Sold
Last Sold Price
418 SW 5th Ave, Albany, OR 97321
Multi FamilyProperty Type
1910Year Built

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!
  • Listed by: Kim Shelby • Coldwell Banker Valley / Alb
Listing closed: 09/29/2021 12:00 AM • Source: RMLS, MLS#: 21551324

Amenities

  • Basement
  • Parking Included

Location

Listing Courtesy of Coldwell Banker Valley / Alb

Sold By Keller Williams Realty Mid-Willamette

Add your commute

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.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 418 Southwest 5th Avenue

Property Details
  • Taxes: $5,009 / year
  • MLS Type: Multi Family
  • County: Linn County
Building Information
  • Stories: 3
  • Residences: 9
  • Year Built: 1910
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.

Similar Homes

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