$2,150,000
SOLD MAR 12, 2025

503 N Knott St Canby, OR 97013

16 Beds
8 Baths
9,780 Sq Ft
0.63 Acres

Recently Sold

$220 Per Sq Ft

8% Below List Price

205 Days on Market

Highlights

  • 0.63 Acre Lot
  • 20 Car Attached Garage
  • No Heating
  • No HOA
  • Wood Siding
  • 5-minute walk to Wait Park

About This Home

As of March 2025

Marlon North Apartment Complex consisting of 10 garden units total on .63 acre. Recent updates include landscaping and remodeled units. 100% occupied with loyal, long-term tenants. Units are 2-BD, 1-BA, with wood-burning fireplaces and patios in ground-level units. Great quiet location close to numerous amenities including shopping and restaurants as well as access to I-5.

Last Agent to Sell the Property

Krista Larke

Keller Williams Realty Professionals License #201219287 Listed on: 05/18/2024

Keller Williams Realty Professionals

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,210

Year Built

  • Built in 1990 | Remodeled

Lot Details

  • 0.63 Acre Lot

Parking

  • 20 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 9,780 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Schools

  • Knight Elementary School
  • Baker Prairie Middle School
  • Canby High School

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number 05001519

Community Details

Overview

  • No Home Owners Association
  • 10 Units
  • Property managed by Poise Management

Building Details

  • Operating Expense $39,316
  • Gross Income $183,048
  • Net Operating Income $143,732

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,210

Year Built

Built in 1990 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1990
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: None
  • Total Bedrooms: 16
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: Slab
  • View: No
  • Lot Features: PublicRoad
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Paved
  • Attached Garage: No
  • Total Parking Spaces: 20.0

Utilities

  • Fuel Description: Electricity
  • Security: Sidewalk
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Poise Management
  • Community Features: FrontYardLandscaping
  • Association: No

Schools

  • Elementary School: Knight
  • High School: Canby
  • Middle Or Junior School: Baker Prairie

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.63
  • Lot Size Sq Ft: 27442.0
  • Parcel #: 05001519

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 14210.0

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7, UnitTypeType8
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 12.73
  • Annual Gross Income: 183048.0
  • Property Net Operating Income: 143732.0
  • Annual Operating Expense: 39316.0

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
03/12/2025 03/12/25 Sold $2,150,000 -7.7% $220 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $2,330,000 +175.7% $238 / Sq Ft
04/27/2016 04/27/16 Sold $845,000 -6.1% $100 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $900,000 -- $107 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24520484

Regional Multiple Listing Service (RMLS)

APN: 31E33BD08401