About 1570 James St
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.
Features of 1570 James St
| MLS® # | 229235186 |
|---|---|
| Price | $4,750,000 |
| Bathrooms | 0.00 |
| Acres | 1.27 |
| Year Built | 1970 |
| Type | Multi Family |
| Status | Active |
Community Information
| Address | 1570 James St |
|---|---|
| Area | 170 - Marion Co: Except Salem and Keizer |
| City | Woodburn |
| County | Marion |
| State | OR |
| Zip Code | 97071 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Wall Heater |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Cement Siding, Lap Siding |
|---|---|
| Lot Description | Level |
School Information
| Elementary | Washington |
|---|---|
| Middle | French Prairie |
| High | Woodburn |
Additional Information
| Date Listed | June 5th, 2026 |
|---|---|
| Days on Market | 107 |
| Zoning | RM |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Constant Commercial Real Estate Inc |
|---|---|
| Contact Info | 503-222-0282 |