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Renovated Five-Unit Apartment Building
For Sale
$989,900

525 SW 4TH Ave, Canby, OR 97013

MultiFamily, Canby, OR

Property Size1,902 SF
Lot Size0.36 Acres
Price / SF$520.45
Days on Market47

Property Features for 525 SW 4TH Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1
Bedrooms 4
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 4, Bathroom 3, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 2, Bedroom 1
Elementary school Lee
Middle school Baker Prairie
High school Canby
Directions From Hwy 99E, south on S Ivy St, west on SW 4th Ave to the property between S Douglas St and S Elm S
Subdivision _146
Standard status Active
APN 00999824
Size 1,902 SF
Lot size 0.36 Acres

Taxes and HOA fees

Tax Description SECTION 04 TOWNSHIP 4S RANGE 1E QUARTER BA TAX LOT 01900
Tax Annual Amount 6244
Legal Description SECTION 04 TOWNSHIP 4S RANGE 1E QUARTER BA TAX LOT 01900

Amenities

covered porch
fenced yard

Building Details

Year built 1920
Floors in Building 2
Number of units 5
Roof type Composition
Listing Agency: Keller Williams Realty Portland Premiere
Listed By: Darryl Bodle · License #199910100
Added: Aug 12 Changed: Sep 27 Last Checked: Sep 27 at 1:06PM
MLS# 555613542

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

Investment Insights

Based on property information with market context.

Built in 1920, this renovated apartment building contains 1,902 square feet across five vacant residences: two studios, two one-bedroom units, and one two-bedroom unit. Improvements include refreshed kitchens with stainless steel appliances, updated bathrooms, new lighting, and consistent contemporary finishes. The one-bedroom units also offer finished attic areas for added storage or flexible use.

Situated on a 0.36-acre corner parcel in Canby, the property includes seven paved off-street parking spaces, a covered porch, separate unit entrances, and a fenced yard. Its location near downtown places restaurants, shops, the Canby Public Library, Wait Park, and everyday services within reach. Highway 99E provides access to surrounding employment areas and the greater metro region. The property is zoned R1.

Key Highlights

  • Five vacant residences with a mix of two studios, two one‑bedroom units, and one two‑bedroom unit
  • 1,902 square feet in a 1920 apartment building
  • Renovated kitchens feature stainless steel refrigerators, freestanding electric ranges, and over‑the‑range microwaves

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service Computer & Electronic Repair Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

897
Businesses Nearby

Demographics for 97013, OR

24,512
Population
9,152
Households
2.7
Avg Household Size
41
Median Age
30%
College-Educated
88%
High-School Grad
58.9 sq mi
ZIP Area
416
Density / Sq Mi
$99,343
Median Household Income
$49,207
Median Earnings
$1,439
Median Rent
$509,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Vacant five-unit property with updated kitchens, varied floor plans, and fenced outdoor space.
Where is this apartment building located?
The property is located at 525 SW 4TH Ave Canby, OR.
What is the asking price?
The asking price for this property is $989,900.
What are key features of this property?
This property features: Five vacant residences with a mix of two studios, two one‑bedroom units, and one two‑bedroom unit; 1,902 square feet in a 1920 apartment building; Renovated kitchens feature stainless steel refrigerators, freestanding electric ranges, and over‑the‑range microwaves
More about this property
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