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340 S LOCUST ST Canby, OR $ 2,595,000
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$ 2,595,000 Get more info
340 S LOCUST ST
$ 2,595,000
Back to search
Share Save

340 S LOCUST ST

Canby, OR, 97013
$ 2,595,000
Bedrooms2 Baths1.0

Monthly Estimate*

$ 15,978

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Multi-Family Home for sale in Canby, OR

for $2,595,000 with 2 bedrooms and 1 full bath. This home was built in 1977 on a lot size of 1.02.

Sunset Villa Apartments located in central Canby. The property features all 2 bed / 1 bath floor plans situated on a spacious 1.02-acre site. An onsite manager’s office, onsite laundry facilities, and 33 off-street parking stalls support stable, long-term operations.Offered at $2,595,000 with a strong 6.50% in-place cap rate, the asset has produced consistent cash flow for years. Additional upside is supported by RUBS utility reimbursements and strong rental fundamentals in a supply-constrained market.Member(s) of the ownership entity are Licensed Real Estate Brokers in the State of Oregon.

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Multi-Family Pending

Price

$ 2,595,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 18,755

Style

Lot Size

1.02

Year Built

1977

Town/City

Canby

County/Region

Clackamas

MLS | Web ID

551246483
Features
General
Sewer PublicSewer
Heating Other
Cooling None
Roof Other
Zoning R2
Year Built 1977
Stories Count 2
Tax Year 2025
Parcel Number 00797187
Gross Income 0
County Clackamas
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes None
Status Pending
Directions 45th
High School Canby
City Canby
Disclosures Disclosure
Number Of Units Total 16
MLS Area _146
Lot Size Square Feet 44431.0
Listing Terms Cash Conventional
Elementary School Other
Tax Annual Amount 18755.23
Middle/Junior High School Baker Prairie
Standard Status Pending
Accessory Dwelling Unit Y/N N
Legal Description 2163 POPPS ADDITION LT 1 BLK 1
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Exterior
Water Source PublicWater
Exterior Description Other
Lot Size Acres 1.02
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Interior
Hot Water Electricity Other
Unit 1 Baths Total 1
Unit 1 Beds Total 2
Unit Type UnitTypeType1
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Internal Only
Street Number 1 340
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* Excluded Features
List By
Smi Commercial Real Estate Llc

Broker

eric@smire.com

Email

Affordability Calculator

$17,541
Per Month
91%
9%
0%
Monthly Principal & Interest
$15,978
Monthly Property Taxes
$1,563
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4940509 Elementary School
1951231 Middle School
Canby High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/26/2026$2,595,000 -3.71% Price Down
2/3/2026$2,695,000 Listed Price

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340 S LOCUST ST, Canby, OR, 97013 is a Multi-Family Home for sale at $2,595,000 with a lot size of 1.02. 340 S LOCUST ST has 2 bedrooms, 1.0 baths, and was built in 1977. The property's zip code is 97013 which is in Canby, OR

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