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4 Beds
5 Baths
1,902 sqft

$989,900

525 SW 4TH AVE, Canby OR, 97013

Price per sqft$520.45
Built in1920
Property size1,902 sqft
Property typeMulti-family
Listing Courtesy of Keller Williams Realty Portland Premiere, Darryl Bodle. 503-709-4632

Overview

Active

Listed Aug 12, 2026

Updated 1h ago

Five renovated residences, no inherited leases, and a clean slate to shape the income stream from day one. This vacant property brings together two studios, two one bedroom residences, and one two bedroom residence, creating a versatile mix with broad rental appeal. The 1920 building has been transformed with a modern look that carries from unit to unit without feeling repetitive. Rich green shaker cabinetry, crisp white subway tile, brass toned details, stainless steel refrigerators, freestanding electric ranges, and over the range microwaves give the kitchens memorable style, while bright interiors and updated lighting keep the spaces fresh and inviting. The two main level studios are efficient and polished, each with an updated bathroom and glass enclosed shower. The one bedroom residences add finished attic flex and storage areas beyond the stated rentable square footage, providing valuable flexibility and storage. Unit 5 delivers the largest layout with two bedrooms, a tub and shower combination, and direct access to an expansive fenced yard. The .36 acre corner parcel gives the property breathing room that is hard to find in a five unit offering. Seven paved off street parking spaces simplify daily living, and the broad lawn, covered porch, and separate entries create a more residential feel than a typical apartment building. Just south of downtown Canby, the property puts restaurants, shops, the Canby Public Library, Wait Park, and everyday services within easy reach, while Highway 99E connects residents to surrounding employment centers and the greater metro area. For an investor, the appeal is immediate: completed renovations, five vacant units ready for lease up, varied floor plans, useful tenant amenities, and the freedom to establish operations and rental strategy from the start. A rare chance to acquire a distinctive small multifamily asset with character, flexibility, and room to perform.

$6,586/mo

Est. mortgage payment based on a $989,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
555613542

Interior Features

Bedrooms
4
Bathrooms
5
Basement
Yes

Exterior Features

Lot Size
0.36 Acres

Other Property Details

Taxes
$6,244
Tax Frequency
Annually
View
Yes
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Listing Courtesy of Keller Williams Realty Portland Premiere, Darryl Bodle. 503-709-4632

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 Destined Realty Group are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified.

This content last updated on 10/7/2026, 6:14 PM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available

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