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$2,595,000

  • Sold
  • Closed
  • Multi-Family
  • 32 Total Beds
  • Updated 2 days ago

Listed By: ERIC. SWANSON | Smi Real Estate | (541) 990-3795
Sold by NOM. NON-MEMBER SALE | Non-Member Sale | Cell: 541-990-3795

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Sunset Villa Apartments is a 16-unit community located in central Canby. The property features all 2 bed / 1 bath floor plans situated on a spacious 1.02-acre site. An onsite manager's office, onsite laundry facilities, and 33 off-street parking stalls support stable, long-term operations. Offered at $2,595,000 with a strong 6.50% in-place cap rate, the asset has produced consistent cash flow for years. Member(s) of the ownership entity are Licensed Real Estate Brokers in the State of Oregon.

Full Property Details for 340 S Locust St

General

  • Sold For: $2,595,000
  • Taxes: $18,230 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: WVMLS
  • MLS ID: 837273
  • Added to Site: 110 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 16

Bedrooms

  • Total Bedrooms: 32

Location

  • County: OUTSIDE 4 COUNTY AREA
  • Complex: 340 S Locust St Canby
  • Driving Directions: High 99 through Canby. Head East on Locust. Property is on the North side of Locust

Heating & Cooling

  • Water Heater: Electric

Utilities

  • Sewer: City
  • Water: City

Structural Information

  • Square Feet: 13,890
  • Year Built: 1977

Unit Information

  • Units in Building: 16

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Level: Ticor

Unit 5

  • Square Feet: 2

Lot Features

  • Lot Size (Acres): 1.02
  • Zoning: R2

Financial Considerations

  • Price Per Sq. Ft.: $186.83
  • Price Per Acre: $2,544,117.65
  • Assessment Year: 1977
  • Tax Amount: $18,230
  • Tax Year: 2025

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NMLS#: 1598647

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with our affiliated lender
NMLS#: 1598647

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Schools serving 340 S Locust St

School District:Canby School District 86
NameGradesDistance
Carus School
14412 South Carus Road, Oregon City, OR 97045
K-65.6 mi
Baker Prairie Middle School
1859 Southeast Township Road, Canby, OR 97013
7-80.8 mi
Canby High School
721 Southwest 4th Avenue, Canby, OR 97013
9-120.7 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 340 S Locust St

Date
Details
Price
Change
Source
5/18/2026
Sold
$2,595,000
—
MLS
2/26/2026
Price Reduced
$2,595,000
-3.71%
MLS
2/03/2026
Listed
$2,695,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Just Listed near 340 S Locust St

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22016 Airport Rd NE, Aurora, OR 97002 - Photo 1 Just Listed
$1,299,000

22016 Airport Rd NE  Aurora, OR 97002

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  • 2,728
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Listed by Hardy Properties, Daniel Hardy and Hardy Properties, Amy Knight
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Price Reduced near 340 S Locust St

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10124 Wiseacre NE Ln, Aurora, OR 97002 - Photo 1 Price Reduced
-$10,000 (-1.05%)
$940,000

10124 Wiseacre NE Ln  Aurora, OR 97002

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  • 2,026
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Listed By: RAYNE. HUBBARD | Thoroughbred Real Estate Group Inc
20794 Walnut St NE, Aurora, OR 97002 - Photo 1 Price Reduced
-$24,000 (-4.91%)
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20794 Walnut St NE  Aurora, OR 97002

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  • 3
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  • 1,762
    Sq. Ft.
Listed by Keller Williams Realty Portland Premiere, Jennie Hill and Keller Williams Realty Portland Premiere, Nicole Bruni
10093 NE Wiseacre Ln, Aurora, OR 97002 - Photo 1 Price Reduced
-$20,000 (-1.67%)
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10093 NE Wiseacre Ln  Aurora, OR 97002

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Listed by Thoroughbred Real Estate Group Inc, Rayne Hubbard
10124 Wiseacre Ln, Aurora, OR 97002 - Photo 1 Price Reduced
-$10,000 (-1.05%)
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10124 Wiseacre Ln  Aurora, OR 97002

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    Sq. Ft.
Listed by Thoroughbred Real Estate Group Inc, Rayne Hubbard

Recent Sales near 340 S Locust St

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340 S Locust St, Canby, OR 97013 - Photo 1 Sold
$2,595,000

340 S Locust St  Canby, OR 97013

  • Multi-Family
  • Sold
  • Updated 2 days ago
Listed by SMI Commercial Real Estate LLC, Eric Swanson
Sold by Non Rmls Broker, OR and WA Non Rmls
26880 SW Cade Ln, West Linn, OR 97068 - Photo 1 Sold
$2,290,000

26880 SW Cade Ln  West Linn, OR 97068

  • Single Family
  • Sold
  • 4
    Beds
  • 3
    Total Baths
  • 5,040
    Sq. Ft.
Listed by Premiere Property Group, LLC, Rick Brainard
Sold by Cascade Hasson Sotheby's International Realty, Matt Murray
12426 S Criteser Rd, Oregon City, OR 97045 - Photo 1 Sold
$2,400,000

12426 S Criteser Rd  Oregon City, OR 97045

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    Sq. Ft.
Listed and Sold by Thoroughbred Real Estate Group Inc, Ryann Reinhofer
451 S Wilda Rd, West Linn, OR 97068 - Photo 1 Sold
$2,300,000

451 S Wilda Rd  West Linn, OR 97068

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  • 4
    Beds
  • 3
    Total Baths
  • 4,101
    Sq. Ft.
Listed by LUXE Forbes Global Properties, Josh Hackenjos
Sold by Cascade Hasson Sotheby's International Realty, Kristen Kohnstamm

340 S Locust St, Canby, OR 97013 (MLS# 837273) is a Multi-Family property that was sold at $2,595,000 on May 18, 2026. Want to learn more about 340 S Locust St? Do you have questions about finding other Multi-Family real estate for sale in Canby? You can browse all Canby real estate or contact a Coldwell Banker agent to request more information.