Excellent investment opportunity to own a 4 plex at a great price! Each unit has a nice functional floorplan, single car garage with washer/dryer hookups, and a private fenced yard with covered patio. Rents are below market value, so there is plenty of room to grow your income as rents are increased. With a little bit of TLC, there is great potential to grow some equity as well! Priced below last year's appraisal of $700,000!
For sale
Listed by:
AIMEE SIMMS Cell:541-409-3208,
Premiere Property Group, Llc Albany
$629,000
2920 Railroad St SE, Albany, OR 97322
8beds
4baths
3,260sqft
Est.:
Quadruplex
Built in 1968
-- sqft lot
$-- Zestimate®
$193/sqft
$-- HOA
What's special
Functional floorplan
- 2 days
- on Zillow |
- 263 |
- 22 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 21, 2025 at 01:05pm
Listed by:
AIMEE SIMMS Cell:541-409-3208,
Premiere Property Group, Llc Albany
Source: WVMLS,MLS#: 832867

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Dining room
- Features: Area (Combination)
Heating
- Natural Gas, Forced Air
Appliances
- Included: Gas Range, Range Included, Gas Water Heater, Refrigerator
- Laundry: W/D Hookup
Features
- High Speed Internet
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,260
- Total interior livable area: 3,260 sqft
Property
Parking
- Parking features: Garage/1
Features
- Patio & porch: Covered Patio
- Exterior features: Light Blue
- Fencing: Fenced
- Has view: Yes
- View description: Territorial
- Frontage length: 147
Lot
- Size: 0.3 Acres
- Dimensions: 147 x 96
- Features: Dimension Above, Landscaped
Details
- Parcel number: 00122800
- Zoning: RS 6.5
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Composite, T111
- Foundation: Continuous
- Roof: Shingle
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Albany
Financial & listing details
- Price per square foot: $193/sqft
- Tax assessed value: $768,950
- Annual tax amount: $6,664
- Price range: $629K - $629K
- Date on market: 8/21/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Inclusions: 4 ranges and 4 refrigerators
- Exclusions: Tenants' personal property
- Total actual rent: 2940
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