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2325 Marion St SE, Albany, OR 97322 — photograph 1

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2325 Marion St SE, Albany, OR 97322 — photograph 1
3 Beds2 Baths1,597 sqft

2325 Marion St SE, Albany

$600,000

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ActiveMLS®: 739848942Listing held by another brokerage, marked RMLS
Price per sqft
$375.70
Built in
1920
Property size
1,597 sqft
Lot size
21,780 sqft
Property type
Residential
Days on market
3

Overview

Investor opportunity! 1920s-era single-family home offers 3 bedrooms and 2 baths, currently occupied by long-term tenants, providing immediate rental income. Situated on a spacious .50-acre lot with preliminary work completed for a proposed 4-plex and 3-plex, building plans included! Continue its current use while exploring the property’s development potential. Buyer to verify zoning,approved uses,plans,utilities and development feasibility with City of Albany. SEE RMLS#127229564 for option to purchase lots separately.

Details

Interior

Cooling
No
Cooling description
None
Heating
Yes
Heating description
Forced Air

Exterior and lot

Lot size
21,780 sqft
Architectural style
Cottage
Roof
Composition
View
No

Utilities

Sewer
Public Sewer
Water source
Public Water

Parking

Garage spaces
0
Parking
Off Street
Total parking
0

Schools

High school
South Albany
Middle school
Calapooia
Elementary school
Sunrise

Location

City
Albany
County
Linn
Zoning
RS 6.5
Subdivision
Gordon Court

Taxes and dues

Annual taxes
$2,750 (2025)

Location

2325 Marion St SE, Albany, OR 97322

Map showing the location of 2325 Marion St SE, Albany, OR 97322
© Mapbox © OpenStreetMap

Monthly payment estimate

$3,423 /mo

20% · $120,000
7.00%
Principal and interest
$3,193
Property tax (2025)
$229
Total
$3,423

Estimate only, and not an offer of credit. Assumes 20% down ($120,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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