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$599,999 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 7 Total Beds
  • Updated 4 days ago

Listed By: PATRICK. MULHERN | Smi Real Estate | (971) 707-0335 | Cell: 971-707-0335

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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 for 1921 SW Elm St

General

  • Price: $599,999
  • Taxes: $4,729 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 842959
  • Updated: 7/2/2026
  • Added to Site: 5 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.: $185.64
  • 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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NMLS#: 1598647

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Schools serving 1921 SW Elm St

School District:Greater Albany School District 8j
NameGradesDistance
Liberty Elementary School, Albany, OR
2345 Southwest Liberty Street, Albany, OR 97321
K-50.3 mi
Memorial Middle School
1050 Southwest Queen Avenue, Albany, OR 97321
6-80.1 mi
West Albany High School
1130 Southwest Queen Avenue, Albany, OR 97321
9-120.1 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 SW Elm St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/01/2026
Listed
$599,999
246.37%
MLS
12/27/2006
Sold
$173,225
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1921 SW Elm St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,729
3%
$237,640
3%
2024
$4,592
3%
$230,720
3%
2023
$4,462
8%
$224,000
6%
2021
$4,133
-6%
$211,150
-3%
2022
$4,391
6%
$217,480
6%
2021
$4,133
4%
$205,000
3%
2019
$3,982
3%
$199,030
3%
2018
$3,879
3%
$193,240
3%
2017
$3,766
7%
$187,620
3%
2016
$3,510
2%
$182,160
3%
2015
$3,445
3%
$176,860
3%
2014
$3,359
4%
$171,710
3%
2013
$3,231
—
$166,710
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1921 SW Elm St, Albany, OR 97321 (MLS# 842959) is a Multi-Family property with 4 units containing 7 bedrooms and 0 full bathrooms. 1921 SW Elm St is currently listed for $599,999 and was received on July 01, 2026. Want to learn more about 1921 SW Elm St? 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.

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