Bought with RE/MAX Equity Group
$725,000
$750,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
3,828 SqFt
SOLD DATE : 09/16/2026
Key Details
Sold Price $725,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,828 sqft
Price per Sqft $189
Subdivision Schmeiser
MLS Listing ID 514482990
Sold Date 09/16/26
Year Built 1990
Annual Tax Amount $7,831
Tax Year 2025
Lot Size 0.340 Acres
Property Description
Exceptional 4-Plex Investment Opportunity! Situated on a large .34 AC private flag lot with potential to add 2-3 additional units (buyer to verify). This fully occupied property offers future potential for strong income upside. Currently rented at 35% below fair market value. Each spacious 950 SF, 2-bedroom, 1-bath unit includes washer/dryer, refrigerator, range, dishwasher, private storage locker, covered carport, and an additional parking space. Tenants enjoy a quiet, tucked-away private setting with convenient access to schools, parks, shopping, dining, and downtown Canby. Located in a charming small-town community with nearby access to I-5 for an easy commute to Portland Metro or Salem. Excellent opportunity for investors seeking stable cash flow and long-term development potential. Please do not disturb tenants. Property is being sold in "as-is" condition. Seller to do no repairs at listed price.
Location
State OR
County Clackamas
Area _146
Zoning R-2
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Lot Description Flag Lot, Level, Private, Trees
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Trost
Middle Schools Baker Prairie
High Schools Canby
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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