$695,000

36048 Riverside Dr Albany, OR 97321

Estimated payment $4,092/month

Total Views 194
2 Beds
1 Bath
1,792 Sq Ft
$388 Price per Sq Ft

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • West Albany High School Rated 9+
  • Wood Siding

About This Home

Rare opportunity to own a duplex on 2.15 acres in the desirable Riverside area—just minutes to Albany, Corvallis and I-5. Each unit offers 2 bedrooms, 1 bathroom, an attached garage with washer/dryer hookups, fenced backyard, and beautiful country views. Recent upgrades include remodeled kitchens with modern finishes and new air conditioning systems in both units for year-round comfort. Perfect for multigenerational living, rental income, or an equestrian lifestyle—property features a horse barn and pasture space. Please do not disturb tenants—property is fully occupied and showings will be arranged after an accepted offer.

Listing Agent

Mason Wooten

MORE Realty, Inc. Brokerage Phone: 541-801-0853 License #201257351 Listed on: 07/29/2025

MORE Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,052

Year Built

  • Built in 1972

Lot Details

  • 2.15 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Central Linn Elementary School
  • Memorial Middle School
  • West Albany High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • 2 Units
  • Gross Income $43,200

Listing and Financial Details

  • Assessor Parcel Number 0356838

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,052

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1972
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Garage
  • Total Bedrooms: 2
  • Lot Size Range: Acres1to3

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 1 to 2.99 Acres
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Gravel
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: None
  • Hot Water: Electricity
  • Security: Unknown
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: CentralAir

Schools

  • Elementary School: Central Linn
  • High School: West Albany
  • Middle Or Junior School: Memorial

Lot Info

  • Zoning: RR2.5
  • Lot Size Acres: 2.15
  • Lot Size Sq Ft: 93654.0
  • Parcel #: 0356838

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 3052.23

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.09
  • Annual Gross Income: 43200.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $3,052 $214,130 -- --
2023 $2,965 $207,900 $0 $0
2022 $2,934 $201,850 $0 $0
2021 $2,727 $195,980 $0 $0
2020 $2,703 $190,280 $0 $0
2019 $2,645 $184,740 $0 $0
2018 $2,581 $179,360 $0 $0
2017 $2,505 $174,140 $0 $0
2016 $2,295 $169,070 $0 $0
2015 $2,264 $164,150 $0 $0
2014 $2,198 $159,370 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 For Sale $695,000 -- $388 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $580,000 Western Title
Interfamily Deed Transfer -- None Available
Warranty Deed $200,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $569,494 FHA
Previous Owner $150,000 Commercial
Source: Public Records

Similar Home in Albany, OR

  • 36046 Riverside Dr SW, Albany, OR 97321

    $695,000

    • 4 Beds
    • 2 Baths
    • 1,792 Sq Ft
    • 36046 Riverside Dr SW
    • Albany, OR

    Rare opportunity to own a duplex on 2.15 acres in the desirable Riverside area—just minutes to Albany, Corvallis and I-5. Each unit offers 2 bedrooms, 1 bathroom, an attached garage with washer/dryer hookups, fenced backyard, and beautiful country views. Recent upgrades include remodeled kitchens with modern finishes and new air conditioning systems in both units for year-round comfort. Perfect

    Mason Wooten MORE REALTY

    Section Image

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 571609964

Regional Multiple Listing Service (RMLS)

APN: 0356838