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$633,000
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Property Description
Excellent investment opportunity to own a 4 plex at a great price! Each unit has a nice functional floorplan, single car garage with washer/dryer hookups, and a private fenced yard with covered patio. Rents are below market value, so there is plenty of room to grow your income as rents are increased. With a little bit of TLC, there is great potential to grow some equity as well! Priced below last year's appraisal of $700,000!
Full Property Details
Full Property Details for 2920 Railroad St SE
General
- Sold For: $633,000
- Taxes: $6,664 (2024)
- Status: Closed
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 832867
- Added to Site: 152 day(s) ago
Interior
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Exterior
- Color: Light Blue
Location
- County: LINN COUNTY
- Driving Directions: Marion St to E on 28th Ave, S on Railroad St
Heating & Cooling
- Heating Type: Gas, Forced Air
- Heating Fuel: Gas, Forced Air
- Furnaces: 900
- Water Heater: Gas
- Water Heaters: 25424
Utilities
- Sewer: City
- Water: City
- # Electric Meters: 1067
Structural Information
- Roof: Shingle
- Square Feet: 3,260
- Below Ground: 18 Sq. Ft.
- Year Built: 1968
Unit Information
- Units in Building: 4
- Units w/Range/Oven: 9856
Unit 1
- Square Feet: 820
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Square Feet: 759
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Square Feet: 759
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Square Feet: 820
- Level: First American
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Square Feet: 2
Unit 6
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 759
- Frontage Feet: 759
- Zoning: RS 6.5
- Lot Description: 12
Financial Considerations
- Price Per Sq. Ft.: $194.17
- Price Per Acre: $2,096,666.67
- Assessment Year: 1968
- Assessment Amount: $147
- Tax Amount: $6,664
- Tax Year: 2024
Disclosures and Reports
- Lot Number: 12
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Schools
Schools serving 2920 Railroad St SE
School District:Greater Albany School District 8j
| Name | Grades | Distance |
|---|---|---|
Lafayette Elementary School, Albany, OR 3122 Southeast Madison Street, Albany, OR 97322 | K-5 | 0.3 mi |
Calapooia Middle School 830 Southeast 24th Avenue, Albany, OR 97322 | 6-8 | 0.3 mi |
South Albany High School 3705 Columbus Street Southeast, Albany, OR 97322 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2920 Railroad St SE
Date
Details
Price
Change
Source
9/24/2025
Sold
$633,000
0.64%
MLS
8/18/2025
Listed
$629,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2920 Railroad St SE, Albany, OR 97322 (MLS# 832867) is a Multi-Family property that was sold at $633,000 on September 24, 2025. Want to learn more about 2920 Railroad St SE? 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.

