2240 Water Ave NE
Albany, OR 97321
Google MapsLocal pulse
Water Ave NE sits in a residential pocket of Albany, Oregon, with Waverly Elementary just a couple of minutes on foot from the lot. Memorial Middle School and West Albany High School are both a short drive away. Albany's downtown core and the Willamette River are close enough to make the location genuinely convenient for future residents of whatever goes here.
Listed at
$75,000
Neighborhood intelligence
Local context
Water Ave NE sits in a residential pocket of Albany, Oregon, with Waverly Elementary just a couple of minutes on foot from the lot. Memorial Middle School and West Albany High School are both a short drive away. Albany's downtown core and the Willamette River are close enough to make the location genuinely convenient for future residents of whatever goes here.
Restaurants and places nearby
Schools nearby
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About the home
Just over a third of an acre on Water Ave NE, this lot comes with groundwork already done. A proposed partition into two parcels is in place, and building and civil drawings are available for two distinct two-story apartment configurations — eight units total, each ranging from roughly 845 to 1,020 square feet.
The zoning opens the door to middle housing, multifamily, single-family, or manufactured home development. That flexibility is rare at this price point, and the drawings mean a builder can move quickly rather than starting from scratch.
Features
Run the numbers
Estimated monthly
$453