Turn key investment opportunity. 1880 unit just recently remodeled with new kitchen and bath cabinets, new vanities, new interior paint and blinds, new main floor carpet and vinyl flooring. Long term tenants at 1888 and 1884. No vacancy for over 10 years. Owner pays for water and sewer and tenants pay for all other utilities and yard maintenance. New roof 2023. All 3 units has newer water heaters. 1888 and 1884 has 10% rent increase by 2/1/2025. Listing broker has ownership interest.
Sold for $707,500
Listed by: Re/Max Integrity Corvallis Branch
Bought with: Excel Real Estate
$707,500
1888 Clay St SE, Albany, OR 97322
9beds
9baths
3,780sqft
Triplex
Built in 1999
-- sqft lot
$-- Zestimate®
$187/sqft
$1,596 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,596/mo
Zestimate® history
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List your homeWhat's special
New interior paintNew vanitiesNew main floor carpetVinyl flooring
Zillow last checked:
Listing updated:
Listed by:
REBECCA YU Direc:541-760-7380,
Re/Max Integrity Corvallis Branch
Bought with:
TROY MORRIS
Excel Real Estate
Source: WVMLS,MLS#: 823256
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 9
Dining room
- Features: Area (Combination)
Heating
- Baseboard
Appliances
- Included: Dishwasher, Disposal, Built-In Range, Electric Range, Range Included, Electric Water Heater, Refrigerator
- Laundry: W/D Hookup
Features
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,780
- Total interior livable area: 3,780 sqft
Property
Parking
- Parking features: 1 Garage, 1 garage
Features
- Patio & porch: Patio
- Exterior features: Green
- Fencing: Partial
Lot
- Size: 9,148 sqft
- Features: Cul-De-Sac, Landscaped
Details
- Parcel number: 00852749
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Lap Siding, T111
- Foundation: Continuous
- Roof: Composition,Shingle
Condition
- New construction: No
- Year built: 1999
Details
- Warranty included: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Albany
HOA & financial
Other financial information
- Total actual rent: 4725
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Price range: $707.5K - $707.5K
- Listing terms: Cash,Conventional,VA Loan,FHA,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 1/2/2025 | Sold | $707,500-1.5%$187/sqft |
Source:  WVMLS #823256 Report a problem | ||
| 12/9/2024 | Contingent | $718,000$190/sqft |
Source: WVMLS #823256 Report a problem | ||
| 11/15/2024 | Listed for sale | $718,000+182.7%$190/sqft |
Source: WVMLS #823256 Report a problem | ||
| 4/7/2004 | Sold | $253,960$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,102 +2.9% | $356,840 +3% |
| 2023 | $6,900 +1.6% | $346,450 +3% |
| 2022 | $6,791 | $336,360 +3% |
| 2021 | -- | $326,570 +3% |
| 2020 | $6,306 +2.4% | $317,060 +3% |
| 2019 | $6,159 +2.7% | $307,830 +3% |
| 2018 | $5,999 | $298,870 +3% |
| 2017 | $5,999 +14.5% | $290,170 +3% |
| 2016 | $5,240 +4.9% | $281,720 +3% |
| 2015 | $4,996 +4.3% | $273,520 +3% |
| 2014 | $4,788 +5.6% | $265,560 +1% |
| 2013 | $4,536 +859.8% | $262,930 +2.3% |
| 2012 | $473 -89.9% | $257,100 +3% |
| 2011 | $4,675 +2% | $249,620 +3% |
| 2010 | $4,585 +6.8% | $242,350 +3% |
| 2009 | $4,294 | $235,288 +3% |
| 2008 | $4,294 +2.6% | $228,436 +3% |
| 2007 | $4,185 +12.5% | $221,784 +3% |
| 2006 | $3,721 +2.4% | $215,326 +3% |
| 2005 | $3,634 +2.1% | $209,056 +3% |
| 2004 | $3,558 +2.8% | $202,968 +3% |
| 2003 | $3,460 | $197,057 |
Find assessor info on the county website
Neighborhood: Perwinkle
Nearby schools
GreatSchools rating
- 5/10Periwinkle Elementary SchoolGrades: K-5Distance: 0.2 mi
- 6/10Calapooia Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10South Albany High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Periwinkle
- Middle: North Albany
- High: South 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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- Oregon
- Linn County
- Albany
- 97322
- Perwinkle
- 1888 Clay St SE
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