How does Albany's rental market compare to other Oregon cities?

Albany offers 15–35% lower entry prices than Portland, Eugene, and Salem while maintaining comparable rental yields and appreciation rates. This price-to-rent advantage makes Albany attractive for investors seeking better cash-on-cash returns and portfolio diversification.

What is driving demand for multi-family housing in Albany?

Demand is driven by in-migration from higher-cost Oregon metros, steady employment in healthcare and education, and student housing needs from Linn-Benton Community College. The city's affordability relative to Portland and Eugene continues to attract renters and investors.

How long do multi-family units typically remain on the market in Albany?

Well-priced multi-family properties in Albany average 27–31 days to pending, indicating strong tenant absorption and quick lease-up cycles. This rapid turnover supports efficient portfolio management and minimizes vacancy risk.

Multi Family Investment Properties for Sale in Albany, OR

Property at 1916-1920 SE 16th Ave, Albany, OR

4 Bed
2 Bath
1728 sft

1916-1920 SE 16th Ave, Albany, OR, 97321

Here are some other similar properties you might be interested in:

Property at 3600 Avenue G Space 42, White City, OR

3 Bed
2 Bath
1440 sft

3600 Avenue G Space 42, White City, OR, 97503

Property at (Undisclosed Address), Medford, OR

2 Bed
2 Bath
1536 sft

(Undisclosed Address), Medford, OR, 97501

Property at 8401 Old Stage Rd Unit 56, Central Point, OR

3 Bed
2 Bath
1152 sft

8401 Old Stage Rd Unit 56, Central Point, OR, 97502

Property at 3442 NE Avery St, Newport, OR

3 Bed
2 Bath
1740 sft

3442 NE Avery St, Newport, OR, 97365

3 Bed
1 Bath
1128 sft

312 Avenue A, Seneca, OR, 97873

$ 100,000

ROI

Cash Flow/m

1 Bed
- Bath
- sft

48740 F St, Shaniko, OR, 97057

Property at 300 Se Lacreole Dr. Unit 242 #242, Dallas, OR

3 Bed
2 Bath
1152 sft

300 Se Lacreole Dr. Unit 242 #242, Dallas, OR, 97338

Property at 4250 Douglas Ave, Klamath Falls, OR

2 Bed
1 Bath
856 sft

4250 Douglas Ave, Klamath Falls, OR, 97601

Property at 4722 Wyoming Cir NE, Salem, OR

3 Bed
2 Bath
1188 sft

4722 Wyoming Cir NE, Salem, OR, 97305

Property at 47521 School St, Oakridge, OR

1 Bed
1 Bath
672 sft

47521 School St, Oakridge, OR, 97463

Property at 1415 S Bertelsen Rd SPACE 88, Eugene, OR

3 Bed
2 Bath
1440 sft

1415 S Bertelsen Rd SPACE 88, Eugene, OR, 97402

Property at 277 Edwards Rd S UNIT 145, Monmouth, OR

2 Bed
2 Bath
938 sft

277 Edwards Rd S UNIT 145, Monmouth, OR, 97361

Property at 124 SE Country Side Ln, Winston, OR

3 Bed
2 Bath
1296 sft

124 SE Country Side Ln, Winston, OR, 97496

Property at 211 Ash St, Myrtle Point, OR

1 Bed
1 Bath
720 sft

211 Ash St, Myrtle Point, OR, 97458

Property at 2901 E 2nd St UNIT 77, Newberg, OR

2 Bed
2 Bath
1440 sft

2901 E 2nd St UNIT 77, Newberg, OR, 97132

Property at 520 SW Georgetown Way, Beaverton, OR

4 Bed
2 Bath
1344 sft

520 SW Georgetown Way, Beaverton, OR, 97006

Property at 1250 SE 13th Ave, Ontario, OR

2 Bed
1 Bath
700 sft

1250 SE 13th Ave, Ontario, OR, 97914

Property at 13620 SW Beef Bend Rd UNIT 16, Tigard, OR

4 Bed
2 Bath
1782 sft

13620 SW Beef Bend Rd UNIT 16, Tigard, OR, 97224

2 Bed
1 Bath
650 sft

555 1st St, Elkton, OR, 97436

Property at 1201 SW 28th St UNIT 4, Redmond, OR

2 Bed
2 Bath
924 sft

1201 SW 28th St UNIT 4, Redmond, OR, 97756

Property at 644 Raven Rd, Central Pt, OR

3 Bed
2 Bath
1296 sft

644 Raven Rd, Central Pt, OR, 97502

Property at 633 E Archwood Dr UNIT 131, Eagle Point, OR

3 Bed
2 Bath
1188 sft

633 E Archwood Dr UNIT 131, Eagle Point, OR, 97524

Property at 15765 Highway 101 #8, Brookings, OR

2 Bed
1 Bath
728 sft

15765 Highway 101 #8, Brookings, OR, 97415

Property at 222 Kristi Lee Ln, Roseburg, OR

2 Bed
2 Bath
936 sft

222 Kristi Lee Ln, Roseburg, OR, 97471

Why Invest in Albany, Oregon?

Albany, Oregon presents a compelling opportunity for multi-family real estate investors seeking steady returns in a stabilizing market. The city's somewhat competitive housing landscape, combined with modest price appreciation of 3.5% year-over-year and a median home value around $428,000, creates favorable entry points for portfolio diversification. With rental yields supported by consistent demand and days-on-market averaging 27-31 days, multi-family properties benefit from strong tenant absorption. The region's solid economic base and growing relocating buyer interest position multi-family assets for sustained cash flow and long-term appreciation.

6.8%

Avg. ROI

5.2%

Rental Yield

4.9%

Cap Rate

$1850/mo

Avg. Cash Flow

$1875/mo

Avg. Rent

3.5%

1Y Appreciation

Frequently Asked Questions

Multi-family properties in Albany typically yield cap rates between 4.5–5.5%, reflecting the market's moderate risk profile and steady rental demand. These rates are competitive for the Pacific Northwest region and support consistent cash flow for buy-and-hold investors.

Find Your Perfect Investment Property in Albany, Oregon

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Albany, OR

Fix and Flip Properties in Albany, OR

Short-Term Rental Properties in Albany, OR

Find Properties

By Strategy

By Performance

Loan Products

Tools

Resources

Company

Multi Family Investment Properties for Sale in Albany, OR

Why Invest in Albany, Oregon?

Frequently Asked Questions

What is the typical cap rate for multi-family properties in Albany, Oregon?

How does Albany's rental market compare to other Oregon cities?

What is driving demand for multi-family housing in Albany?

How long do multi-family units typically remain on the market in Albany?

Find Your Perfect Investment Property in Albany, Oregon

Explore by Investment Strategy

Explore by Performance

Explore by Property Type

Explore by Price Range

Popular Cities

Ziffy DSCR Loans for Oregon Investors