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$551,938
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Property Description
Outstanding investment opportunity! Prime location near schools and a major thoroughfare. First time on the market in 20 years with an exceptional rental history-just one vacancy in the past decade. Features include a 30-year membrane roof, fresh exterior paint (June 2026), low-maintenance ownership, and no owner-paid utilities. Below-market rents provide dependable income today with strong potential for increased returns over time.
Full Property Details
Full Property Details for 1921 Elm St SW
General
- Sold For: $551,938
- Taxes: $4,729 (2025)
- Status: Closed
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 842959
- Added to Site: 104 day(s) ago
Interior
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Location
- County: LINN COUNTY
- Subdivision: Schultz Fron Add to S Alb
- Complex: 1921 SW Elm St Albany
- Driving Directions: Hwy 99E to SW Queen Ave. West on Queen to SW Elm St. South on Elm to 20th. Property is on the NEC of Elm and 20th
Heating & Cooling
- Heating Type: Gas, Window Unit (AC), Wall Furnace
- Heating Fuel: Gas, Window Unit (AC), Wall Furnace
Utilities
- Sewer: City
- Water: City
Structural Information
- Roof: Other (Refer to Remarks)
- Square Feet: 3,232
- Year Built: 1965
Unit Information
- Units in Building: 4
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Level: First American
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Square Feet: 1
Unit 6
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.22
- Zoning: RM
- Lot Description: 78
Financial Considerations
- Price Per Sq. Ft.: $170.77
- Price Per Acre: $2,727,268.18
- Assessment Year: 1965
- Tax Amount: $4,729
- Tax Year: 2025
Disclosures and Reports
- Lot Number: 78
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Schools
Schools serving 1921 Elm St SW
School District:Greater Albany School District 8j
| Name | Grades | Distance |
|---|---|---|
Liberty Elementary School, Albany, OR 2345 Southwest Liberty Street, Albany, OR 97321 | K-5 | 0.3 mi |
Memorial Middle School 1050 Southwest Queen Avenue, Albany, OR 97321 | 6-8 | 0.1 mi |
West Albany High School 1130 Southwest Queen Avenue, Albany, OR 97321 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1921 Elm St SW
Date
Details
Price
Change
Source
8/28/2026
Sold
$551,938
-8.01%
MLS
7/01/2026
Listed
$599,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1921 Elm St SW, Albany, OR 97321 (MLS# 842959) is a Multi-Family property that was sold at $551,938 on August 28, 2026. Want to learn more about 1921 Elm St SW? Do you have questions about finding other Multi-Family real estate for sale in Albany? You can browse all Albany real estate or contact a Coldwell Banker agent to request more information.

