7 beds4 baths3,232 sqft$186/sqft
1921 SW Elm St, Albany, OR 97321
Est: $3,444/moGet pre-approved

Description

Outstanding investment opportunity! Prime location near schools and a major thoroughfare. First time on the market in 20 years with an exceptional rental history—just one vacancy in the past decade. Features include a 30-year membrane roof, fresh exterior paint (June 2026), low-maintenance ownership, and no owner-paid utilities. Below-market rents provide dependable income today with strong potential for increased returns over time.Outstanding investment opportunity! Prime location near schools and a major thoroughfare. First time on the market in 20 years with an exceptional rental history—just one vacancy in the past decade. Features include a 30-year membrane roof, fresh exterior paint (June 2026), low-maintenance ownership, and no owner-paid utilities. Below-market rents provide dependable income today with strong potential for increased returns over time.
LISTING UPDATED: 07/10/2026 03:41 PM

    Property Details for 1921 Southwest Elm Street

    Status
    MLS #
    842959
    Days on Market
    38
    Taxes
    $4,729 / year
    HOA Fees
    -
    Condo/Co-op Fees
    -
    Property Type
    MLS Type
    Residential Income / Quadruplex
    Year Built
    1965
    Lot Size
    0.22 AC / 9,583 SF
    Subdivision Name
    Schultz Fron Add to S Alb
    Zoning
    RM
    Zoning Description
    RM

    Location

    Listing Courtesy of SMI REAL ESTATE
    Add your commute

    Building Information for 1921 Southwest Elm Street

    Stories-Residences4Year Built1965Building Size-Lot Size0.22 AC / 9,583 SF

    Payment Calculator

    $3,444 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $3,050

    Property Taxes

    $394

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

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    Property Information for 1921 Southwest Elm Street

    Summary
    Location and General Information
    • Carrier Route: C003
    • Cross Street: 20th Ave SW
    • Directions: Hwy 99E to SW Queen Ave. West on Queen to SW Elm St. South on Elm to 20th. Property is on the NEC of Elm and 20th
    • Latitude: 44.622026
    • Longitude: -123.11359
    Taxes and HOA
    • Tax Annual Amount: $4,729.00
    • Tax Block: 3
    • Tax Lot: 78
    • Tax Year: 2025
    Property
    Lot Information
    • Lot Size Acres: 0.22
    Property and Assessments
    • Living Area: 3232.0
    • Property Sub Type: Quadruplex
    • Property Type: Residential Income
    • Year Built: 1965
    Building Features
    • Property Name: 1921 SW Elm St Albany
    • Construction Materials: Lap Siding
    • Foundation Details: Slab
    Utilities
    • Sewer: Public Sewer
    • Water Source: Public
    Interior and Exterior Features
    Exterior Features
    • Patio And Porch Features: Patio
    Interior Features
    • Appliances: Refrigerator, Gas Range
    • Total Bathrooms: 4
    • Total Bedrooms: 7
    • Cooling: Window Unit(s)
    • Has Cooling: Yes
    • Flooring: Carpet
    • Heating: Natural Gas
    • Has Heating: Yes
    • Interior Features: High Speed Internet
    • Has Spa: No
    Multi Family
    Multi Family Information
    • Number Of Units Total: 4
    Unit Information
    Unit 1
    • Baths Total: 1
    • Beds Total: 2
    • Type: 2 Bedroom
    Unit 2
    • Baths Total: 1
    • Beds Total: 1
    • Type: 1 Bedroom
    Unit 3
    • Baths Total: 1
    • Beds Total: 2
    • Type: 2 Bedroom
    Unit 4
    • Baths Total: 1
    • Beds Total: 2
    • Type: 2 Bedroom

    Property History for 1921 Southwest Elm Street

    DateEvent & SourcePriceAppreciation
    Jul 1, 2026

    Listed (Active)

    Willamette Valley MLS #842959

    $599,999
    Jun 16, 2010

    Withdrawn

    RMLS #9046914

    Jun 16, 2009

    Listed (Active)

    RMLS #9046914

    $249,900
    DateEvent & SourcePrice
    07/01/2026

    Listed (Active)

    Willamette Valley MLS #842959

    $599,999
    06/16/2010

    Withdrawn

    RMLS #9046914

    06/16/2009

    Listed (Active)

    RMLS #9046914

    $249,900

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 1921 Southwest Elm Street

    Taxable ValueLand-Additions-Total-
    Tax Record2025$4,729 ($394 / month)
    Home Facts
    Baths3.5Total Finished SqFt3,232 SqFtAbove Grade Finished SqFt3,232 SqFtStories1Lot Size9,583 SqFtStyleQuadraplexYear Built1965Year Renovated1965ZoningRMCountyLINNAPN0144176

    Schools near 1921 Southwest Elm Street

    This home is within Greater Albany Public School District 8j.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 5
    Public - 6 to 8
    Public - 9 to 12
    Public - 9 to 12
    Rating
    School
    Distance
    Liberty Elementary School
    PublicK to 5

    Memorial Middle School
    Public6 to 8

    West Albany High School
    Public9 to 12

    Albany Options School
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    1921 Southwest Elm Street is a multi-family home for sale in Albany, OR 97321. This property was listed for sale on July 1, 2026 by SMI REAL ESTATE, it's currently listed at $599,999. It has been on the market for a total of 38 days and was last sold on December 27, 2006. This listing's school district is Greater Albany Public School District 8j. Nearby schools include Liberty Elementary School, Memorial Middle School and West Albany High School. 1921 Southwest Elm Street is a 7-bed, 4-bath, 3,232 sqft multi-family home built in 1965.

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of SMI REAL ESTATE

    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.