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399 S SEQUOIA PKWY Canby, OR 97013
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Key Details
Sold Price $967,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Canby-Needy Ranchettes
MLS Listing ID 733251068
Sold Date 12/15/25
HOA Y/N No
Year Built 1936
Annual Tax Amount $6,553
Tax Year 2024
Lot Size 1.950 Acres
Property Description
A rare investment opportunity in a thriving industrial corridor, this fully occupied property combines residential, commercial, and industrial uses on a prominent hard-corner lot. Currently income-producing with all spaces leased, the site features two rental homes with vintage character—both two-story designs with single full baths and shared gravel driveway access. Long-term tenants provide stability and consistent cash flow.Complementing the residences are versatile commercial improvements, including an office with storage yard, machine shed, 400± SF detached garage, and carport. Four separate power meters and full city service connections provide additional utility and flexibility.Positioned with strong visibility, consistent traffic counts, and proximity to shopping, recreation, and established businesses, this property offers both reliable income and long-term growth potential. Some leases are in place, and all units remain fully occupied. Showings require 48–72 hours' notice. No records will be provided, though a current appraisal will be shared with a signed confidentiality agreement and accepted offer. Please do not disturb tenants.
Location
State OR
County Clackamas
Area _146
Zoning M1
Rooms
Basement Crawl Space, None, Partial Basement
Interior
Heating Forced Air, Heat Pump, Wood Stove
Cooling Heat Pump, None
Exterior
Roof Type Composition,Metal,Other
Garage No
Building
Lot Description Corner Lot, Gated, Level, Trees
Story 2
Foundation Concrete Perimeter, Other, Slab
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Carus
Middle Schools Baker Prairie
High Schools Canby
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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