Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2522/2520 Main St SE Albany, OR 97322

    Sponsored
    For Sale
    $420,000

    Duplex - Albany, OR

    Type:Duplex
    Property size:
    2,080 SF
    Lot size:
    0.23 Acres
    Days on Market:
    47
    Last Refresh:
    Jan 28 at 3:06 pm

    Property Features for 2522/2520 Main St SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Dining Room, Loft
    Bedrooms
    2
    Bathrooms
    4
    APN
    0123048
    Exterior features
    Fenced Yard, Landscaping, Shed
    Fencing
    Fenced
    Appliances
    Dishwasher, Garbage Disposer, Range, Washer
    Size
    2,080 SF
    Lot size
    0.23 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating), Zoned (Heating)
    Cooling system
    Multi Units, Window Unit(s), Zoned

    Building Details

    Year built
    1968
    Number of units
    3
    Flooring type
    Carpet, Vinyl
    Roof type
    Composition
    Architectural style
    Other
    Additional Structures
    Packing Shed, Shed(s)

    We can help!

    Listing Contact
    ELIZABETH BOISVERT

    EXP REALTY LLC (888) 814-9613

    Listing agent ELIZABETH BOISVERT (888) 814-9613

    Listing date Dec 13, 2025

    MLS# 834802 Listing URL

    Copyright © 2026 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Albany Duplex with Large Backyard

    This duplex in Albany, Oregon, features two homes in one. The main level includes a living room, half bath, and a spacious kitchen with a slider that opens to a large backyard. The garage is equipped with laundry hook-ups. Upstairs, there is a loft or bonus space with a closet, suitable as a second bedroom or a flexible room. The property is situated on a 0.23-acre lot. The layout provides room to grow. The property size is 2080 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Linn
    State
    Oregon
    Longitude
    -123.0884628
    Latitude
    44.6170671

    Nearby Similar for Sale

    • $950,000
      8,900 SF

      Historic Church with Flexible Space

      8,900 sqft historic church suitable for ministry or community programs.
      1099 SW Queen Ave, Albany, OR 97321
      View Details
    • $370,000
      1,860 SF

      Albany Duplex: Investment Opportunity

      Well-maintained duplex in Albany's Opportunity Zone with long-term tenants.
      3711-3713 Earl Ave NE, Albany, OR 97322
      View Details
    • New
      $370,000
      1,860 SF

      Albany Duplex Investment Opportunity

      Well-maintained duplex in Albany's Opportunity Zone with long-term tenants.
      3711 Earl Ave NE, Albany, OR 97322
      View Details
    • Contact for pricing

      Versatile Albany Commercial Property For Sale

      6.84 acres with 46,287 SF across seven buildings.
      Albany, OR 97321
      View Details
    • $3,525,000
      24,260 SF

      Light Industrial Building Investment Opportunity

      Class A light industrial building with long-term tenant, great location.
      1913-1957 Fescue St SE, Albany, OR 97322
      View Details
    • $3,525,000
      24,260 SF

      Light Industrial Building Investment

      Class A building with long-term tenant and highway visibility.
      1913-1957 Fescue St SE, Albany, OR 97322
      View Details
    • Contact for pricing

      Chipotle Corporate Lease Opportunity

      Corporate Chipotle lease with rental increases in top Oregon mall.
      1961 14Th Ave SE, Albany, OR 97322
      View Details
    • $850,000
      6,854 SF

      Remodeled Multi-Tenant Albany Investment Property

      Turnkey investment opportunity in downtown Albany, Oregon with long-term tenants.
      214 2Nd Ave SW, Albany, OR 97321
      View Details
    • $679,999

      Duplex on Acreage in Riverside

      Duplex on 2.15 acres with horse barn near Albany.
      36048 Riverside Dr, Albany, OR 97321
      View Details
    • $3,850,000
      16,754 SF

      Albany Industrial Outdoor Storage Site

      9-acre industrial site with warehouse and office space for sale.
      3923 Old Salem Rd NE, Albany, OR 97321
      View Details
    • $49,900

      Move-In Ready Mobile Home

      Double-wide mobile home featuring three bedrooms and two bathrooms.
      3800 Mountain View Dr SE, Albany, OR 97322
      View Details
    • $970,000
      8,000 SF

      High Visibility Retail/Office Space

      8,000+ SF retail/office space on corner lot for sale.
      2501 Pacific Bl SE, Albany, OR 97321
      View Details

    FAQs

    What type of property is this?
    Duplex - Two homes in one with a spacious backyard.
    Where is this duplex located?
    The property is located at 2522/2520 Main St SE Albany, OR.
    What is the asking price?
    The asking price for this property is $420,000.
    What are key features of this property?
    This property features: - Two homes in one / flexible living space.; - Enjoy the large backyard.; - Loft/bonus space usable as a second bedroom or flex room.
    (541) 243-2547
    Request Owner's contact information
    2522/2520 Main St SE Albany, OR 97322
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2522/2520 Main St SE
    Albany, OR 97322
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2522/2520 Main St SE Albany, OR 97322
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    ELIZABETH BOISVERT
    (541) 243-2547
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.