164 NE 4th Ave, Canby, OR 97013
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
164 NE 4th Ave,Canby, OR 97013
$6,900,000
- - Beds
- - Baths
- 40,716 sq. ft.
- Multi-family
- Active
Listed by: phillip barry
Office: barry investment real estate503-593-9707
MLS#:440406415
Source:PORTLAND
Price summary
- Price:$6,900,000
- Price per sq. ft.:$169.47
About this home
**5 tax lots - complete address: 164 & 188 NE 4th Ave + 173-193 NE 5th Ave, Canby, OR 97013** Canby Townhouse Apartments is a 35-unit multifamily community located in Canby, Oregon. Originally constructed in 1968, the property offers an exceptionally consistent and desirable townhome-style unit mix consisting of 34 two-bedroom/1.5-bath units and one three-bedroom/1.5-bath unit.The property's spacious floor plans are a defining feature of the community. The two-bedroom townhomes are approximately 1,120 square feet, while the three-bedroom unit is approximately 1,220 square feet. Every residence includes an in-unit washer and dryer, providing residents with a highly desirable amenity and further differentiating the property from traditional apartment product.The property has benefited from meaningful recent capital investment, including exterior painting completed in 2025, a new roof on one building in 2024. The property also benefits from energy-efficient vinyl windows and various upgrades to individual units at turnover or as needed. These improvements provide a new owner with the benefit of significant prior investment while preserving the opportunity to continue improving operations and growing rental income.Canby Townhouse Apartments offers a compelling combination of large residential-style floor plans, a highly desirable townhome configuration, recent capital improvements, and meaningful rental upside. Current average rents remain below estimated market levels, providing an investor with an opportunity to increase revenue over time through active hands-on management and natural tenant turnover....
Contact an agent
Home facts
- Year built:1968
- Listing ID #:440406415
- Added:7 day(s) ago
- Updated:October 22, 2026 at 12:02 PM
Rooms and interior
- Living area:40,716 sq. ft.
Heating and cooling
- Heating:Ceiling
Structure and exterior
- Roof:Composition
- Year built:1968
- Building area:40,716 sq. ft.
- Lot area:1.55 Acres
- Lot Features:Level
- Levels:2 Stories
Schools
- High school:Canby
- Middle school:Baker Prairie
- Elementary school:Knight
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$6,900,000
- Price per sq. ft.:$169.47
- Tax amount:$39,228 (2025)
Parking
- Parking description:Open
New listings near 164 NE 4th Ave
- New
$649,900Active5 beds 3 baths2,562 sq. ft.948 NE 17th Ave, Canby, OR 97013
MLS# 196989956Listed by: GEORGETOWN REALTY INC. - New
$224,900Active3 beds 2 baths1,512 sq. ft.1655 S Elm St, Canby, OR 97013
MLS# 300436397Listed by: EXP REALTY, LLC - Open Sun, 11am to 1:30pmNew
$465,000Active3 beds 2 baths1,379 sq. ft.230 SW 7th Ave, Canby, OR 97013
MLS# 522943150Listed by: THE REAL ESTATE FIRM - New
$75,000Active2 beds 1 baths924 sq. ft.1111 SE 3rd Ave #63, Canby, OR 97013
MLS# 570791357Listed by: REALTY OF AMERICA, LLC - New
$529,500Active3 beds 3 baths1,689 sq. ft.165 SW 9th Ave, Canby, OR 97013
MLS# 146756629Listed by: LOVELL & HALL REAL ESTATE PARTNERS
$879,900Active4 beds 3 baths3,223 sq. ft.1053 NE 16th Ave, Canby, OR 97013
MLS# 264892303Listed by: EXP REALTY, LLC
$410,000Active2 beds 3 baths1,945 sq. ft.1193 N Juniper St, Canby, OR 97013
MLS# 405064508Listed by: MORE REALTY
$668,000Active5 beds 3 baths2,702 sq. ft.1524 NE 17th Ave, Canby, OR 97013
MLS# 568376457Listed by: BERKSHIRE HATHAWAY HOMESERVICES NW REAL ESTATE
$415,000Active3 beds 3 baths1,298 sq. ft.1738 N Manzanita St, Canby, OR 97013
MLS# 413845378Listed by: KELLER WILLIAMS REALTY PORTLAND PREMIERE