This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/49
$1,350,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/49
Property Description
Unique package deal opportunity! 7% cap rate w/ 2024 net income exceeding 6 figures. Closely located multifamily and single family portfolio. All properties include updates ranging from minor to major, full interior and exterior renovations. Properties low in a MUR Zoning District. Buyer to do Due Diligence on available Commercial uses for these buildings. SPECIAL OFFER: One year of complimentary property management included w/ full price offer or combo purchase with Station Street Apartments on 6th. Multiple addresses are included in this 4th and Washington Portfolio! 420-130 1/2 SW, 413 SW Washington, 442 4th Ave.
Full Property Details
Full Property Details for 420 4th (-430 1/2) Av SW
General
- Price: $1,350,000
- Taxes: $6,300 (2024)
- Status: Active
- Type: Multi-Family
- Source: WVMLS
- MLS ID: 830211
- Updated: 8/29/2025
- Added to Site: 216 day(s) ago
Location
- County: LINN COUNTY
Heating & Cooling
- Heating Type: Gas, Electric, Window Unit (AC), Central AC, Baseboard
- Heating Fuel: Gas, Electric, Window Unit (AC), Central AC, Baseboard
- Furnaces: 640
Utilities
- Sewer: City
- Water: City
Structural Information
- Basement Desc.: Finished, Unfinished
- Roof: Composition
- Square Feet: 6,064
- Year Built: 1935
Unit Information
- Units in Building: 8
- Units w/Range/Oven: 14207
Unit 1
- Total Bathrooms: 7.5
- Bedrooms: 9
Unit 2
- Square Feet: 1524
- Total Bathrooms: 2.5
- Bedrooms: 3
Unit 3
- Square Feet: 1380
- Total Bathrooms: 2
- Bedrooms: 3
Unit 4
- Level: Ticor
Unit 5
- Square Feet: 9
Unit 6
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 1,380
- Frontage Feet: 1524
- Zoning: MUR
Financial Considerations
- Price Per Sq. Ft.: $222.63
- Price Per Acre: $4,500,000
- Assessment Year: 1935
- Assessment Amount: $209
- Tax Amount: $6,300
- Tax Year: 2024
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 420 4th (-430 1/2) Av SW
School District:Greater Albany School District 8j
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Albany, OR 336 Southwest 9th Avenue, Albany, OR 97321 | 3-5 | 0.2 mi |
Takena Elementary School 1210 Southwest 12th Avenue, Albany, OR 97321 | K-2 | 0.6 mi |
Memorial Middle School 1050 Southwest Queen Avenue, Albany, OR 97321 | 6-8 | 0.5 mi |
West Albany High School 1130 Southwest Queen Avenue, Albany, OR 97321 | 9-12 | 0.6 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 420 4th (-430 1/2) Av SW
Date
Details
Price
Change
Source
8/29/2025
Price Reduced
$1,350,000
-6.9%
MLS
6/16/2025
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 420 4th (-430 1/2) Av SW
420 4th (-430 1/2) Av SW, Albany, OR 97321 (MLS# 830211) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 420 4th (-430 1/2) Av SW is currently listed for $1,350,000 and was received on June 16, 2025. Want to learn more about 420 4th (-430 1/2) Av 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.

