Courtesy: Keller Williams Realty Portland Premiere
503-597-2444
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.
Courtesy: Equity Oregon Real Estate
503-266-3657
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.
Canby is located in Oregon. Canby, Oregon has a population of 18,078. Canby is more family-centric than the surrounding county with 35.23% of the households containing married families with children. The county average for households married with children is 33.61%.
The median household income in Canby, Oregon is $83,948. The median household income for the surrounding county is $88,517 compared to the national median of $69,021. The median age of people living in Canby is 40.8 years.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 36.1 degrees. The average rainfall is approximately 42.8 inches per year, with 1.6 inches of snow per year.
