Spacious, townhouse-style apartments have vintage look and appeal. Close to shopping, transportation, education, major employers, and I-5. Each unit has its own washer/dryer; upgraded kitchens with Corian countertops, dishwashers, microwave, disposal, back patio storage locker. 3-bedroom units have single car garages. Rents are well below market. New management in place and would like to stay. Interior courtyard with garden beds, gazebo, and dog run.
Multi-familyProperty Type
2020Year Built
1.47 acresLot Size
$200Price/Sq.Ft.
3 garage spacesParking
Listed by Kenneth Marshall• Vintage Realty Northwest
Russell Drive, located between Main Street and Oak Street, is a residential and commuter-friendly Lebanon neighborhood with tree-lined blocks and a low-key, small-town feel. The neighborhood’s energy concentrates around the Main Street corridor near Academy Square, where coffee counters, local diners, and storefront services set a steady daytime rhythm. Housing reads as mid-century ranches and practical newer builds, with wide driveways and tidy yards shaping the streetscape. Sidewalk walks link toward downtown’s brick-front core and civic buildings. Riverfront greenspace and ballfields nearby add an outdoorsy cadence without changing the quiet tone.
Spacious, townhouse-style vintage-feel apartments built in 2020 offer generous room sizes, patio, porch, upgraded kitchen with dishwasher and sink disposal, laundry room with washer and dryer, patio storage closet. Interior courtyard includes raised garden beds, gazebo, and dog run. New management is in the process of raising rents towards market rates. 3-bdr units have an attached garage. 36 onsite parking spots. Just steps to Safeway shopping center at Hwy 20 and Airport Road. Incredible convenience! One-bedroom apartments are 880 Square Feet. Two-bedrooms are 1,086 Square Feet. Three-bedrooms are 1,475 Square Feet. Great value compared with other apartment properties.
RMLS #711352972
Nov 9, 2026
Listed
$3,780,000
$200/sq ft
APPFOLIO #1
Sep 17, 2023
Rental Removed
$1,500
$0/sq ft
Sep 1, 2023
Listed for Rent
$1,500
$0/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
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Multi-Family (5+ Unit)
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Linn County
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Last updated by owner on May 26, 2023.
Apr 22, 2022 • Final
Commercial alarm or suppression systems
Install a fire alarm system for sprinkler and waterflow alarms.
Fire sprinkler
Apr 22, 2022 • Final
Commercial structural
Work on a four-plex residential building.
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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 91° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
11 unhealthy days expected this year, 13 days in 30 years
Provided by First Street
Historical weather
Lebanon, OR • 97355
Average low and high temperatures (°F)
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Sun exposure
In this area, properties receive around 10.3 hours in
June and 2.1 hours in December, placing it below the
U.S. average for solar exposure.
10.3 hrs
2.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 200 E Airport Rd
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