1921 SW Elm St

Albany, OR 97321

$599,999
Price
7
Beds
4
Baths
3,232 Sq. Ft.
$186 / Sq. Ft.
3,232
Sq. Ft.
$186
per Sq. Ft.
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New
New

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.
  1. Listed by PATRICK MULHERN • Brokerage DRE #200408207 • SMI REAL ESTATE
    P: (503)-390-6060 C: (971)-707-0335 patrick@smire.com

Property Details for 1921 Southwest Elm Street

Subdivision Name
Schultz Fron Add to S Alb
Zoning
RM
Zoning Description
RM
LISTING UPDATED: 07/01/2026 05:21 PM

Property Details for 1921 Southwest Elm Street

StatusActive
MLS #842959
Days on Market1
Taxes$4,729 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1965
Lot Size0.22 AC / 9,583 SF
CountyLinn County
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Location

Listing Courtesy of SMI REAL ESTATE
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Building Information for 1921 Southwest Elm Street

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

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$3,384 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,990

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: 2
  • Type: 2 Bedroom
Unit 3
  • Baths Total: 1
  • Beds Total: 2
  • Type: 2 Bedroom
Unit 4
  • Baths Total: 1
  • Beds Total: 1
  • Type: 1 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
Total Finished SqFt3,232 SqFtAbove Grade Finished SqFt3,232 SqFtStories1Lot Size9,583 SqFtStyleQuadraplexYear Built1965CountyLINNAPN11S 04W 12DD 05500Fireplace TypeHas Fireplace

Schools near 1921 Southwest Elm Street

This home is within Greater Albany Public School District 8j.
Rating
School
Type
Grades
Distance
Liberty Elementary School
Public - K to 5
Memorial Middle School
Public - 6 to 8
West Albany High School
Public - 9 to 12
Albany Options School
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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More information about 1921 Southwest Elm Street, Albany, OR 97321

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 1 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.