1570 JAMES ST, Woodburn, OR 97071
- $4,850,000
- List Price
- $4,850,000
- Days on Market
- 53
- MLS#
- 229235186
- Property Type
- Multifamily
- Lot Size
- 1 to 2.99 Acres
- Region
- Marion Co: Except Salem and Keizer
- Status
- ACTIVE
Property Description
Willamette Pointe Apartments presents a rare opportunity to acquire a fully stabilized, 24-unit apartment community in the heart of Oregon's I-5 Corridor. Comprised of six two-story buildings on 1.27 acres, the property was built in 1970 and extensively renovated in 2018 — including updated interiors, roofing, and exterior improvements — offering the operational profile of a modern asset at a compelling basis well below replacement cost. All 24 units are identically configured as two-bedroom, one-and-a-half-bath floor plans of 931 SF, providing management simplicity and broad tenant appeal. Located in Woodburn, Oregon — midway between Portland (30 miles) and Salem (20 miles) — the property benefits from a dual-metro employment base and an established renter population. In-place rents average $1,737 per unit.
/u.realgeeks.media/smiragroup/logo-icon-lg.png){kind=icon}
Additional Information
- Tax Amount
- $28,124
- Year Built
- 1970
- High School
- Woodburn
- Elementary School
- Washington
- Middle School
- French Prairie
- Acres
- 1.27
- Stories
- 2
- Terms
- Call Listing Agent, Cash, Conventional
- Cooling Description
- Window Unit(s)
- Fuel Description
- Electricity
- Heating Description
- Wall Heater
- Hoa Rent Includes
- Maintenance Grounds, Trash Collection
- Hot Water Description
- Electricity
- Exterior Description
- Cement Siding, Lap Siding
- Sewer Description
- Public Sewer
- Number Of Units Total
- 24
- Unit Type One Baths Total
- 2
- Unit Type One Beds Total
- 2
- Unit Type One Rent
- 1737
- Unit Type One Sq Ft
- 931
- Unit Type One Units Total
- 24
Mortgage Calculator
Listing courtesy of Constant Commercial Real Estate Inc.
The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.