Great Investment Opportunity with this four-plex in Albany. Professionally managed with multiple updates over the years. Low vacancy, air conditioning units, private patios, paved parking with sidewalks. Separate tax lot included. Good location to schools, medical, and shopping. Units are Occupied - Please do not disturb tenants
Last Agent to Sell the Property
CAPITOL REAL ESTATE License #201206833 Listed on: 06/23/2022
Home Type
Est. Annual Taxes
Year Built
Lot Details
Home Design
Interior Spaces
Kitchen
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Bedrooms and Bathrooms
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Listing and Financial Details
Overview
Building Details
$610,000
Accepted Offer with Contingencies. Renovated triplex with market rents and a great history in central Albany location. Perfect for seasoned investor or first time owner-occupant. The heavy lifitng has already been done on this one! To be sold simultaneously with adjacent triplex at 200-204 14th Ave SE (#858885). Offers subject to inspection.
Kenneth Marshall VINTAGE REALTY NORTHWEST
$530,000
Accepted Offer with Contingencies. "Bread and Butter" triplex in central Albany location. One unit has been renovated and rents at market. Two have long term tenants. Large storage/laundry building could be used to add additional income! Great for new owner-occupant or savvy investor. Newer roof and fresh exterior paint. Needs to close simultaneously with adjacent triplex at 206-210 14th Ave SE
Kenneth Marshall VINTAGE REALTY NORTHWEST
$745,000
Accepted Offer with Contingencies. Don't miss out on this incredible investment opportunity! This fourplex is centrally located in the heart of Albany. BRAND NEW ROOF! NEW electrical panels in each unit. Three units are currently occupied by reliable tenants, while the newly renovated unit 1229 is available for a buyer who may wish to occupy the property. There are excellent loan products
Joel Bumgarner REDFIN
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Ticor Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $240,000 | First American Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $171,000 | Fannie Mae Freddie Mac |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/12/2024 02/12/24 | Sold | $800,000 | +0.6% | $250 / Sq Ft |
| 11/09/2023 11/09/23 | For Sale | $795,000 | +32.5% | $248 / Sq Ft |
| 08/18/2022 08/18/22 | Sold | $600,000 | 0.0% | $188 / Sq Ft |
| 06/23/2022 06/23/22 | For Sale | $600,000 | -- | $188 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $890 | $44,710 | $44,710 | -- |
| 2023 | $26 | $1,330 | $1,330 | $0 |
| 2022 | $26 | $1,300 | $0 | $0 |
| 2021 | $25 | $1,270 | $0 | $0 |
| 2020 | $25 | $1,240 | $0 | $0 |
| 2019 | $24 | $1,210 | $0 | $0 |
| 2018 | $24 | $1,180 | $0 | $0 |
| 2017 | $23 | $1,150 | $0 | $0 |
| 2016 | $22 | $1,120 | $0 | $0 |
| 2015 | $21 | $1,090 | $0 | $0 |
| 2014 | $21 | $1,060 | $0 | $0 |
Seller's Agent in 2024
Dane McKinney
SMI REAL ESTATE
(503) 390-6060
1 in this area
9 Total Sales
Buyer's Agent in 2024
Trevor Howard
SMI REAL ESTATE
(503) 798-0952
2 in this area
41 Total Sales
Seller's Agent in 2022
Patrick Sieng
CAPITOL REAL ESTATE
(503) 406-3936
1 in this area
56 Total Sales
Seller Co-Listing Agent in 2022
JAMIE SANCHAGRIN
CAPITOL REAL ESTATE
(971) 719-6440
1 in this area
45 Total Sales
Source: Willamette Valley MLS
MLS Number: 794380
APN: 0099727
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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