$1,950,000
$40K PRICE DROP

1127 SE 6th Ave Albany, OR 97321

Willamette Neighborhood

Estimated payment $11,236/month

Total Views 6,406
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 1.4 Acre Lot
  • Landscaped
  • High Speed Internet
  • Territorial View
  • Laundry Facilities
  • 3-minute walk to Albany Skatepark

About This Home

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 rentable storage. Complimentary management included for the first year with full price offer.

Listing Agent

Tim Rist

DORE License #201209259 Listed on: 06/16/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,616

Year Built

  • Built in 1992

Lot Details

  • 1.4 Acre Lot
  • Landscaped

Home Design

  • Slab Foundation
  • Composition Roof
  • Block Exterior

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Laminate
  • Vinyl

Schools

  • Waverly Elementary School
  • Memorial Middle School
  • West Albany High School

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Territorial Views
  • Washer and Dryer Hookup

Community Details

  • The Station Apartments Community
  • Laundry Facilities

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Legal Lot and Block 3 / 4

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,616

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Dual Living: Possible
  • Range Facility: Gas, Range Included
  • Syndicated Remarks: 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 rentable storage. Complimentary management included for the first year with full price offer.
  • Cross Street: Main St
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Disposal: Yes
  • Exclusions: Tenants personal property
  • Refrigerator: Refrigerator Included
  • Flooring: Laminate, Vinyl
  • Laundry: Laundry Center, W/D Hookup

Exterior Features

  • Exterior Color: Gray
  • Foundation: Slab
  • Landscape: Yes
  • Roof: Composition
  • Siding: Block
  • View: Territorial

Utilities

  • Heating: Gas, Wall Furnace
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Gas
  • Sewer: City

Lot Info

  • Acres: 1.4
  • Estimated Lot Dimensions: 603984
  • Lot: 3
  • Property Name: The Station Apartments
  • Property Use Type: Investment

Multi Family

  • Unit Types: Flat, Loft

Tax Info

  • Tax Amount: 11616

MLS Schools

  • HighSchool: West Albany
  • Middle School: Memorial
  • Elementary School: Waverly

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2025 11/05/25 For Sale $1,950,000 0.0% $216 / Sq Ft
11/04/2025 11/04/25 Off Market $1,950,000 -- --
08/29/2025 08/29/25 Price Changed $1,950,000 -2.0% $216 / Sq Ft
06/13/2025 06/13/25 For Sale $1,990,000 -- $220 / Sq Ft
Source: Willamette Valley MLS

Source: Willamette Valley MLS

MLS Number: 830209

Willamette Valley MLS
Oregon Linn County Albany 97321 Willamette

1127 SE 6th Ave, Albany, OR

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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Tim Rist
Listing Agent
Tim Rist
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DORE
(541) 250-1065