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340 S Locust StreetCanby, OR 97013Price: $2,595,000

  • Price: $2,595,000
  • Est. Mortgage of $/month
  • 103 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,595,000List Price
  • 1.02Acreage
Listed by Eric Swanson of SMI Commercial Real Estate LLC
Pending

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

Property Details of 340 S Locust Street

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Based on information submitted to OR_RMLS_WEB_API as of May 16, 2026 8:43 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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