323 S LOCUST ST Active

Canby,OR 97013

$ 1595000

- Bed

- Bath

25700 SqFt


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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