$904,800
SOLD DEC 18, 2020

420 4th (-430 1 2) Ave SW Albany, OR 97321

Central Albany Neighborhood
-- Bed
-- Bath
6,064 Sq Ft
0.3 Acres

Recently Sold

$149 Per Sq Ft

21% Below List Price

116 Days on Market

Highlights

  • 0.3 Acre Lot
  • Central Air
  • High Speed Internet
  • West Albany High School Rated 9+
  • Baseboard Heating
  • 2-minute walk to Talking Water Gardens

About This Home

As of December 2020

Now available, closely located multifamily and single family portfolio. All properties include updates ranging from minor to major, full interior and exterior renovations. Properties low in a MUR Zoning District. Buyer to do Due Diligence on available Commercial uses for these buildings. See WVMLS# 765123 for Commercial Listing.

Last Agent to Sell the Property

Phil Bailey

LEGACY REAL ESTATE License #201219039 Listed on: 06/24/2020

Last Buyer's Agent

QUINTON HAMEL

NORTHBRIDGE REALTY License #201236054

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,534

Year Built

  • Built in 1935

Lot Details

  • 0.3 Acre Lot
  • Partially Fenced Property

Home Design

  • 6,064 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Lap Siding

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • High Speed Internet

Additional Features

  • Finished Basement

Listing and Financial Details

  • Exclusions: Tenants Personal Property

Community Details

Overview

  • 8 Units
  • Reid Investment Portfolio Community

Building Details

  • Electric Expense $2,692
  • Fuel Expense $2,692
  • Insurance Expense $3,567
  • Maintenance Expense $4,000
  • Trash Expense $2,692
  • Water Sewer Expense $2,692
  • Operating Expense $29,718
  • Net Operating Income $12,697

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,534

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Syndicated Remarks: Now available, closely located multifamily and single family portfolio. All properties include updates ranging from minor to major, full interior and exterior renovations. Properties low in a MUR Zoning District. Buyer to do Due Diligence on available Commercial uses for these buildings. See WVMLS# 765123 for Commercial Listing.
  • Cross Street: Washington
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Exclusions: Tenants Personal Property
  • Basement: Finished, Unfinished
  • Price Per Sq Ft: 149.21
  • Source Of Sq Ft: County
  • Price Per Sq Ft: 156.66

Exterior Features

  • Fenced Yard: Partial
  • Foundation: Continuous, Slab
  • Roof: Composition, Shingle
  • Siding: Fiber Cement
  • Siding Style: Lap

Utilities

  • Heating: Gas, Electric, Window Unit (AC), Central Ac, Baseboard
  • High Speed Comm Access: Available
  • Water: City
  • Electric: 2692
  • Garbage: 2692
  • Gas: 2692
  • Insurance: 3567
  • Sewer: City
  • Water/Sewer: 2692

Condo/Co-op/Association

  • Maintenance: 4000
  • Mgmt Acct: 4347

Lot Info

  • Acres: 0.3
  • Estimated Lot Sq Ft: 13235
  • Price Per Acre: 3166666.67
  • Zoning: MUR
  • Property Name: Reid Investment Portfolio
  • Property Use Type: Business, Investment, Vacant/Owner-User

Rental Info

  • Total Expenses: 29718

Multi Family

  • Additional Land Available: 97197
  • Net Income: 12697
  • Gross Sched Income: 100200
  • Number Of Units: 8

Tax Info

  • Tax Account Number: 0091351
  • Tax Amount: 5534

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Range of Values:

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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 Change Sq Ft Price
06/16/2025 06/16/25 For Sale $1,450,000 +60.3% $239 / Sq Ft
12/31/2020 12/31/20 Off Market $904,800 -- --
12/18/2020 12/18/20 Sold $904,800 -4.8% $149 / Sq Ft
09/01/2020 09/01/20 Price Changed $950,000 -17.4% $157 / Sq Ft
06/24/2020 06/24/20 For Sale $1,150,000 -- $190 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Tim Rist

    DORE

  • P

    Seller's Agent in 2020

    Phil Bailey

    LEGACY REAL ESTATE

  • Q

    Buyer's Agent in 2020

    QUINTON HAMEL

    NORTHBRIDGE REALTY

See All Agents

Map

Source: Willamette Valley MLS

MLS Number: 765120

Willamette Valley MLS

Oregon Linn County Albany 97321 Central Albany

420 4th (-430 1 2) Ave SW, Albany, OR

This home is located at 420 4th (-430 1 2) Ave SW, Albany, OR 97321 and is currently priced at $904,800, approximately $149 per square foot. This property was built in 1935. 420 4th (-430 1 2) Ave SW is a home located in Linn County with nearby schools including Central Elementary School, Takena Elementary School, and Memorial Middle 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.

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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