451 Southwest 1st Avenue

Canby, OR 97013

$575,000
Price
—
Beds
2,980 Sq. Ft.
$193 / Sq. Ft.
2,980
Sq. Ft.
$193
per Sq. Ft.

Pending

Pending

Description

This multi-unit property boasts a stable rental income stream with long-term tenants, offering a hands-off investment opportunity for passive income. Duplex are mirrored image floorplans each with single car garages; 2 bd, 1.5 ba, fireplace, laundry room, living room, kitchen, dining area w/patio door to small backyard. 1 unit has new carpet and interior paint w/in the last year and the other unit has new carpet and interior paint w/in the past 3 years. Both currently generating consistent rental...This multi-unit property boasts a stable rental income stream with long-term tenants, offering a hands-off investment opportunity for passive income. Duplex are mirrored image floorplans each with single car garages; 2 bd, 1.5 ba, fireplace, laundry room, living room, kitchen, dining area w/patio door to small backyard. 1 unit has new carpet and interior paint w/in the last year and the other unit has new carpet and interior paint w/in the past 3 years. Both currently generating consistent rental income with reliable tenants. Adobe unit is a stand alone, 700 SF; 1 bd, 1 ba, small side yard, also generating consistent rental income w/long term (20 yr) tenant. Carport has 1 parking spot per unit and a closed storage area in the front. All 3 units are rented month to month. Buyer to do due diligence on square footage. Property could be used as a small business. Zoning is C2, Community Commercial. Buyer to do due diligence!
  1. Listed by Tonya Rourke • Premiere Property Group, LLC

Property Details for 451 Southwest 1st Avenue

Parking Features
Carport, Garage
Zoning
C2
Garage Spaces
2.00
Parking Total
6.00
LISTING UPDATED: 12/11/2024 01:47 AM

Property Details for 451 Southwest 1st Avenue

StatusPending
MLS #24533637
Days on Market12
Taxes$5,268 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1978
Lot Size0.45 AC / 19,602 SF
CountyClackamas County

Building Information for 451 Southwest 1st Avenue

Stories1Residences3Year Built1978Building Size-Lot Size0.45 AC / 19,602 SF

Property Information for 451 Southwest 1st Avenue

Summary
Location and General Information
  • Country: US
  • Directions: Off Hwy 99E or 1st Ave, North past Elm Street, right into flag lot, next to Motel 6
  • Road Surface: Paved
School Information
  • Elementary School: Lee
  • High School: Canby
  • Middle Or Junior School: Baker Prairie
Taxes and HOA
  • Tax Year: 2024
  • Tax Annual Amount: $5,268.17
  • Parcel Number: 00794135
  • Tax Legal Description: SECTION 33 TOWNSHIP 3S RANGE 1E QUARTER CD TAX LOT 02900
Property
Lot Information
  • Acres: 0.45
  • Lot Description: Flag Lot, Level, On Busline
  • Lot Size Square Feet: 19602.0
  • Lot Size Range: Sq Ft15000to19999
  • Lot Size: 15,000 to 19,999 Sq Ft
Property and Assessments
  • Property Type: Multi Family
  • Water Description: Public Water
  • Property Condition: Updated Remodeled
  • Year Built: 1978
Utilities
  • Fuel Description: None
  • Heating Description: Forced Air
  • Hot Water Description: Electricity
  • Sewer Description: Public Sewer
  • Rent Includes: Sewer, Water
Interior and Exterior Features
Exterior Features
  • Exterior Description: Other
  • Roof Type: Composition, Flat, Tar Gravel
Interior Features
  • Foundation Details: Concrete Perimeter
  • Stories: 1
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Gross Income Actual: $47,400.00
  • Gross Rent Multiplier: $12.13
  • Investor Information: According To Owner, Utility Records Available
  • Net Income Actual: $.00
  • Operating Expense: $.00
  • Security Features: None
  • Storage: Garage
  • Unit Type Type: Unit Type Type1, Unit Type Type2, Unit Type Type3
  • SqFt Approximate Building Total: 2980
Unit 1 Information
  • Unit Type 1 Baths Total: 2
  • Unit Type 1 Baths Decimal: 1.10
  • Unit Type 1 Beds Total: 2
  • Unit Type 1 Features: Fireplace, Range, Refrigerator, Washer Dryer
  • Unit Type 1 Rent: $1,650
  • Unit Type 1 SqFt: 1140.0
  • Unit Type 1 Units Total: 1
Unit 2 Information
  • Unit Type 2 Baths Total: 2
  • Unit Type 2 Baths Decimal: 1.10
  • Unit Type 2 Beds Total: 2
  • Unit Type 2 Features: Fireplace, Range, Refrigerator, Washer Dryer
  • Unit Type 2 Rent: $1,650
  • Unit Type 2 SqFt: 1140.0
  • Unit Type 2 Units Total: 1
Unit 3 Information
  • Unit Type 3 Baths Total: 1
  • Unit Type 3 Baths Decimal: 1.00
  • Unit Type 3 Beds Total: 1
  • Unit Type 3 Features: Range, Refrigerator, Washer Dryer
  • Unit Type 3 Rent: $650
  • Unit Type 3 SqFt: 700.0
  • Unit Type 3 Units Total: 1

Schools near 451 Southwest 1st Avenue

This home is within Canby School District 86.
Rating
School
Type
Grades
Distance
Philander Lee 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
Philander Lee 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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Listing Courtesy of Premiere Property Group, LLC

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