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Listed by Equity Oregon Real Estate
$1,595,000
Est. payment /mo
25,700 SqFt
Active
323 S LOCUST ST Canby, OR 97013
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 25,700 sqft
Price per Sqft $62
MLS Listing ID 194314710
Year Built 1979
Annual Tax Amount $6,091
Tax Year 2024
Lot Size 0.590 Acres
Property Description
Outstanding investment opportunity with this pride-of-ownership 5-unit multifamily property, offering a strong mix of tenant-friendly features and recent upgrades. The building includes two 2-bedroom, 1-bath single-story units and three 2-bedroom, 1.5-bath townhouse units, all with spacious layouts, washer/dryer hookups, and private fenced backyards. Major updates include a new roof (2014), new siding and exterior paint (2015), newer carpet throughout, and updated appliances in select units. Each unit also includes its own exterior storage unit, adding even more value and convenience for residents. The property features 12 off-street parking spaces, including 4 covered spots, and has been well-maintained, ideal for both seasoned investors and first-time multifamily buyers. Close to schools, with a City Park next door and only 4 blocks to downtown Canby. What more could your tenants ask for? Per City of Canby, additional open space on property providing room for building up to 7 more units based on design. Please check with the City. Please do not disturb the many long-term tenants. Offers written subject to interior inspection. A solid, turnkey asset in excellent condition—ready to generate income from day one.
Location
State OR
County Clackamas
Community Frontyardlandscaping
Area _146
Zoning resid
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Cooling None
Exterior
Community Features FrontYardLandscaping
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Level
Story 2
Foundation Concrete Perimeter
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
Listing Terms Cash, Conventional

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