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Sarita Dua

OPERATOR | The AskSarita Team | Keller Williams Sunset Corridor

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525 SW 4th Ave , Canby, OR 97013
$989,900
Est. Payment: $5,055.57/mo
4 Bed
5 Bath
1902 Sqft
Status: Active | Days on site: 26
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House Description

Five renovated residences, no inherited leases, and a clean slate to shape the income stream from day one. This vacant property brings together two studios, two one bedroom residences, and one two bedroom residence, creating a versatile mix with broad rental appeal. The 1920 building has been transformed with a modern look that carries from unit to unit without feeling repetitive. Rich green shaker cabinetry, crisp white subway tile, brass toned details, stainless steel refrigerators, freestanding electric ranges, and over the range microwaves give the kitchens memorable style, while bright interiors and updated lighting keep the spaces fresh and inviting. The two main level studios are efficient and polished, each with an updated bathroom and glass enclosed shower. The one bedroom residences add finished attic flex and storage areas beyond the stated rentable square footage, providing valuable flexibility and storage. Unit 5 delivers the largest layout with two bedrooms, a tub and shower combination, and direct access to an expansive fenced yard. The .36 acre corner parcel gives the property breathing room that is hard to find in a five unit offering. Seven paved off street parking spaces simplify daily living, and the broad lawn, covered porch, and separate entries create a more residential feel than a typical apartment building. Just south of downtown Canby, the property puts restaurants, shops, the Canby Public Library, Wait Park, and everyday services within easy reach, while Highway 99E connects residents to surrounding employment centers and the greater metro area. For an investor, the appeal is immediate: completed renovations, five vacant units ready for lease up, varied floor plans, useful tenant amenities, and the freedom to establish operations and rental strategy from the start. A rare chance to acquire a distinctive small multifamily asset with character, flexibility, and room to perform.

Highlights

Listed by Darryl Bodle , 503-709-4632 and Kelly Christian , 503-597-2444 Keller Williams Realty Portland Premiere , 503-597-2444. Portland Regional Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.36

Year Built

1920

County

Clackamas

Area

146 - Oregon City, Beavercreek, Canby, Molalla, Mulino

Listing ID

555613542

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:5
  • Full Bathrooms:5
Basement:Partial Basement,Unfinished
Water:Public Water

Exterior Features

Lot:Corner Lot,Level
Lot Dimensions:Irregular
Garage Capacity:7
Zoning:R1
Roof:Composition
Others:
  • Additional:Updated/Remodeled
Sewer:Public Sewer
Parking Features:Off Street,Paved
Principal Interest
$5,056
Taxes
$520

Home Price

$989,900

Loan Details

30 yrs
6.596%

Down Payment

20%
$197,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,055.57

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,055.57 $520.36 $0.00 $5,575.94
Yearly $60,666.90 $6,244.34 $0.00 $66,911.24
Total $1,820,006.94 $187,330.20 $0.00 $2,007,337.14

Today's Rates

30 Year

6.6%

20 Year

6.33%

15 Year

6.05%

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Market insight data is pulled from the same city as the listing being viewed (Canby, OR).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.


The data relating to real estate for sale on this web site comes in part from the Portland Regional Multiple Listing Service. Real estate listings held by brokerage firms other than The AskSarita Team | Keller Williams Sunset Corridor are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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Data last updated: 2026-09-07T13:53:59.000Z

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