Four-Plex Investment
529 S MAPLE St Canby, OR 97013
New
For Sale
$799,900
MULTI_FAMILY - Canby, OR
Property Size3,828 SF
Lot Size0.34 Acres
Price / SF$208.96
Days on Market1
Property Features for 529 S MAPLE St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-2
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 6, Bedroom 5, Bedroom 4, Bedroom 1
- Standard status
- Active
- APN
- 00797659
- Size
- 3,828 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Description
- 2352 SCHMEISER TR LT 4 BLK 2
- Tax Annual Amount
- 7831
Utilities
- Heating system
- Baseboard
Building Details
- Year built
- 1990
- Floors in Building
- 2
- Number of units
- 4
- Roof type
- Composition
Listing Agency:
Equity Oregon Real Estate
(503) 266-3657
Listed By:
Rod Adams · License #200111040
(503) 984-0950
Added: Jul 23
Last Checked: Jul 23 at 6:06PM
MLS# 514482990
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.
This fully occupied four-plex features four spacious units, each approximately 950 square feet, with 2 bedrooms and 1 bathroom. Every unit includes a washer/dryer, refrigerator, range, and dishwasher, along with a private storage locker. Each unit also has covered carport parking plus an additional parking space.
The property is located on a large 0.34-acre private flag lot at 529 S Maple St in Canby. Public remarks note convenient access to schools, parks, shopping, dining, and downtown Canby, with nearby access to I-5 for commuting to Portland Metro or Salem.
Zoned R-2, the site is described as having potential for additional units, though any expansion would require buyer verification. Please do not disturb tenants.
The property is located on a large 0.34-acre private flag lot at 529 S Maple St in Canby. Public remarks note convenient access to schools, parks, shopping, dining, and downtown Canby, with nearby access to I-5 for commuting to Portland Metro or Salem.
Zoned R-2, the site is described as having potential for additional units, though any expansion would require buyer verification. Please do not disturb tenants.
Key Highlights
- Fully occupied 4‑plex investment property on a 0.34 AC private flag lot
- Four units, each approx. 950 SF, 2‑bedroom and 1‑bath layout
- Each unit includes washer/dryer plus refrigerator, range, and dishwasher
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - A fully occupied 4-plex on a 0.34-acre flag lot in Canby, offering four 2-bedroom units with covered 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: Fully occupied 4‑plex investment property on a 0.34 AC private flag lot; Four units, each approx. 950 SF, 2‑bedroom and 1‑bath layout; Each unit includes washer/dryer plus refrigerator, range, and dishwasher
