1570 James St, Woodburn, OR 97071

Woodburn
Local realty services provided by:Knipe Realty ERA Powered
1570 James St,Woodburn, OR 97071
$4,750,000
  • - 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:$4,750,000

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:143 day(s) ago
  • Updated:October 27, 2026 at 12:53 PM

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:$4,750,000
  • Tax amount:$28,125 (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: October 27, 2026

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