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Listed by Willcuts Company Real Estate • 503-538-8311
$ 539,000
Est. payment | /mo
$ 539,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 221641761
Year Built 2025
Annual Tax Amount $2,917
Tax Year 2025
Property Description
Attention investors and builders, prime redevelopment lot in growing Canby, perfect for developers or buyers wanting a custom build. Unlock the potential of 442 NW 4th Ave, minutes from downtown, schools, parks, and transit a rare and versatile redevelopment opportunity in one of Canby's most desirable and fast-growing neighborhoods. Whether you're a builder seeking a shovel-ready project or a homebuyer dreaming of a custom home, this oversized R2-zoned, just under ¼ ac lot offers incredible flexibility and future value. The existing structure is not currently habitable, making this a true land-value opportunity. Developers will appreciate that the property comes with city-approved engineering plans for a 5-unit development, including a 3-unit building facing NW 4th Ave and a 2-unit duplex accessible from the alley. Ideal for rental units, townhomes, or resale product. With approvals already in place, you can bypass lengthy pre-development timelines and move directly toward construction.Individual buyers can take advantage of the generous lot size and zoning to create a custom single-family home, a home with an ADU, or a layout designed for multi-generational living options that are nearly impossible to find in central Canby. Buyer to perform Due Diligence.
Location
State OR
County Clackamas
Area _146
Zoning R2
Rooms
Basement Crawl Space
Interior
Heating Other
Exterior
View Territorial
Roof Type Composition
Garage No
Building
Lot Description Level, Public Road
Story 2
Foundation Concrete Perimeter, Stem Wall
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Eccles
Middle Schools Baker Prairie
High Schools Canby
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
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16037 SW Upper Boones Ferry Rd Suite 150, Tigard, OR, 97224