340 S Locust St, Canby, OR 97013 | MLS ID 837273

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$2,595,000

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Accepted Offer with Contingencies. Sunset Villa Apartments is a 16-unit community 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. Member(s) of the ownership entity are Licensed Real Estate Brokers in the State of Oregon. Additional upside is supported by RUBS utility reimbursements and strong rental fundamentals in a supply-constrained market

Information

Address:
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340 S Locust St
Canby, OR 97013

Bedrooms: 32

Bathrooms: 16

Square Feet: 13890

Type: Flat

Area/School Dist: OUTSIDE 4 COUNTY AREA

MLS ID: 837273

Status: Contingent

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Features

Taxes: $18,230
Lot Size: 1.02 Acres
Lot Dimensions: 1.02 Acre(s)
Year Built: 1977
Water: City
Sewer: City
Units: 16
Laundry: Laundry Center
Patio: Covered Patio
Price Per Square Foot: 186.83
Water Heater: Electric

Unit Information

Unit 1 Information
Bathroom(s): 1
Bedrooms: 2

Mortgage Information

Agency/Agent Information

Shown By:
  Agency Name: DAT Real Estate Solutions
  Agency Phone: 503-400-7995

Listed By
   SMI REAL ESTATE
  Agency Phone: 503-390-6060

DAT Real Estate Solutions
4660 Portland Road, Suite 103 | Salem, Oregon 97305
503.400.7995

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/03/2026. The listing information on this page last changed on 04/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/03/2026 12:01:12 AM EST) or RMLS (last updated Thu 04/02/2026 11:58:28 PM EST) or Willamette Valley MLS (last updated Thu 04/02/2026 11:51:07 PM EST). Real estate listings held by brokerage firms other than DAT Real Estate Solutions may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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