Rehab
  • Parcel Number: 192789
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: RM

Interior

Parking Information

  • Garage Spaces: 2.0

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Partial: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 4

Building Interior

  • Building Area Total: 1085.0

General Information

  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter
  • Heating: Wall Heater
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Driveway,Off Street
  • Parking Total: 2.0

Lot Information

  • Lot Features: Corner Lot,Level
  • Lot Size Acres: 0.28
  • Lot Size Dimensions: 16 x 187
  • Lot Size Square Feet: 12196.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Architectural Style: 2 Story
  • Roof: Composition

General Information

  • Exterior Features: Fenced,Fire Pit,Garden,Outbuilding,Tool Shed,Workshop
  • Sewer: Public Sewer

505 BROAD ST S Neighborhood

Community

97361 (Monmouth) Demographics

28
Median Age
90
Population Density (per sq. mile)
51%
College Educated
$56,058
Estimated Median Income
2,035
Estimated Total Home Owners
1,950
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

505 BROAD ST S Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

505 BROAD ST S Market Data

Based on the last 30 days in this zip code

$597,129
Average List Price
$319
Average Price per Square Foot
11
Properties Sold
97
Average Days on Market
64
Properties for Sale
Calculations provided by Reliance Network

505 BROAD ST S History

Date Event Value Agent
6/5/2026Source: Regional MLS Status Change
Active
5/30/2026Source: Regional MLS Status Change
Pending
5/23/2026Source: Regional MLS Price Reduction
$295,000 -4.8%
9/30/2025Source: Regional MLS Price Reduction
$310,000 -4.6%
8/1/2025Source: Regional MLS Added to Database
August 01, 2025