525 SW 4TH AVE, Canby, OR 97013

  • $999,900

Overview

  • 1902 Sqft
    Property Size
  • 1920
    Year Built
  • MultiFamily
    Property Type
  • 555613542
    MLS#
  • 0.36 Acres
    Land Area
  • Keller Williams Realty Portland Premiere
    Office Name
  • Darryl Bodle
    Agent Name

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.

Details

Updated on August 14, 2026 at 6:54 pm
  • MLS# 555613542
  • Price $999,900
  • Property Size 1902 Sqft
  • Land Area 0.36 Acres
  • Garage Size x x
  • Year Built 1920
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Keller Williams Realty Portland Premiere
  • Agent Name Darryl Bodle
  • Office Phone 503-597-2444

Additional details

  • Listing Terms Cash, Conventional, VALoan
  • Roof Composition
  • Sewer Public Sewer
  • Heating Wall Heater
  • County Clackamas
  • Property Type MultiFamily
  • Parking Off Street, Paved
  • Elementary School Lee
  • Middle School Baker Prairie
  • High School Canby

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