Last Sold Price
418 SW 5th Ave, Albany, OR 97321

Description

Fantastic investment opportunity! Lots of charm in thisunique property which includes main house featuringwood flooring, 4 bedrooms, 2 bathrooms with finishedstudio and 1 bedroom apartment in basement AND adetached 4 plex (1Bd/1Ba Units). Outside boasts largepatio area, with plenty of space for gardening. Comeenjoy downtown living, close to tons of shopping, dining,and parks. Bring along your ideas & make thisdiamond shine for you!Fantastic investment opportunity! Lots of charm in thisunique property which includes main house featuringwood flooring, 4 bedrooms, 2 bathrooms with finishedstudio and 1 bedroom apartment in basement AND adetached 4 plex (1Bd/1Ba Units). Outside boasts largepatio area, with plenty of space for gardening. Comeenjoy downtown living, close to tons of shopping, dining,and parks. Bring along your ideas & make thisdiamond shine for you!
LISTING CLOSED: 09/29/2021 12:00 AM

  1. Listed by Kim Shelby • Coldwell Banker Valley / Alb

Property Details for 418 Southwest 5th Avenue

Status
MLS #
21551324
Days on Market
1
Taxes
$5,009 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family
Year Built
1910
Lot Size
-

Recent comparable sales

Median sold price

$465,000

Avg days on market

94

Sale-to-list ratio

92.8%

[Albany, OR]

9 comparable properties found

a front view of a house with a yard and potted plants
1/42
1

$516,800

Sold 08/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
a house view with a garden space
1/31
2

$650,000

Sold 10/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,792
Square Feet
2.15
Acres
a front view of a house with a garden
1/26
3

$465,000

Sold 01/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,740
Square Feet
0.17
Acres
a front view of a house with a yard
1/12
4

$445,000

Sold 03/06/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,175
Square Feet
0.17
Acres
a front view of house with yard and outdoor seating
1/21
5

$393,000

Sold 11/04/24

Unavailable
Bedrooms
Unavailable
Bathrooms
1,558
Square Feet
0.13
Acres
$560,000 | 3022 Marion Street Southeast, Albany, OR 97322
1/31
6

$560,000

Sold 08/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,160
Square Feet
0.16
Acres
$476,530 | 2801 Raleigh Court Southeast, Albany, OR 97322
1/31
7

$476,530

Sold 05/12/26

Unavailable
Bedrooms
Unavailable
Bathrooms
1,830
Square Feet
0.13
Acres
front view of a house and a yard
1/49
8

$385,000

Sold 02/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,674
Square Feet
0.1
Acres
$400,000 | 0 Northwest Green Acres Lane, Albany, OR 97321
1/15
9

$400,000

Sold 07/15/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.84
Acres

Amenities

  • Basement
  • Parking Included

Location

Listing Courtesy of Coldwell Banker Valley / Alb

Sold By Keller Williams Realty Mid-Willamette

Add your commute

Building Information for 418 Southwest 5th Avenue

Stories3Residences9Year Built1910Building Size-Lot Size-

Payment Calculator

$3,645 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,228

Property Taxes

$417

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 418 Southwest 5th Avenue

Summary
Location and General Information
  • Area: Linn County
  • Country: US
  • Directions: Ferry St SW
  • Road Surface: Paved
Parking
  • Parking Features: Off Site
Taxes and HOA Information
  • FIRPTA Y/N: No
  • Tax Year: 2020
  • Tax Deferral YN: No
Virtual Tour
  • Video Virtual Tour 1 Y/N: No
Property
Lot Information
  • Lot Description: Level, Trees
  • Zoning: HM
Property and Assessments
  • Water Description: Public
  • Property Condition: Existing
Utilities
  • Cooling Description: None
  • Fuel Description: Electricity
  • Heating Description: Forced Air
  • Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Lap Siding, Wood Siding
  • Roof Type: Composition
Interior Features
  • Basement: Separate Living Quarters/Apartment/Aux Living Unit
  • Foundation Details: Slab,Concrete Perimeter
  • View Y/N: Yes
  • View: City
Multi Family
Multi-Family Information
  • Common Amenities: Commons
  • Gross Income Actual: $36,600
  • Gross Rent Multiplier: 18
  • Net Income Actual: $26,499
  • Occupancy Types: Month To Month
  • Operating Expenses Actual: $10,101
  • Security Features: None
  • SqFt Approximate Building Total: 4353
  • Unit Features: Deck, Dishwasher, Disposal, Air Conditioning
  • Unit Type Type: 1, 2
Unit 1
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Beds Total: 4
  • Unit Type 1 Features: Deck, Dishwasher, Disposal, Air Conditioning
  • Unit Type 1 SqFt: 1562.0
  • Unit Type 1 Units Total: 1
Unit 2
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Deck, Dishwasher, Disposal, Air Conditioning
  • Unit Type 2 Rent: $375
  • Unit Type 2 SqFt: 464.0
  • Unit Type 2 Units Total: 2

Public Records for 418 Southwest 5th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$5,535 ($461 / month)
Home Facts
Total Finished SqFt4,793 SqFtAbove Grade Finished SqFt4,793 SqFtStories1Lot Size6,970 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyLINNAPN11S 03W 07BB 07400Fireplace TypeHas Fireplace

Schools near 418 Southwest 5th Avenue

This home is within Greater Albany Public School District 8j.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Takena Elementary School
PublicK to 2

Central Elementary School
Public3 to 5

Memorial Middle School
Public6 to 8

West Albany High 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 418 Southwest 5th Avenue, Albany, OR 97321
$635,000
$635,000
4,793
6,970
$635,000
9
8
4,353
6,970
3
2
2,340
5,663
$551,000
4
3,342
6,969
$267,900
8
4.5
4,950
6,970

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 Coldwell Banker Valley / Alb

All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 10/01/2021 09:31 AM