340 S Locust St, Canby, OR 97013

Local realty services provided by:CENTURY 21 Agate Realty
340 S Locust St,Canby, OR 97013
$2,595,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: eric swanson
Office: smi commercial real estate llc.503-390-6060
MLS#:551246483
Source:PORTLAND

Price summary

  • Price:$2,595,000

About this home

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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Home facts

  • Year built:1977
  • Listing ID #:551246483
  • Added:70 day(s) ago
  • Updated:April 15, 2026 at 07:21 AM

Structure and exterior

  • Year built:1977
  • Lot area:1.02 Acres
  • Levels:2 Stories

Schools

  • High school:Canby
  • Middle school:Baker Prairie
  • Elementary school:Other

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,595,000
  • Tax amount:$18,755 (2025)
MLS LogoAll information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than CENTURY 21 Agate Realty are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: April 15, 2026