$1,990,000

1127 SE 6th Ave Albany, OR 97321

Willamette Neighborhood

Estimated payment $12,211/month

Total Views 2,726
5 Beds
11 Baths
9,039 Sq Ft
$220 Price per Sq Ft

Highlights

  • 1.4 Acre Lot
  • Territorial View
  • Level Lot
  • West Albany High School Rated 9+
  • 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: 06/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,388

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 1.4 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 9,039 Sq Ft Home
  • 1-Story Property
  • Territorial Views
  • Fire Sprinkler System

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 11 Bathrooms

Parking

  • Paved Parking
  • Open Parking

Schools

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0776425

Community Details

Building Details

  • Operating Expense $45,283
  • Gross Income $211,848
  • Net Operating Income $166,585

Additional Features

  • 11 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,388

Year Built

Built in 1992 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1992
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Attached,Garage
  • Total Bedrooms: 5
  • Lot Size Range: Acres1to3

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 1 to 2.99 Acres
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Security: FireSprinklerSystem, Sidewalk
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Waverly
  • High School: West Albany
  • Middle Or Junior School: Memorial

Lot Info

  • Zoning: MS
  • Lot Size Acres: 1.4
  • Lot Size Sq Ft: 60984.0
  • Parcel #: 0776425

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 14388.16

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType10, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7, UnitTypeType8, UnitTypeType9
  • Number Of Units Total: 11
  • Gross Rent Multiplier: 9.39
  • Annual Gross Income: 211848.0
  • Property Net Operating Income: 166585.0
  • Annual Operating Expense: 45283.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $1,990,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 631669284

Regional Multiple Listing Service (RMLS)

Oregon Linn County Albany 97321 Willamette

1127 SE 6th Ave, Albany, OR

This home is located at 1127 SE 6th Ave, Albany, OR 97321 and is currently priced at $1,990,000, approximately $220 per square foot. This property was built in 1992. 1127 SE 6th Ave is a home located in Linn County with nearby schools including Waverly Elementary School, Memorial Middle School, and West Albany High School.

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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes
Tim Rist
Listing Agent
Tim Rist
Section Image
DORE
(503) 953-0253