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$2,595,000
42 Days On Site
340 S LOCUST STCanby, OR 97013
For Sale|Multi Family|Pending
2
Beds
1
Total Bath
1977
Built
County:
Clackamas
Listing courtesy of Eric Swanson of SMI Commercial Real Estate LLC (541) 990-3795
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Sunset Villa Apartments located in central Canby. The property features all 2 bed / 1 bath floor plans situated on a spacious 1.02-acre site. An onsite manager’s office, onsite laundry facilities, and 33 off-street parking stalls support stable, long-term operations.Offered at $2,595,000 with a strong 6.50% in-place cap rate, the asset has produced consistent cash flow for years. Additional upside is supported by RUBS utility reimbursements and strong rental fundamentals in a supply-constrained market.Member(s) of the ownership entity are Licensed Real Estate Brokers in the State of Oregon.
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Listing Snapshot
Price
$2,595,000
Days On Site
42 Days
Bedrooms
2
Inside Area (SqFt)
N/A
Total Baths
1
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.02 Acres
Year Built
1977
MLS® Number
551246483
Status
Pending
Property Tax
$18,755.23
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Status changed to Pending | |
| 3 weeks ago | Price changed to $2,595,000 | |
| a month ago | Listing first seen on site |
General Features
Acres
1.02
Disclosures
Disclosure
Number Of Stories
2
Property Sub Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
R2
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Exterior Features
Roof
Other
Community Features
Financing Terms Available
CashConventional
MLS Area
_146
Schools
School District
Unknown
Elementary School
Other
Middle School
Baker Prairie
High School
Canby
Listing courtesy of Eric Swanson of SMI Commercial Real Estate LLC (541) 990-3795
The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
Last checked 2026-03-18 01:50 AM PDT.
All information provided is deemed reliable but is not guaranteed and should be independently verified
The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
Last checked 2026-03-18 01:50 AM PDT.
All information provided is deemed reliable but is not guaranteed and should be independently verified
Neighborhood & Commute
Source: Walkscore
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