Additional details

Discover Northwest Realty - Land

info@unitedcountrynw.com +1(360) 843-4032

Listed by Keller Williams Realty Portland Premiere • 503-709-4632

$999,900

Est. payment - /mo

1,902 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,902 sqft

Price per Sqft $525

MLS Listing ID 555613542

Year Built 1920

Annual Tax Amount $6,244

Tax Year 2025

Lot Size 0.360 Acres

Property Description

Five renovated residences, no inherited leases, and a clean slate to shape the income stream from day one. This vacant property brings together two studios, two one bedroom residences, and one two bedroom residence, creating a versatile mix with broad rental appeal. The 1920 building has been transformed with a modern look that carries from unit to unit without feeling repetitive. Rich green shaker cabinetry, crisp white subway tile, brass toned details, stainless steel refrigerators, freestanding electric ranges, and over the range microwaves give the kitchens memorable style, while bright interiors and updated lighting keep the spaces fresh and inviting. The two main level studios are efficient and polished, each with an updated bathroom and glass enclosed shower. The one bedroom residences add finished attic flex and storage areas beyond the stated rentable square footage, providing valuable flexibility and storage. Unit 5 delivers the largest layout with two bedrooms, a tub and shower combination, and direct access to an expansive fenced yard. The .36 acre corner parcel gives the property breathing room that is hard to find in a five unit offering. Seven paved off street parking spaces simplify daily living, and the broad lawn, covered porch, and separate entries create a more residential feel than a typical apartment building. Just south of downtown Canby, the property puts restaurants, shops, the Canby Public Library, Wait Park, and everyday services within easy reach, while Highway 99E connects residents to surrounding employment centers and the greater metro area. For an investor, the appeal is immediate: completed renovations, five vacant units ready for lease up, varied floor plans, useful tenant amenities, and the freedom to establish operations and rental strategy from the start. A rare chance to acquire a distinctive small multifamily asset with character, flexibility, and room to perform.

Location

State OR

County Clackamas

Area _146

Zoning R1

Rooms

Basement Partial Basement, Unfinished

Interior

Heating Wall Heater

Exterior

View Trees Woods

Roof Type Composition

Garage No

Building

Lot Description Corner Lot, Level

Story 2

Foundation Concrete Perimeter, Pillar Post Pier

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Lee

Middle Schools Baker Prairie

High Schools Canby

Others

Acceptable Financing Cash, Conventional, VALoan

Listing Terms Cash, Conventional, VALoan

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Regional Multiple Listing Service (RMLS)

Nearby School & Business

Discover Northwest Realty - Land

Broker License ID: 90947

+1(360) 843-4032 | info@unitedcountrynw.com

525 SW 4TH AVE Canby, OR 97013

Discover Northwest Realty - Land

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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