This offering includes two prime parcels—3.22 acres and 3.24 acres—zoned R-5 and located in Albany, OR, just south of Swan Lakes and under half a mile from Heritage Mall. With proximity to major transit corridors, established infrastructure, and a strong local community, the property is well-positioned for immediate development.A fully approved Planned Development covers the combined 6.5 acres and includes entitlements for:• A 44-unit multifamily project across four buildings• 11 homes• 31 garage/storage units (10'x20')The project is shovel-ready: civil engineering and architectural plans are complete and stamped, landscape and erosion control plans are approved, permits are purchased, tree removal and wetland delineations are done, and all site improvements are ready to begin.
Active
$2,250,000
840 Airport Rd SE, Albany, OR 97322
--beds
0baths
6.46Acres
Unimproved Land, Multi Family
Built in ----
6.46 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 146 days |
- 44 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
David Keys DavidK@norris-stevens.com,
Norris & Stevens Investment Real Estate Services
Source: RMLS (OR),MLS#: 560658359
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Lot
- Size: 6.46 Acres
- Features: Acres 5 to 7
Details
- Additional parcels included: 0108429
- Parcel number: 0108411
- Zoning: R-5
Utilities & green energy
- Utilities for property: Electricity Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Albany
Financial & listing details
- Tax assessed value: $200,630
- Annual tax amount: $2,972
- Date on market: 12/15/2025
- Listing terms: Call Listing Agent
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2025 | Listed for sale | $2,250,000+900% |
Source:  RMLS (OR) #560658359 Report a problem | ||
| 8/20/2015 | Listing removed | $225,000 |
Source: Gall Real Estate Services LLC #11676376 Report a problem | ||
| 7/14/2015 | Pending sale | $225,000+20.3% |
Source: Gall Real Estate Services LLC #11676376 Report a problem | ||
| 7/1/2015 | Sold | $187,000-16.9% |
Source: RMLS (OR) #11676376 Report a problem | ||
| 4/3/2015 | Price change | $225,000-34.8% |
Source: GALL REAL ESTATE SERVICES #642106 Report a problem | ||
| 8/26/2014 | Price change | $345,000-12.7% |
Source: GALL REAL ESTATE SERVICES #642106 Report a problem | ||
| 6/11/2014 | Price change | $395,000-11.2% |
Source: GALL REAL ESTATE SERVICES #642106 Report a problem | ||
| 4/22/2014 | Price change | $445,000-10.1% |
Source: GALL REAL ESTATE SERVICES #642106 Report a problem | ||
| 6/19/2013 | Price change | $495,000-16.8% |
Source: GALL REAL ESTATE SERVICES #642106 Report a problem | ||
| 4/30/2013 | Price change | $595,000-9.2% |
Source: GALL REAL ESTATE SERVICES #642106 Report a problem | ||
| 1/23/2013 | Price change | $655,000-34.2% |
Source: GALL REAL ESTATE SERVICES #642106 Report a problem | ||
| 1/10/2012 | Price change | $995,000-16.7% |
Source: GALL REAL ESTATE SERVICES #642106 Report a problem | ||
| 6/23/2011 | Listed for sale | $1,195,000-20.3% |
Source: GALL REAL ESTATE SERVICES #642106 Report a problem | ||
| 5/2/2011 | Listing removed | $1,500,000 |
Source: COLDWELL BNKR/COMMERCIAL DIV #604578 Report a problem | ||
| 8/1/2010 | Listed for sale | $1,500,000-37.5% |
Source: COLDWELL BNKR/COMMERCIAL DIV #604578 Report a problem | ||
| 2/18/2010 | Listing removed | $2,400,000 |
Source: COLDWELL BNKR/COMMERCIAL DIV #604578 Report a problem | ||
| 7/11/2009 | Listed for sale | $2,400,000 |
Source: COLDWELL BNKR/COMMERCIAL DIV #604578 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,886 +2.9% | $145,020 +3% |
| 2023 | $2,804 +3.2% | $140,800 +3% |
| 2022 | $2,717 | $136,700 +3% |
| 2021 | -- | $132,720 +3% |
| 2020 | $2,438 +4% | $128,860 +3% |
| 2019 | $2,344 +5.8% | $125,110 +3% |
| 2018 | $2,215 | $121,467 -36.8% |
| 2017 | $2,215 -38.4% | $192,250 +3% |
| 2016 | $3,596 +14.2% | $186,660 -2.4% |
| 2015 | $3,149 -15.5% | $191,270 +3% |
| 2014 | $3,726 +6.6% | $185,700 +3% |
| 2013 | $3,494 +947.4% | $180,300 +3% |
| 2012 | $334 -89.7% | $175,050 +3% |
| 2011 | $3,237 +3.7% | $169,960 +3% |
| 2010 | $3,122 +6.8% | $165,010 +3% |
| 2009 | $2,924 | $160,206 +3% |
| 2008 | $2,924 +2.6% | $155,540 +3% |
| 2007 | $2,850 +12.5% | $151,010 +3% |
| 2006 | $2,533 +2.4% | $146,612 +3% |
| 2005 | $2,475 +2.1% | $142,342 +3% |
| 2004 | $2,423 +2.8% | $138,197 +3% |
| 2003 | $2,356 +13.3% | $134,172 +3% |
| 2002 | $2,080 | $130,265 +3% |
| 2001 | -- | $126,471 +3% |
| 2000 | -- | $122,788 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Santiam
Nearby schools
GreatSchools rating
- 7/10South Shore Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10North Albany Middle SchoolGrades: 6-8Distance: 2.7 mi
- 7/10South Albany High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: South Shore
- Middle: Calapooia
- High: South Albany
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Oregon
- Linn County
- Albany
- 97322
- Santiam
- 840 Airport Rd SE
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