1227 Water Av NE, Albany, OR 97321

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: joel bumgarnerCell: 541-990-4741
Office: redfin
MLS#:824002
Source:OR_WVMLS
1227 Water Av NE,Albany, OR 97321
$745,000
  • - Beds
  • 4 Baths
  • 3,496 sq. ft.
  • Multi-family
  • Pending

Price summary

  • Price:$745,000
  • Price per sq. ft.:$213.1

About this home

Accepted Offer with Contingencies. Don't miss out on this incredible investment opportunity! This fourplex is centrally located in the heart of Albany. BRAND NEW ROOF! NEW electrical panels in each unit. Three units are currently occupied by reliable tenants, while the newly renovated unit 1229 is available for a buyer who may wish to occupy the property. There are excellent loan products available for buyers looking to owner-occupy and take advantage of the property's current cash flow. Unit 1227 was renovated in 2023. Book a tour today!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1971
  • Listing ID #:824002
  • Added:368 day(s) ago
  • Updated:December 24, 2025 at 08:33 AM

Rooms and interior

  • Total bathrooms:4
  • Living area:3,496 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1971
  • Building area:3,496 sq. ft.
  • Lot area:0.25 Acres

Schools

  • High school:West Albany
  • Middle school:Memorial
  • Elementary school:Waverly

Utilities

  • Water:City

Finances and disclosures

  • Price:$745,000
  • Price per sq. ft.:$213.1
  • Tax amount:$5,258 (2024)
MLS LogoBased 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.