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Listed by Constant Commercial Real Estate Inc, Cory Carlson. 503-222-0282

MLS Source logo

1570 JAMES STWoodburn, OR 97071

Active
$4,850,000
0 Square Feet

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.


FACTS & FEATURES

  • Property Type:
    MultiFamily
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  • Lot Size:
    1.27 Acres
  • Lot Description:
  • Stories:
    2
  • Year Built:
    1970
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  • Area:
    _170
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  • Schools:
    High School(s): Woodburn
    Middle School(s): French Prairie
    Elementary School(s): Washington
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    WallHeater
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    WindowUnit
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LOCATION


REQUEST INFORMATION

Listing Office: Constant Commercial Real Estate Inc. Listing Agent: Cory Carlson. Listing ID: 229235186

Last Updated June 5, 2026 7:52 AM
Data last checked against RMLS on June 14, 2026 12:53 AM

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