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Willamette Multifamily Home for Sale

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    $1,990,000

    1127 SE 6th Ave, Albany, OR 97321

    Prime Investment: The Station features 11 trendy units, boasting a projected $212,000 in gross income and $166,565 NOI. Extensive upgrades including electrical, plumbing, HVAC, windows, siding, kitchens bathrooms, parking lot, bike storage, onside laundry, and new stormwater and fire suppression systems. Unlock additional income with 3 more unfinished units, for a total of 14 doors, not including

    Tim Rist DORE

    1127 SE 6th Ave, Albany, OR 97321

Why Live in Willamette

Willamette, a neighborhood in Albany, features a mix of Craftsman bungalows and midcentury ranch-style homes, with many properties dating back to the mid-20th century. The area is known for its walkable streets and proximity to city parks along the Willamette River, making it a desirable location for long-term residents. Home styles include renovated one-story homes and fixer-uppers, with residential features such as one-car garages, carports, and on-street parking. The Greater Albany Public School District is highly rated, with West Albany High School receiving particularly high marks. Points of interest include Talking Water Gardens, a wildlife reservoir with wetland trails, and the Dave Clark trail, a 1.5-mile path along the Willamette River. Bowman Park offers swimming, boating, and fishing, while Elanor Hackleman Park provides pickleball, tennis, volleyball courts, and a skate park. Local shopping options include Carriage House Plaza and Heritage Mall, with eateries like Roger's Restaurant and Calapooia Brewing nearby. The neighborhood is semi-walkable and very bike-friendly, with Albany Transit bus stops and easy access to Pacific Boulevard and Interstate 5. Willamette is 44 miles from Eugene, 25 miles from Salem, and about 70 miles from Portland, with Portland International Airport providing air travel options.

Home Trends in Willamette, OR

Housing Trends

Median Sale Price
$325,000
Median Single Family Sale Price
$332,500
Average Price Per Sq Ft
$291
Number of Homes for Sale
5
Last 12 months Home Sales
41
Months of Supply
1.50
Median List Price
$337,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%
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