1570 James St, Woodburn, OR 97071
Local realty services provided by:ERA Freeman & Associates, Realtors
1570 James St,Woodburn, OR 97071
$4,850,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: cory carlson
Office: constant commercial real estate inc503-222-0282
MLS#:229235186
Source:PORTLAND
Price summary
- Price:$4,850,000
About this home
Willamette Pointe Apartments presents a rare opportunity to acquire a fully stabilized, 24-unit apartment community in the heart of Oregon's I-5 Corridor. Comprised of six two-story buildings on 1.27 acres, the property was built in 1970 and extensively renovated in 2018 — including updated interiors, roofing, and exterior improvements — offering the operational profile of a modern asset at a compelling basis well below replacement cost. All 24 units are identically configured as two-bedroom, one-and-a-half-bath floor plans of 931 SF, providing management simplicity and broad tenant appeal. Located in Woodburn, Oregon — midway between Portland (30 miles) and Salem (20 miles) — the property benefits from a dual-metro employment base and an established renter population. In-place rents average $1,737 per unit.
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Home facts
- Year built:1970
- Listing ID #:229235186
- Added:55 day(s) ago
- Updated:July 29, 2026 at 11:39 AM
Heating and cooling
- Cooling:Window Unit
Structure and exterior
- Year built:1970
- Lot area:1.27 Acres
- Lot Features:Level
- Levels:2 Stories
Schools
- High school:Woodburn
- Middle school:French Prairie
- Elementary school:Washington
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$4,850,000
- Tax amount:$28,125 (2025)
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