Sold for $633,000

Listed by: Premiere Property Group, Llc Albany • AIMEE SIMMS • Contact: Cell: 541-409-3208

Bought with: Re/Max Integrity Albany Branch

$633,000

2920 Railroad St SE, Albany, OR 97322

8beds

4baths

3,260sqft

Quadruplex

Built in 1968

-- sqft lot

$-- Zestimate^®

$194/sqft

$2,154 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,154/mo

Zestimate^® history

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$3,882/mo

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$3,882/mo

Est. payment

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What's special

Excellent investment opportunity to own a 4 plex at a great price! Each unit has a nice functional floorplan, single car garage with washer/dryer hookups, and a private fenced yard with covered patio. Rents are below market value, so there is plenty of room to grow your income as rents are increased. With a little bit of TLC, there is great potential to grow some equity as well! Priced below last year's appraisal of $700,000!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Dining room

Features: Area (Combination)

Heating

Natural Gas, Forced Air

Appliances

Included: Gas Range, Range Included, Gas Water Heater, Refrigerator
Laundry: W/D Hookup

Features

High Speed Internet
Flooring: Carpet, Vinyl
Has fireplace: No

Interior area

Total structure area: 3,260
Total interior livable area: 3,260 sqft

Property

Parking

Parking features: Garage/1

Features

Patio & porch: Covered Patio
Exterior features: Light Blue
Fencing: Fenced
Has view: Yes
View description: Territorial
Frontage length: 147

Lot

Size: 0.3 Acres
Dimensions: 147 x 96
Features: Dimension Above, Landscaped

Details

Parcel number: 0122800
Zoning: RS 6.5

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Composite, T111
Foundation: Continuous
Roof: Shingle

Condition

New construction: No
Year built: 1968

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Albany

Financial & listing details

Price per square foot: $194/sqft
Tax assessed value: $287,420
Annual tax amount: $6,664
Price range: $633K - $633K
Date on market: 8/21/2025
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Inclusions: 4 ranges and 4 refrigerators
Exclusions: Tenants' personal property
Total actual rent: 2940

Price history

Date	Event	Price
5/5/2026	Listing removed	$2,150$1/sqft
Source: Zillow Rentals Report a problem
2/28/2026	Listed for rent	$2,150$1/sqft
Source: Zillow Rentals Report a problem
9/24/2025	Sold	$633,000+0.6%$194/sqft
Source: WVMLS #832867 Report a problem
9/12/2025	Pending sale	$629,000$193/sqft
Source: WVMLS #832867 Report a problem
8/25/2025	Contingent	$629,000$193/sqft
Source: WVMLS #832867 Report a problem
8/21/2025	Listed for sale	$629,000$193/sqft
Source: WVMLS #832867 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2015	$4,698 +4.1%	$252,360 +3%
2014	$4,514 +1.3%	$245,010 +3%
2013	$4,454 +7.6%	$237,880 +3%
2012	$4,140 +1.1%	$230,960 +3%
2011	$4,094 -0.6%	$224,240 +3%
2010	$4,119 +3.1%	$217,710 +3%
2009	$3,993 +3.5%	$211,377 +3%
2008	$3,858 +2.6%	$205,221 +3%
2007	$3,760 +12.5%	$199,244 +3%
2006	$3,343 +2.4%	$193,442 +3%
2005	$3,265 +2.1%	$187,808 +3%
2004	$3,196	$182,339