340 S Locust St, Canby, OR 97013

Canby
Local realty services provided by:Knipe Realty ERA Powered
340 S Locust St,Canby, OR 97013
$2,595,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: eric swanson
Office: smi commercial real estate llc.503-390-6060
MLS#:551246483
Source:PORTLAND

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Price summary

  • Price:$2,595,000

About this home

Sunset Villa Apartments located in central Canby. The property features all 2 bed / 1 bath floor plans situated on a spacious 1.02-acre site. An onsite manager’s office, onsite laundry facilities, and 33 off-street parking stalls support stable, long-term operations.Offered at $2,595,000 with a strong 6.50% in-place cap rate, the asset has produced consistent cash flow for years. Additional upside is supported by RUBS utility reimbursements and strong rental fundamentals in a supply-constrained market.Member(s) of the ownership entity are Licensed Real Estate Brokers in the State of Oregon.

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Home facts

  • Year built:1977
  • Listing ID #:551246483
  • Added:107 day(s) ago
  • Updated:May 22, 2026 at 06:36 AM

Structure and exterior

  • Year built:1977
  • Levels:2 Stories

Schools

  • High school:Canby
  • Middle school:Baker Prairie
  • Elementary school:Other

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,595,000
  • Tax amount:$18,755 (2025)
MLS LogoAll 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 Knipe Realty ERA Powered 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: May 22, 2026

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