For sale

Listed by: Investment Realty, Inc. • GARY SMITH • Contact: 541-752-4749

$19,800,000

972 N 2nd St, Jefferson, OR 97352

182beds

140baths

78,834sqft

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Multi Family

Built in 2024

-- sqft lot

$-- Zestimate^®

$251/sqft

$-- HOA

What's special

Jefferson Apartments: 84 beautiful apartments built in 2023-2024. There are 7 buildings with 28 two bedroom one bath (871 sf.), 14 two bedroom two bath (854 sf.), 28 two bedroom two bath (892 sf.) and 14 three bedroom two bath (1,251 sf.) apartments. Low maintenance and nicely landscaped exterior. 170 parking spaces. Excellent location in North Jefferson and a short driving distance to Salem and Albany. Property information package available with income and expense. Separate office with storage on-site. ksdlfjienrlajnfieaonh

152 days

169

4

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 182
Bathrooms: 140

Dining room

Features: Area (Combination)

Appliances

Included: Dishwasher, Built-In Range, Refrigerator

Features

Flooring: Carpet, Laminate
Has fireplace: No

Interior area

Total structure area: 78,834
Total interior livable area: 78,834 sqft

Property

Features

Fencing: Fenced

Lot

Size: 4.29 Acres
Features: Landscaped

Details

Parcel number: 537061
Zoning: MU-H

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Foundation: Slab
Roof: Composition,Shingle

Condition

Year built: 2024

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Water Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Jefferson

Financial & listing details

Price per square foot: $251/sqft
Tax assessed value: $20,097,390
Annual tax amount: $124,747
Price range: $19.8M - $19.8M
Date on market: 2/5/2026
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Exclusions: Tenants' Personal Possessions

Estimated market value

Not available

Estimated sales range

Not available

$2,785/mo

Price history

Date	Event	Price
2/5/2026	Listed for sale	$19,800,000+4068.4%$251/sqft
Source: WVMLS #837331 Report a problem
12/31/2020	Sold	$475,000+90%$6/sqft
Source: Public Record Report a problem
10/4/2004	Sold	$250,000$3/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$124,747 +91.7%	$8,293,370 +92.3%
2024	$65,068 +1377.8%	$4,312,820 +1378.6%
2023	$4,403	$291,690
2022	--	$291,690 +3%
2021	--	$283,200 +759.7%
2020	$4,024 +769.9%	$32,940
2019	$463 +7.3%	--
2018	$431	--

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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