Listed by PATRICK MULHERN • SMI REAL ESTATE (Cell: 971-707-0335). Bought with SILVER RIDGE REALTY.
Sold on Aug 2026
$551,938
7
bd
•
4 ba
•
3,232
sq ft
1921 Elm St SW, Albany, OR 97321
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About this home
Outstanding investment opportunity! Prime location near schools and a major thoroughfare. First time on the market in 20 years with an exceptional rental history—just one vacancy in the past decade. Features include a 30-year membrane roof, fresh exterior paint (June 2026), low-maintenance ownership, and no owner-paid utilities. Below-market rents provide dependable income today with strong potential for increased returns over time.
Directions to Property: Hwy 99E to SW Queen Ave. West on Queen to SW Elm St. South on Elm to 20th. Property is on the NEC of Elm and 20th
Block: 3
Lot: 78
Cross Street: 20th Ave SW
Directions to Property: Hwy 99E to SW Queen Ave. West on Queen to SW Elm St. South on Elm to 20th. Property is on the NEC of Elm and 20th
Public facts
Beds: 2
Baths: 3.0
Sq. Ft.: 3,232
Stories: 1.0
Lot Size: 9,583 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1965
Year Renovated: —
County: Linn County
APN: 00144176
Home facts updated by county records on Sep 4, 2026
Other
Miscellaneous Information
Signage: Yes
Listing Information
Broker Attribution Contact: Cell: 971-707-0335
Status Detail: 0
Seller To Do 1031
Possession: COE
Information For Agents
Syndicated Remarks: Outstanding investment opportunity! Prime location near schools and a major thoroughfare. First time on the market in 20 years with an exceptional rental history—just one vacancy in the past decade. Features include a 30-year membrane roof, fresh exterior paint (June 2026), low-maintenance ownership, and no owner-paid utilities. Below-market rents provide dependable income today with strong potential for increased returns over time.
Around this home
Schools
Liberty Elementary School
Public K-5 • Assigned • 0.3mi
8/10
Memorial Middle School
Public 6-8 • Assigned • 0.1mi
5/10
West Albany High School
Public 9-12 • Assigned • 0.1mi
8/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 92° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
12 unhealthy days expected this year, 12 days in 30 years
Provided by First Street
Historical weather
Albany, OR • 97321
Average low and high temperatures (°F)
48
34
51
37
58
43
65
44
71
49
77
53
86
57
85
60
78
55
64
46
53
43
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.8 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$584,000 – $707,000
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