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442 NW 4th Ave, Canby, OR 97013

Canby
Local realty services provided by:CENTURY 21 Northstar
442 NW 4th Ave,Canby, OR 97013
$489,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by: shawn varwig
Office: keller williams realty portland premiere503-597-2444
MLS#:752637550
Source:PORTLAND

Price summary

  • Price:$489,000

About this home

Rare opportunity to acquire a fully approved 5-unit townhome-style multifamily development situated on approximately 8,625 SF (0.198 acres) in the heart of Canby, Oregon. The project has received final City approval and is positioned within one of Canby's established residential neighborhoods.For approximately $780,000 in equity, a developer can satisfy the estimated 40% construction lender contribution typically required for a new multifamily development of this size. The underlying land is offered at $499,000, providing a compelling entry point into new construction multifamily development.PROJECT HIGHLIGHTS• Approved 5-unit multifamily townhome development• Approximately 8,625 SF lot (0.198 acres)• Final City of Canby approval with no appeals filed• Two-building design• Three larger townhomes with attached garages• Two additional residential units with dedicated parking• Approximately 6,824 SF total living area• Approximately 7,511 SF total built area including garages• Central...

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Home facts

  • Listing ID #:752637550
  • Added:49 day(s) ago
  • Updated:July 29, 2026 at 05:29 PM

Schools

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

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$489,000
  • Tax amount:$2,917 (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 Northstar 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: July 29, 2026

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