442 NW 4th Ave

Canby, OR 97013

$539,000
Price
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Beds
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Baths
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per Sq. Ft.
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Description

Attention investors and builders, prime redevelopment lot in growing Canby, perfect for developers or buyers wanting a custom build. Unlock the potential of 442 NW 4th Ave, minutes from downtown, schools, parks, and transit a rare and versatile redevelopment opportunity in one of Canby’s most desirable and fast-growing neighborhoods. Whether you’re a builder seeking a shovel-ready project or a homebuyer dreaming of a custom home, this oversized R2-zoned, just under ¼ ac lot offers incredible flexibility...Attention investors and builders, prime redevelopment lot in growing Canby, perfect for developers or buyers wanting a custom build. Unlock the potential of 442 NW 4th Ave, minutes from downtown, schools, parks, and transit a rare and versatile redevelopment opportunity in one of Canby’s most desirable and fast-growing neighborhoods. Whether you’re a builder seeking a shovel-ready project or a homebuyer dreaming of a custom home, this oversized R2-zoned, just under ¼ ac lot offers incredible flexibility and future value. The existing structure is not currently habitable, making this a true land-value opportunity. Developers will appreciate that the property comes with city-approved engineering plans for a 5-unit development, including a 3-unit building facing NW 4th Ave and a 2-unit duplex accessible from the alley. Ideal for rental units, townhomes, or resale product. With approvals already in place, you can bypass lengthy pre-development timelines and move directly toward construction. Individual buyers can take advantage of the generous lot size and zoning to create a custom single-family home, a home with an ADU, or a layout designed for multi-generational living options that are nearly impossible to find in central Canby. Buyer to perform Due Diligence.

Property Details for 442 Northwest 4th Avenue

Parking Features
Driveway, Garage
Zoning
R2
View
Territorial
LISTING UPDATED: 11/19/2025 08:05 PM

Property Details for 442 Northwest 4th Avenue

StatusActive
MLS #221641761
Days on Market24
Taxes$2,917 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2025
Lot Size-
CountyClackamas County

Location

Listing Courtesy of Willcuts Company Real Estate
Add your commute

Building Information for 442 Northwest 4th Avenue

Stories2Residences5Year Built2025Building Size-Lot Size-

Payment Calculator

$2,906 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,663

Property Taxes

$243

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 442 Northwest 4th Avenue

Summary
Location and General Information
  • Country: US
  • Directions: 99W, North on Elm, Right on 4th, property on left
  • Road Surface: Paved
School Information
  • Elementary School: Eccles
  • High School: Canby
  • Middle Or Junior School: Baker Prairie
Taxes and HOA
  • Tax Year: 2025
  • Tax Annual Amount: $2,917.46
  • Parcel Number: 00792618
  • Tax Legal Description: 14 CANBY LT 3 PT LT 4 BLK 21
Property
Lot Information
  • Lot Description: Level, Public Road
  • Lot Size Range: Sq Ft7000to9999
  • Lot Size: 7,000 to 9,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Proposed
  • Year Built: 2025
Utilities
  • Fuel Description: Electricity, Gas
  • Heating Description: Other
  • Sewer Description: Public Sewer
  • Rent Includes: None
Interior and Exterior Features
Exterior Features
  • Exterior Description: Cement Siding, Cultured Stone, Lap Siding
  • Roof Type: Composition
Interior Features
  • Basement: Crawl Space
  • Foundation Details: Concrete Perimeter, Stem Wall
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Gross Income Actual: $1.00
  • Gross Rent Multiplier: $539,000.00
  • Investor Information: Incomplete
  • Net Income Actual: $.00
  • Operating Expense: $.00
  • Storage: None
  • Unit Type Type: Unit Type Type1, Unit Type Type2
Unit 1 Information
  • Unit Type 1 Baths Total: 3
  • Unit Type 1 Baths Decimal: 2.10
  • Unit Type 1 Beds Total: 3
  • Unit Type 1 Rent: $1
  • Unit Type 1 SqFt: 1502.0
  • Unit Type 1 Units Total: 3
Unit 2 Information
  • Unit Type 2 Baths Total: 3
  • Unit Type 2 Baths Decimal: 2.10
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Rent: $1
  • Unit Type 2 SqFt: 1159.0
  • Unit Type 2 Units Total: 2

Property History for 442 Northwest 4th Avenue

DateEvent & SourcePriceAppreciation
Jul 28, 2023

Sold (Public Record)

Public Record #1528038416

$475,000—
DateEvent & SourcePrice
07/28/2023

Sold (Public Record)

Public Record #1528038416

$475,000

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

Public Records for 442 Northwest 4th Avenue

Taxable ValueLand-Additions-Total-
Tax Record2025$2,917 ($243 / month)
Home Facts
Beds2Baths1Total Finished SqFt896 SqFtAbove Grade Finished SqFt896 SqFtStories1Lot Size8,595 SqFtStyleSingle Family ResidenceYear Built1957ZoningR2CountyCLACKAMASAPN31E33CB05600Fireplace TypeHas Fireplace

Schools near 442 Northwest 4th Avenue

This home is within Canby School District 86.
Rating
School
Type
Grades
Distance
Howard Eccles Elementary School
Public - K to 6
Baker Prairie Middle School
Public - 7 to 8
Canby High School
Public - 9 to 12
Ackerman Middle School
Public - 6 to 8
Rating
School
Distance
Howard Eccles Elementary School
PublicK to 6

Baker Prairie Middle School
Public7 to 8

Canby High School
Public9 to 12

Ackerman Middle School
Public6 to 8

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 442 Northwest 4th Avenue, Canby, OR 97013

442 Northwest 4th Avenue is a multi-family home for sale in Canby, OR 97013. This property was listed for sale on November 17, 2025 by Willcuts Company Real Estate, it's currently listed at $539,000. It has been on the market for a total of 24 days and was last sold on July 28, 2023. This listing's school district is Canby School District 86. Nearby schools include Howard Eccles Elementary School, Baker Prairie Middle School and Canby High School. 442 Northwest 4th Avenue is a 0-bed, 0-bath, multi-family home built in 2025.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Willcuts Company Real Estate

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 © 2025 RMLS, Portland, Oregon. Last updated: 11/19/2025 08:05 PM