1921-1925 SW Elm St - Apartments FOR SALE


Albany, OR 97321
$599,999 USD
971-707-0335
1921-1925 SW Elm St, Albany, OR for Sale
$599,999 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

1921-1925 SW Elm St
Albany, OR 97321


OVERVIEW

Outstanding investment opportunity! Prime location near schools and a major thoroughfare. First time on the market in 20 years with an exceptional rental history—just one vacancy in the past decade. Features include a 30-year membrane roof, fresh exterior paint (June 2026), low-maintenance ownership, and no owner-paid utilities. Below-market rents provide dependable income today with strong potential for increased returns over time.

FOR SALE DETAILS

PRICE

$599,999 USD

PRICE/SF

$186 USD /SF

# OF UNITS

4

PRICE/UNIT

$150,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

RM3

APN/PARCEL ID

0144176

ASK ABOUT THIS PROPERTY

Patrick MulhernSMI Real EstateMore Info
971-707-0335

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Patrick MulhernSMI Real EstateMore Info
971-707-0335

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.