340 S Locust St, Canby, OR 97013

Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
Listed by: eric swansonCell: 541-990-3795
Office: smi real estate
MLS#:837273
Source:OR_WVMLS
340 S Locust St,Canby, OR 97013
$2,695,000
  • - Beds
  • 16 Baths
  • 13,890 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,695,000
  • Price per sq. ft.:$194.02

About this home

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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Home facts

  • Year built:1977
  • Listing ID #:837273
  • Added:9 day(s) ago
  • Updated:February 10, 2026 at 04:06 PM

Rooms and interior

  • Total bathrooms:16
  • Living area:13,890 sq. ft.

Structure and exterior

  • Year built:1977
  • Building area:13,890 sq. ft.
  • Lot area:1.02 Acres

Utilities

  • Water:City

Finances and disclosures

  • Price:$2,695,000
  • Price per sq. ft.:$194.02
  • Tax amount:$18,230 (2025)
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.

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