525 SW 4TH AVE, Canby, OR 97013
- $999,900
- 1,902
- SqFt
- List Price
- $999,900
- Days on Market
- 15
- MLS#
- 555613542
- Property Type
- Multifamily
- Sqft. of Residence
- 1,902
- Lot Size
- 15, 000 to 19, 999 SqFt
- Region
- Oregon City, Beavercreek, Canby, Molalla, Mulino
- Status
- ACTIVE
Property 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.
/u.realgeeks.media/mrodriguezhomes/Screenshot_2026-06-08_162804.png)
Additional Information
- Tax Amount
- $6,244
- Year Built
- 1920
- High School
- Canby
- Elementary School
- Lee
- Middle School
- Baker Prairie
- Acres
- 0.36
- Living Area
- 1,902
- Stories
- 2
- Lot Size Dimension
- Irregular
- Terms
- Cash, Conventional, VA Loan
- Fuel Description
- Electricity
- Heating Description
- Wall Heater
- Hoa Rent Includes
- None
- Hot Water Description
- Electricity, Tank
- Exterior Description
- Lap Siding, Wood Siding
- Roof Type
- Composition
- Sewer Description
- Public Sewer
- View
- Trees/Woods
- Parking
- Off Street, Paved
- Security Or Entry
- Sidewalk
- Parking Description
- Off Street, Paved
- Road Surface
- Paved
- Number Of Units Total
- 5
- Unit Type One Baths Total
- 1
- Unit Type One Rent
- 1195
- Unit Type One Sq Ft
- 321
- Unit Type One Units Total
- 1
- Unit Type Two Baths Total
- 1
- Unit Type Two Units Total
- 1
- Unit Type Three Baths Total
- 1
- Unit Type Three Beds Total
- 1
- Unit Type Three Rent
- 1395
- Unit Type Three Sq Ft
- 324
- Unit Type Three Units Total
- 1
- Unit Type Four Baths Total
- 1
- Unit Type Four Beds Total
- 2
- Unit Type Four Rent
- 1395
- Unit Type Four Sq Ft
- 328
- Unit Type Four Units Total
- 1
- Unit Type Five Rent
- 1895
- Unit Type Five Sq Ft
- 524
- Unit Type Five Units Total
- 1
Mortgage Calculator
Listing courtesy of Keller Williams Realty Portland Premiere.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.