MF apartment complex in Albany on 2.25 acres with 48 total units. Strong rental performance, excellent local schools, great location near bus stop, retail shopping, downtown Albany and Park & Ride. Unit mix of 1, 2, & 3 bedrooms. High quality construction with many amenities including onsite managers office, fenced in dog park, private garden, AC, washer dryer, etc. With thoughtful site design and 40% open space landscaping its a beautiful place for residents. Assumable loan at blended 3.63% interest rate.
Sold for $13,000,000 on 04/26/24
Listed by:
JAMES HAUGE CELL:503-877-2101,
Legacy Real Estate
Bought with: Conser Realty & Associates
$13,000,000
725 Hickory St NW, Albany, OR 97321
96beds
84baths
45,180sqft
Multi Family
Built in 2018
-- sqft lot
$10,871,900 Zestimate®
$288/sqft
$1,771 Estimated rent
Home value
$10,871,900
$9.02M - $13.15M
$1,771/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: April 26, 2024 at 12:52pm
Listed by:
JAMES HAUGE CELL:503-877-2101,
Legacy Real Estate
Bought with:
MATTHEW CONSER
Conser Realty & Associates
Source: WVMLS,MLS#: 806972
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 96
- Bathrooms: 84
Dining room
- Features: Area (Combination)
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Washer/Dryer, Electric Range, Microwave, Range Included, Electric Water Heater, Refrigerator
Features
- Office, High Speed Internet
- Flooring: Carpet, Laminate
- Has fireplace: No
Interior area
- Total structure area: 45,180
- Total interior livable area: 45,180 sqft
Property
Accessibility
- Accessibility features: Handicap Amenities - See Remarks
Features
- Patio & porch: Covered Deck, Covered Patio
- Has view: Yes
- View description: Territorial
Lot
- Size: 2.25 Acres
- Features: Dimension Above, Landscaped
Details
- Zoning: MUC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Fiber Cement, Lap Siding
- Foundation: Slab
- Roof: Composition
Condition
- New construction: No
- Year built: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Other (Refer to Remarks)
Location
- Region: Albany
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/26/2024 | Sold | $13,000,000$288/sqft |
Source:  WVMLS #806972 | ||
| 1/23/2024 | Pending sale | $13,000,000$288/sqft |
Source: WVMLS #806972 | ||
| 9/6/2023 | Price change | $13,000,000-3.7%$288/sqft |
Source: WVMLS #806972 | ||
| 7/6/2023 | Listed for sale | $13,500,000$299/sqft |
Source: WVMLS #806972 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 97321
Nearby schools
GreatSchools rating
- 6/10North Albany Elementary SchoolGrades: K-5Distance: 0.5 mi
- 7/10North Albany Middle SchoolGrades: 6-8Distance: 0.6 mi
- 8/10West Albany High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: North Albany
- Middle: North Albany
- High: West Albany
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Sell for more on Zillow
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$10.9M
2% more+ $217K
With Zillow Showcase(estimated)
$11.1M