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422 NW 4th Ave, Canby, OR 97013

Canby
Local realty services provided by:CENTURY 21 North Homes Realty
422 NW 4th Ave,Canby, OR 97013
$479,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by: greg messick
Office: realtynet, llc.503-300-6330
MLS#:108082120
Source:PORTLAND

Price summary

  • Price:$479,000

About this home

Approved 5-Unit Townhome Development - Central Canby Rare opportunity to acquire a fully approved 5-unit townhome-style multifamily development on approximately 8,625 SF (0.198 acres) in the heart of Canby, Oregon. The project holds final City of Canby approval through the site and design review process with no appeals filed, in an established neighborhood minutes from downtown. For approximately $780,000 in equity, a developer can satisfy the estimated 40% construction lender contribution typically required for a new multifamily project of this size. The underlying land is now reduced to $479,000, a compelling entry point into new construction multifamily. PROJECT HIGHLIGHTS - Approved 5-unit multifamily townhome development, R2 zoning - Two-building design: triplex fronting NW 4th Avenue, duplex accessed from the rear alley - Three larger townhomes with attached garages - Two additional residential units with dedicated parking - Approximately 6,824 SF total living area -...

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Home facts

  • Listing ID #:108082120
  • Added:2 day(s) ago
  • Updated:September 18, 2026 at 11:33 AM

Schools

  • High school:Canby
  • Middle school:Baker Prairie
  • Elementary school:John McLoughlin

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$479,000
  • Tax amount:$2,917 (2026)
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 North Homes 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: September 18, 2026 PORTLAND Member Broker: Patrick Smith

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