Four-Unit Apartment
For Sale
$799,900
529 S Maple St, Canby, OR 97013
Fully occupied fourplex with furnished two-bedroom units, private storage, covered carports, and additional parking.
Property Size3,828 SF
Lot Size0.34 Acres
Days on Market14
Property Features for 529 S Maple St
General Information
Standard status
Active
Size
3,828 SF
Total Parking Spaces
8
Lot size
0.34 Acres
Property subtype
Multi Family Home
Zoning
R-2
Occupancy
100%
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7,831
Amenities
washer/dryer
refrigerator
range
dishwasher
private storage locker
Building Details
Building Size
3,828 SF
Year Built
1990
Stories
2
Units
4
Tenancy
Multi
Listing Agency:
Equity Oregon Real Estate
(503) 984-0950
Listed By:
Rod Adams · License #200111040
(503) 984-0950
Source:
Allprofessionalsre
Added: Jul 23
Changed: Aug 3
Last Checked: Aug 4 at 12:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Oregon Real Estate
Investment Insights
Based on property information with market context.
Built in 1990, this R-2 multifamily property contains four 950 SF apartments, each arranged with two bedrooms and one bathroom. Every unit includes a washer and dryer, refrigerator, range, dishwasher, private storage locker, covered carport, and one additional parking space. The property is fully occupied and positioned on a 0.34-acre flag lot with a private setting.
The property is located at 529 S Maple St in Canby, Oregon, with access to schools, parks, shopping, dining, and downtown amenities. I-5 is nearby, providing connections toward the Portland Metro area and Salem. The site is also described as having potential for two to three additional units, subject to buyer verification.
The property is located at 529 S Maple St in Canby, Oregon, with access to schools, parks, shopping, dining, and downtown amenities. I-5 is nearby, providing connections toward the Portland Metro area and Salem. The site is also described as having potential for two to three additional units, subject to buyer verification.
Key Highlights
- Four 950 SF units, each with 2 bedrooms and 1 bathroom
- Fully occupied multifamily property with R‑2 zoning
- Each apartment includes in‑unit washer/dryer and a full appliance package
Financial Insights For Apartment 5plus
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 | $94.2k | $24.60 |
| − Vacancy | −$4.8k | −$1.25 |
| EGI | $89.4k | $23.35 |
| − OpEx | −$40.2k | −$10.51 |
| NOI | $49.2k | $12.84 |
3,828 SF · lease $24.60/SF/yr · vacancy 5.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$702.2K
$614.4K – $819.2K
NOI $49,151 @ 7.0% cap · market cap 6.14%
Second Best
Multifamily LT 5
$686.9K
$601.1K – $801.4K
NOI $48,084 @ 7.0% cap · market cap 6.01%
Theoretical Best
Office A
$1.03M
$904.1K – $1.21M
NOI $72,329 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
764
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied fourplex with furnished two-bedroom units, private storage, covered carports, and additional parking.
Where is this quadplex located?
The property is located at 529 S Maple St Canby, OR.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Four 950 SF units, each with 2 bedrooms and 1 bathroom; Fully occupied multifamily property with R‑2 zoning; Each apartment includes in‑unit washer/dryer and a full appliance package
