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$2,695,000
1 Day On Site
340 S Locust StCanby, OR 97013
For Sale|Multi Family|Active
32
Beds
16
Total Baths
13,890
SqFt
$194
/SqFt
1977
Built
County:
Clackamas
Listing courtesy of ERIC SWANSON of SMI REAL ESTATE (541) 990-3795
Cell: 541-990-3795,
Call Now: 503-308-9050
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503-308-9050
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$12,296Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
16 unit community in central Canby. All units are 2 bed / 1 bath floor plans on a spacious 1.02 acre site. Offered at $2,695,000 with an attractive -6.25% in place cap rate, proven consistency cash flow for years, stable long-term occupancy, RUBS utility reimbursements, strong historical operations and clear upside through continued unit upgrades and market rent growth. Member(s) of the ownership entity are Licensed Real Estate Brokers in the State of Oregon.
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Listing Snapshot
Price
$2,695,000
Days On Site
1 Day
Bedrooms
32
Inside Area (SqFt)
13,890 sqft
Total Baths
16
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.02 Acres
Year Built
1977
MLS® Number
837273
Status
Active
Property Tax
$18,230
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| yesterday | Listing updated with changes from the MLS® | |
| yesterday | Listing first seen on site |
General Features
Acres
1.02
Property Sub Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
R2
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Exterior Features
Patio And Porch
Covered
Listing courtesy of ERIC SWANSON of SMI REAL ESTATE (541) 990-3795
Cell: 541-990-3795
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Copyright 2026, Willamette Valley MLS.
Last checked: 2026-02-04 11:14 PM UTC
Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Copyright 2026, Willamette Valley MLS.
Last checked: 2026-02-04 11:14 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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