Own a cornerstone in Albany’s Historic Downtown: 2,955 SF brick building (HD zoning) with 5 on-site stalls. Built 1954, fully rebuilt to studs/roof framing in 1998, then refreshed with new exterior + roof in 2025. Three private-entry suites; occupy the 1,450 SF primary suite while Edward Jones + Habitat for Humanity provide $2,335/mo gross income. Rare own-vs-lease opportunity in a high-visibility location.
Multi-familyProperty Type
1954Year Built
5,227 sq ftLot Size
$186Price/Sq.Ft.
Listed by Eric Swanson• SMI Commercial Real Estate LLC
Monteith, located between the Willamette River and downtown Albany, is a historic and walkable Albany neighborhood with tree-lined streets and riverfront parkland. Victorian-era homes and restored cottages set a classic streetscape, with brick sidewalks and mature canopy trees. The neighborhood’s character concentrates around the Monteith Riverpark paths near Water Avenue NW, where cyclists, dog-walkers, and festival crowds mingle by the river. Community pillars include the Albany Regional Museum, the Historic Carousel & Museum, and the Albany Civic Theater. Cafes and small galleries cluster along 1st Avenue SW, while river views and pocket greenspaces keep the pace unhurried.
Provided by Walk Score and Local Logic
Property details
Interior
Appliances
Hot Water Description: Other
Exterior
Exterior Features
Exterior Description: Brick
Lot Information
Lot Size Square Feet: 5,227
Lot Size Range: 5,000 to 6,999 SqFt
Lot Size Acres: 0.12
Lot Size: 5,000 to 6,999 SqFt
Parcel Number: 0130860
Property Information
Property Type: Multi Family
Property Attached YN: No
Property Condition: Approximately
View YN: No
Building Information
Year Built: 1954
Building Area Total: 2,955
Financial
Tax Information
Tax Year: 2025
Tax Legal Description: 11S04W12AA
Tax Annual Amount: $6,617.88
Utilities
Utility Information
Green Certification YN: No
Fuel Description: Electricity
Water Source: Public Water
Sewer: Public Sewer
Heating & Cooling
Heating YN: No
Heating: Other
Cooling YN: No
Cooling: Other
Electricity and solar
View estimated energy costs and solar savings for this home