1. Oregon
  2. Canby
  3. 323 S LOCUST St
$1,595,000

323 S LOCUST St, Canby, OR 97013

  • 25,700 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1979
  • Property Lot Size Icon0.59acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $62/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Outstanding investment opportunity with this pride-of-ownership 5-unit multifamily property, offering a strong mix of tenant-friendly features and recent upgrades. The building includes two 2-bedroom, 1-bath single-story units and three 2-bedroom, 1.5-bath townhouse units, all with spacious layouts, washer/dryer hookups, and private fenced backyards. Major updates include a new roof (2014), new siding and exterior paint (2015), newer carpet throughout, and updated appliances in select units. Each unit also includes its own exterior storage unit, adding even more value and convenience for residents. The property features 12 off-street parking spaces, including 4 covered spots, and has been well-maintained, ideal for both seasoned investors and first-time multifamily buyers. Close to schools, with a City Park next door and only 4 blocks to downtown Canby. What more could your tenants ask for? Per City of Canby, additional open space on property providing room for building up to 7 more units based on design. Please check with the City. Please do not disturb the many long-term tenants. Offers written subject to interior inspection. A solid, turnkey asset in excellent condition—ready to generate income from day one.

Listing Status:
Active
Date Added:
June 9, 2025 at 05:00AM
Listing Office:
Equity Oregon Real Estate : 503-266-3657
Listing Agent:
Lark Leitgeb : 503-780-3239
MLS ID:
194314710
  • Basement: Crawl space
  • A/C: None
  • Heating: Baseboard

This listing courtesy of Lark Leitgeb, Equity Oregon Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lee Elementary School

1110 S Ivy St, Canby, OR, 97013

Grades KG-6

0.48 miles away

B

Baker Prairie Middle School

1859 SE Township Rd, Canby, OR, 97013

Grades 7-8

0.86 miles away

C

Canby High School

721 SW 4th Ave, Canby, OR, 97013

Grades 9-12

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.