Updated 4-plex in the growing town of Independence. Perfect for an Investor or Owner Occupied Investor. Cap Rate 3.55%. Located close to downtown, schools & shopping. Roof is approx 5 yrs old, all units have been updated & have large rooms. Property has great rental history, on site laundry facilities, all units have sliders out to patios & common courtyard/greenspace. Off-street parking & easy-care grounds. Easy commute to Salem, Corvallis, Albany & McMinnville.
Off market
$582,100
1390 Monmouth Independence Hwy, Independence, OR 97351
8beds
4baths
2,947sqft
Other
Built in 1964
-- sqft lot
$582,100 Zestimate®
$198/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: November 05, 2025 at 11:13pm
Source: HomeSmart,MLS#: 819901
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Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$582,100
2% more+$11,642
With Zillow Showcase(estimated)$593,742