Date
Details
Price
Change
Source
9/18/2026
Listed
$2,595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,595,000 Just Listed
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Property Description
Development opportunity in growing East Albany! Approximately 10.45 acres of vacant land zoned RM - Residential Medium Density, offering excellent potential for future multifamily residential development. Mostly level terrain with a regular shape provides flexibility for site planning and development. Conveniently located near Meadow Ridge Elementary and Timber Ridge School, with easy access to shopping, services, major arterials and I-5. The surrounding East Albany area continues to see residential growth and investment, creating an attractive opportunity for a multifamily developer, builder or long-term investor. The property is outside known high-risk flood zones, although portions include designated wetlands. Public utilities are available in the area. Buyer to perform all due diligence regarding permitted uses, density, utilities, wetlands and development potential.
Full Property Details
Full Property Details for Timber Ridge St
General
- Price: $2,595,000
- Taxes: $7,301
- Status: Active
- Type: Multi-Family
- Source: RWMLS
- MLS ID: 528016385
- Updated: 9/18/2026
- Added to Site: 2 day(s) ago
Rental Information
- Availability: Sale
Location
- County: Linn
- Driving Directions: I-5 to Knox Butte Rd exit. East on Knox Butte Rd, south on Timber Ridge St SE to property.
School Information
- Elementary School: Meadow Ridge
- Middle School: Timber Ridge
- High School: South Albany
Community
- Community Name: 221 - Linn County
Utilities
- Utility Description: Electricity Available, Public Sewer, Water Available
Structural Information
- Property Detached: Yes
- Current Bldg. Use: Multi Family, Raw Land
Lot Features
- Lot Size (Acres): 10.45
- Lot Size (Sq. Ft.): 455,202
- Lot Size: 10 to 19.99 Acres
- Frontage: Paved
- Lot Features: Cleared, Public Road
Financial Considerations
- Tax Amount: $7,301
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: Lot 105, Map 11S03W03-C0
- Disclosures/Reports: Disclosure
- Property ID: Not Found
Listed by Real Broker (855) 450-0442, Javier Alomia (503) 737-8010
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Listing agent
— Timber Ridge St —
Javier Alomia
Real Broker
855-450-0442
503-737-8010
NMLS#: 1598647
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Price & Sales History for Timber Ridge St
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Listed by Realty One Group Willamette Valley, Shasta Krake
Timber Ridge St, Albany, OR 97322 (MLS# 528016385) is a Multi-Family property with a lot size of 10.45 acres. Timber Ridge St is currently listed for $2,595,000 and was received on September 18, 2026. Want to learn more about Timber Ridge 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.