3426 Marion 1 2 3 St SE, Albany, OR 97322
MULTI_FAMILY - Albany, OR
- Added:
- Mar 25, 2026
- Days on Market:
- 83
- Last Refresh:
- Jun 15 at 1:06 am
Property Features for 3426 Marion 1 2 3 St SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RM
- Bedrooms
- 3
- Bathrooms
- 5
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 2
- Patio and Porch features
- Patio
- Standard status
- Active Under Contract
- APN
- 0124525
- Size
- 3,027 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4181
Utilities
- Heating system
- Zoned, Electric (Heating)
Building Details
- Year built
- 1976
- Number of units
- 3
- Flooring type
- Laminate, Carpet
- Roof type
- Composition
Listing agent GLADYS BLUM (503) 485-1900
Listing office BLUM REAL ESTATE 2035 MADRONA AV SE STE 100, Salem, OR (503) 485-1900
Listing date Mar 25, 2026
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.
HighLights
- Two‑story triplex on a .32‑acre parcel
- Each unit includes an attached garage and an open floor plan on the main level
- Main level offers an equipped kitchen, inside utility area, half bath, and slider to a back patio
- Upper level includes a spacious primary suite with a walk‑in closet and a full bath
- Includes large fenced back yards for each unit
- Year built 1976; composition roof; laminate and carpet flooring; zoned electric heating
Overview
Located in Albany, Oregon, the property is described as close to transportation, shopping, and schools. The listing is for a for-sale multifamily investment opportunity, with RM zoning noted for the site.
For investors or owner-operators seeking a self-contained rental setup, the configuration offers three separate units with consistent interior layouts and private outdoor space. The attached garages and fenced back yards can also support practical tenant needs by keeping parking and backyard areas more defined and usable.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.8k | $13.80 |
| − Vacancy | −$952 | −$0.31 |
| EGI | $40.8k | $13.49 |
| − OpEx | −$12.2k | −$4.05 |
| NOI | $28.6k | $9.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Linn
- State
- Oregon
- Longitude
- -123.098507
- Latitude
- 44.60934
