1227 Water Av NE, Albany, OR 97321

Local realty services provided by:Knipe Realty ERA Powered
Listed by: joel bumgarnerCell: 541-990-4741
Office: redfin
MLS#:824002
Source:OR_WVMLS
1227 Water Av NE,Albany, OR 97321
$745,000
  • - Beds
  • 4 Baths
  • 3,496 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$745,000
  • Price per sq. ft.:$213.1

About this home

Accepted Offer with Contingencies. Don't miss out on this incredible investment opportunity! This fourplex is centrally located in the heart of Albany. BRAND NEW ROOF! NEW electrical panels in each unit. Three units are currently occupied by reliable tenants, while the newly renovated unit 1229 is available for a buyer who may wish to occupy the property. There are excellent loan products available for buyers looking to owner-occupy and take advantage of the property's current cash flow. Unit 1227 was renovated in 2023. Book a tour today!

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Home facts

  • Year built:1971
  • Listing ID #:824002
  • Added:329 day(s) ago
  • Updated:November 15, 2025 at 09:07 AM

Rooms and interior

  • Total bathrooms:4
  • Living area:3,496 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1971
  • Building area:3,496 sq. ft.
  • Lot area:0.25 Acres

Schools

  • High school:West Albany
  • Middle school:Memorial
  • Elementary school:Waverly

Utilities

  • Water:City

Finances and disclosures

  • Price:$745,000
  • Price per sq. ft.:$213.1
  • Tax amount:$5,258 (2024)
MLS LogoBased 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.

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