For sale

Listed by:

TIM RIST Cell:541-250-1065,

Dore

$1,350,000

420 4th Ave SW, Albany, OR 97321

--beds

13baths

6,064sqft

Est.:

Multi Family

Built in 1935

-- sqft lot

$-- Zestimate^®

$223/sqft

$-- HOA

What's special

Unique package deal opportunity! 7% cap rate w/ 2024 net income exceeding 6 figures. Closely located multifamily and single family portfolio. All properties include updates ranging from minor to major, full interior and exterior renovations. Properties low in a MUR Zoning District. Buyer to do Due Diligence on available Commercial uses for these buildings. SPECIAL OFFER: One year of complimentary property management included w/ full price offer or combo purchase with Station Street Apartments on 6th. Multiple addresses are included in this 4th and Washington Portfolio! 420-130 1/2 SW, 413 SW Washington, 442 4th Ave.

185 days

212

8

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 13

Heating

Natural Gas, Electric, Baseboard

Cooling

Window Unit(s), Central Air

Features

Basement: Finished,Unfinished
Has fireplace: No

Interior area

Total structure area: 6,064
Total interior livable area: 6,064 sqft

Property

Features

Fencing: Partial
Frontage length: 209

Lot

Size: 0.3 Acres

Details

Zoning: MUR

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Fiber Cement, Lap Siding
Foundation: Continuous, Slab
Roof: Composition

Condition

New construction: No
Year built: 1935

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Albany

Financial & listing details

Price per square foot: $223/sqft
Annual tax amount: $6,300
Price range: $1.4M - $1.4M
Date on market: 6/16/2025
Listing agreement: Exclusive Right To Sell
Exclusions: Tenants Personal Property
Total actual rent: 4585

Estimated market value

Not available

Estimated sales range

Not available

$1,582/mo

Price history

Date	Event	Price
8/29/2025	Price change	$1,350,000-6.9%$223/sqft
Source: WVMLS #830211 Report a problem
6/16/2025	Listed for sale	$1,450,000$239/sqft
Source: WVMLS #830211 Report a problem