$850,000

2448 SE Sherman (-2500) St Albany, OR 97322

Sunrise Neighborhood

Estimated payment $5,289/month

Total Views 1,332
8 Beds
4 Baths
3,120 Sq Ft
$272 Price per Sq Ft

Highlights

  • 0.35 Acre Lot
  • Territorial View
  • Zoned Heating
  • Family Room with Fireplace
  • Fenced Yard
  • High Speed Internet

About This Home

Take advantage of this rare investment opportunity of two duplexes right next to each other, fully rented ensuring immediate rental income. One duplex has been fully updated, while the other one is in great condition, each featuring durable vinyl windows. All four units boast similar wood beam ceilings, adding character and charm to the living spaces. Each unity comes with a one-car garage, complete with washer & dryer hookups for added tenant convenience. Owner pays garbage & tenant pays their utilities.

Listing Agent

Janel Hoffmann

JMG JASON MITCHELL GROUP License #200409197

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,635

Year Built

  • Built in 1965

Lot Details

  • 0.35 Acre Lot
  • Fenced Yard

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Metal Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 3,120 Sq Ft Home
  • Family Room with Fireplace
  • Dining Area
  • Territorial Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Lafayette Elementary School
  • Calapooia Middle School
  • South Albany High School

Utilities

  • Zoned Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Tenants personal property
  • Tax Lot 2

Community Details

Overview

  • 4 Units
  • Morning Side Tracts Subdivision

Building Details

  • Trash Expense $1,056

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,635

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: Take advantage of this rare investment opportunity of two duplexes right next to each other, fully rented ensuring immediate rental income. One duplex has been fully updated, while the other one is in great condition, each featuring durable vinyl windows. All four units boast similar wood beam ceilings, adding character and charm to the living spaces. Each unity comes with a one-car garage, complete with washer & dryer hookups for added tenant convenience. Owner pays garbage & tenant pays their utilities.
  • Cross Street: 24th
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Exclusions: Tenants personal property
  • Fireplace: Family Room
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup
  • Price Per Sq Ft: 272.44
  • Price Per Sq Ft: 272.44

Exterior Features

  • Exterior Color: Brown/Grey
  • Fenced Yard: Yes
  • Foundation: Slab
  • Roof: Composition, Metal Or Aluminum
  • Siding: Wood
  • Siding Style: T111
  • View: Territorial

Utilities

  • Heating: Zonal
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Garbage: 1056
  • Sewer: City

Schools

  • Elementary School: Lafayette
  • Middle School: Calapooia
  • High School: South Albany

Lot Info

  • Acres: 0.35
  • Estimated Lot Sq Ft: 15246
  • Lot: 2
  • Price Per Acre: 2428571.43
  • Zoning: RM
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 24/25
  • Tax Account Number: 0115143 & 0115135
  • Tax Amount: 6635

Multi Family

  • Number Of Units: 4

MLS Schools

  • HighSchool: South Albany
  • Middle School: Calapooia
  • Elementary School: Lafayette

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 For Sale $850,000 -- $272 / Sq Ft
Source: Willamette Valley MLS

Similar Homes in Albany, OR

  • 2893 Raleigh Ct SE, Albany, OR 97322

    $850,000

    • 6 Beds
    • 6 Baths
    • 3,400 Sq Ft
    • 2893 Raleigh Ct SE
    • Albany, OR

    Discover this exceptional opportunity featuring beautifully constructed, newer duplex units, built in 2022. Offering thoughtful design, high-quality finishes, and desirable amenities, this property is ideal for both investors and owner-occupants.Spanning a total of 3,400 square feet, each unit provides spacious living areas with 3 bedrooms, 2 bathrooms, and high ceilings. The stylish interiors

    Dallas France MORE REALTY

    Section Image
  • 1227 NE Water Ave, Albany, OR 97321

    $745,000

    • 8 Beds
    • 4 Baths
    • 3,496 Sq Ft
    • 1227 NE Water Ave
    • Albany, OR

    Accepted Offer with Contingencies. Don't miss out on this incredible investment opportunity! This fourplex is centrally located in the heart of Albany. BRAND NEW ROOF! NEW electrical panels in each unit. Three units are currently occupied by reliable tenants, while the newly renovated unit 1229 is available for a buyer who may wish to occupy the property. There are excellent loan products

    Joel Bumgarner REDFIN

    Section Image

Source: Willamette Valley MLS

MLS Number: 828114

Willamette Valley MLS