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Sold for $745,000
  • Listed by: Redfin • JOEL BUMGARNER • Contact: Cell: 541-990-4741
    Bought with: Redfin
    $745,000

    1233 Water Ave NE, Albany, OR 97321

    8beds
    4baths
    3,496sqft
    Quadruplex
    Built in 1971
    -- sqft lot
    $-- Zestimate®
    $213/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    Newly renovated unitBrand new roof
    Don't miss out on this incredible investment opportunity! This fourplex is centrally located in the heart of Albany. BRAND NEW ROOF! NEW electrical panels in each unit. Three units are currently occupied by reliable tenants, while the newly renovated unit 1229 is available for a buyer who may wish to occupy the property. There are excellent loan products available for buyers looking to owner-occupy and take advantage of the property's current cash flow. Unit 1227 was renovated in 2023. Book a tour today!

    Zillow last checked:

    Listing updated:

    Listed by:

    JOEL BUMGARNER Cell:541-990-4741,

    Redfin

    Bought with:

    JOEL BUMGARNER

    Redfin

    Source: WVMLS,MLS#: 824002MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Dining room
    • Features: Area (Combination)
    Heating
    • Natural Gas, Electric, Forced Air
    Appliances
    • Included: Dishwasher, Electric Range, Electric Water Heater, Gas Water Heater, Refrigerator
    • Laundry: W/D Hookup
    Features
    • Flooring: Carpet, Laminate
    • Has fireplace: No
    Interior area
    • Total structure area: 3,496
    • Total interior livable area: 3,496 sqft

    Property

    Features
    • Patio & porch: Covered Deck, Covered Patio
    • Fencing: Partial
    Lot
    • Size: 0.25 Acres
    Details
    • Additional structures: RV/Boat Storage
    • Parcel number: 00336160
    • Zoning: RM

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Wood Siding, T111
    • Foundation: Continuous
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Hacklemans 3rd Addition
    HOA
    • Has HOA: No
    Location
    • Region: Albany

    Financial & listing details

    • Price per square foot: $213/sqft
    • Tax assessed value: $632,340
    • Annual tax amount: $5,258
    • Price range: $745K - $745K
    • Date on market: 12/20/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,VA Loan,ODVA,1031 Exchange
    • Inclusions: All appliances in units not owned by tenants.

    Price history

    DateEventPrice
    3/6/2026Sold$745,000$213/sqft
    Source: WVMLS #824002 Report a problem
    2/24/2026Pending sale$745,000$213/sqft
    Source: WVMLS #824002 Report a problem
    2/17/2025Contingent$745,000$213/sqft
    Source: WVMLS #824002 Report a problem
    1/14/2025Price change$745,000-3.9%$213/sqft
    Source: WVMLS #824002 Report a problem
    12/20/2024Listed for sale$775,000+40.9%$222/sqft
    Source: WVMLS #824002 Report a problem
    6/21/2019Listing removed$550,000$157/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES R E PROF #746066 Report a problem
    3/20/2019Listed for sale$550,000+104.5%$157/sqft
    Source: BERKSHIRE HATHAWAY HOMESERVICES R E PROF #746066 Report a problem
    3/7/2007Sold$269,000$77/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,415 +3%$272,110 +3%
    2024$5,258 +2.9%$264,190 +3%
    2023$5,109 +1.6%$256,500 +3%
    2022$5,028 $249,030 +3%
    2021-- $241,780 +3%
    2020$4,669 +2.4%$234,740 +3%
    2019$4,560 +2.7%$227,910 +3%
    2018$4,442 $221,280 +3%
    2017$4,442 +3%$214,840 +3%
    2016$4,312 +7.3%$208,590 +3%
    2015$4,019 +2%$202,520 +3%
    2014$3,942 +6.5%$196,630 +3%
    2013$3,700 +947.4%$190,910 +3%
    2012$353 -89.6%$185,350 +3%
    2011$3,409 +3.2%$179,960 +3%
    2010$3,305 +6.8%$174,720 +3%
    2009$3,096 $169,640 +3%
    2008$3,096 +2.6%$164,700 +3%
    2007$3,018 +12.5%$159,904 +3%
    2006$2,683 +2.4%$155,247 +3%
    2005$2,620 +2.1%$150,727 +3%
    2004$2,565 +2.8%$146,338 +3%
    2003$2,495 $142,077
    Find assessor info on the county website

    Neighborhood: Willamette

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Waverly
    • Middle: Memorial
    • High: West Albany

    Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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