164 NE 4th Ave, Canby, OR 97013
Local realty services provided by:ERA Freeman & Associates, Realtors
164 NE 4th Ave,Canby, OR 97013
$6,900,000
- - Beds
- - Baths
- 40,716 sq. ft.
- Multi-family
- Active
Listed by: phillip barry
Office: barry investment real estate503-593-9707
MLS#:440406415
Source:PORTLAND
Price summary
- Price:$6,900,000
- Price per sq. ft.:$169.47
About this home
**5 tax lots - complete address: 164 & 188 NE 4th Ave + 173-193 NE 5th Ave, Canby, OR 97013** Canby Townhouse Apartments is a 35-unit multifamily community located in Canby, Oregon. Originally constructed in 1968, the property offers an exceptionally consistent and desirable townhome-style unit mix consisting of 34 two-bedroom/1.5-bath units and one three-bedroom/1.5-bath unit.The property's spacious floor plans are a defining feature of the community. The two-bedroom townhomes are approximately 1,120 square feet, while the three-bedroom unit is approximately 1,220 square feet. Every residence includes an in-unit washer and dryer, providing residents with a highly desirable amenity and further differentiating the property from traditional apartment product.The property has benefited from meaningful recent capital investment, including exterior painting completed in 2025, a new roof on one building in 2024. The property also benefits from energy-efficient vinyl windows and various upgrades to individual units at turnover or as needed. These improvements provide a new owner with the benefit of significant prior investment while preserving the opportunity to continue improving operations and growing rental income.Canby Townhouse Apartments offers a compelling combination of large residential-style floor plans, a highly desirable townhome configuration, recent capital improvements, and meaningful rental upside. Current average rents remain below estimated market levels, providing an investor with an opportunity to increase revenue over time through active hands-on management and natural tenant turnover....
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Home facts
- Year built:1968
- Listing ID #:440406415
- Added:12 day(s) ago
- Updated:October 27, 2026 at 12:53 PM
Rooms and interior
- Living area:40,716 sq. ft.
Heating and cooling
- Heating:Ceiling
Structure and exterior
- Roof:Composition
- Year built:1968
- Building area:40,716 sq. ft.
- Lot area:1.55 Acres
- Lot Features:Level
- Levels:2 Stories
Schools
- High school:Canby
- Middle school:Baker Prairie
- Elementary school:Knight
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$6,900,000
- Price per sq. ft.:$169.47
- Tax amount:$39,228 (2025)
Parking
- Parking description:Open
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