164 NE 4TH AVE Canby, OR 97013
Price:
$6,900,000
Units:
35
Acres:
1.55
Unit 1:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 2:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 3:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 4:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 5:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 6:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 7:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 8:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 9:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 10:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 11:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 12:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 13:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 14:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 15:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 16:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 17:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 18:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 19:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 20:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 21:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 22:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 23:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 24:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 25:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 26:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 27:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 28:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 29:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 30:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 31:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 32:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 33:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 34:
2 Bed 1.1 Bath $1,374/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
Unit 35:
3 Bed 1.1 Bath $1,535/mo
Features: Deck, Range, Refrigerator, Washer/Dryer
MLS#:
440406415
Lot Size:
1 to 2.99 Acres
Type:
Multi
Zone:
R2
Yr Built:
1968
Taxe/yr:
$39,228.00
County:
Clackamas
Status:
Active
Levels:
2
Heat:
Ceiling
Elem:
Knight
Middle:
Baker Prairie
High:
Canby
Lot Desc:
Level
Area:
Oregon City, Beavercreek, Canby, Molalla, Mulino
Courtesy of:
Barry Investment Real Estate
Remarks:
**5 tax lots - complete address: 164 & 188 NE 4th Ave + 173-193 NE 5th Ave, Canby, OR 97013** Canby Townhouse Apartments is a 35-unit multifamily community located in Canby, Oregon. Originally constructed in 1968, the property offers an exceptionally consistent and desirable townhome-style unit mix consisting of 34 two-bedroom/1.5-bath units and one three-bedroom/1.5-bath unit.The property's spacious floor plans are a defining feature of the community. The two-bedroom townhomes are approximately 1,120 square feet, while the three-bedroom unit is approximately 1,220 square feet. Every residence includes an in-unit washer and dryer, providing residents with a highly desirable amenity and further differentiating the property from traditional apartment product.The property has benefited from meaningful recent capital investment, including exterior painting completed in 2025, a new roof on one building in 2024. The property also benefits from energy-efficient vinyl windows and various upgrades to individual units at turnover or as needed. These improvements provide a new owner with the benefit of significant prior investment while preserving the opportunity to continue improving operations and growing rental income.Canby Townhouse Apartments offers a compelling combination of large residential-style floor plans, a highly desirable townhome configuration, recent capital improvements, and meaningful rental upside. Current average rents remain below estimated market levels, providing an investor with an opportunity to increase revenue over time through active hands-on management and natural tenant turnover.
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