422 NW 4th Ave, Canby, OR 97013

Canby
Local realty services provided by:ERA Freeman & Associates, Realtors
422 NW 4th Ave,Canby, OR 97013
$479,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by: greg messick
Office: realtynet, llc.503-300-6330
MLS#:108082120
Source:PORTLAND

Price summary

  • Price:$479,000

About this home

Approved 5-Unit Townhome Development - Central Canby Rare opportunity to acquire a fully approved 5-unit townhome-style multifamily development on approximately 8,625 SF (0.198 acres) in the heart of Canby, Oregon. The project holds final City of Canby approval through the site and design review process with no appeals filed, in an established neighborhood minutes from downtown. For approximately $780,000 in equity, a developer can satisfy the estimated 40% construction lender contribution typically required for a new multifamily project of this size. The underlying land is now reduced to $479,000, a compelling entry point into new construction multifamily. PROJECT HIGHLIGHTS - Approved 5-unit multifamily townhome development, R2 zoning - Two-building design: triplex fronting NW 4th Avenue, duplex accessed from the rear alley - Three larger townhomes with attached garages - Two additional residential units with dedicated parking - Approximately 6,824 SF total living area -...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:108082120
  • Added:1 day(s) ago
  • Updated:September 16, 2026 at 01:41 PM

Schools

  • High school:Canby
  • Middle school:Baker Prairie
  • Elementary school:John McLoughlin

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$479,000
  • Tax amount:$2,917 (2026)
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 ERA Freeman & Associates, Realtors 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: September 16, 2026

New listings near 422 NW 4th Ave