540 3rd Ave SE, Albany, OR 97321
Property image
Property image
OFF MARKET

540 3rd Ave SE
Albany, OR 97321

  • 2 Beds
  • 2 Baths
  • 1,020 sqft

$253,200

Trulia Estimate
as of Jul 10, 2026
Est. Refi. Payment $1,510/mo*
Refinance Your Home

$253,200

Trulia Estimate
as of Jul 10, 2026
Est. Refi. Payment $1,510/mo*
Refinance Your Home
2 Beds
2 Baths
1,020 sqft

Local Information

  • Map ViewExplore the area around 540 3rd Ave SE.
  • Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

WINTER RENTAL SPECIAL- $1195.00 for first 90 days,then rent will increase to $1,350.00 with a mandatory 15 month lease. Special expires Feb 15th Check out the charm of this 2 bedroom 2 bath home located in downtown Albany. The kitchen comes with a refrigerator. The laundry room is also very generously-sized with lots of room for storage. This homes exterior was updated in 2018 and also received new paint. DEPOSITS & FEES: Application Fees: $50 per adult, 18 yrs and older; Co-signer: $50 Security Deposit: 1.5x monthly rent (minimum upon approved credit) Cleaning Deposit: $500 Carpet/Floor Fee: $500 (non-refundable) Additional deposits: $350 for small animal, $450 for med animal, $550 for large animal In order for your application to be processed, you must submit the following: COMPLETED applications for EACH applicant 18+ yrs. old, whom will be living in the household (this is non-negotiable. Failure to submit an application for EACH adult listed in the household will result in denial) Copy of Photo ID Copy of Social security card or equivalent Two most recent pay stubs or bank statement showing direct deposit (to verify your income); OR Financial aid statements (if applicable, to verify your income); OR Tax information (if you are self-employed); OR Current Section 8 voucher and voucher worksheet (if applicable) NOTICE: Any applications missing any of the above requirements will be denied. All application fees are non-refundable. Pet Policy:
Cats allowed
Small dogs allowed Rental Terms: One-year lease. Disclaimer: The information contained herein was compiled from data furnished by the property owner and/or other sources deemed reliable; however, accuracy is not guaranteed.

WINTER RENTAL SPECIAL- $1195.00 for first 90 days,then rent will increase to $1,350.00 with a mandatory 15 month lease. Special expires Feb 15th
540 3rd Ave SE, Albany, OR 97321 is a 2 bedroom, 2 bathroom, 1,020 sqft single-family home built in 1906. More recently, it was listed as a rental in January 2020 with an asking price of $1,300 per month. That rental listing was removed on February 15, 2020. It is currently off market. The Trulia Estimate is $253,200, with a rent estimate of $1,705/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 540 3rd Ave SE

Interior Features

Heating & Cooling
Heating: WallHeating Fuel: Wall
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 3
Appliances & Utilities
DryerWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: Other, Wood
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1906
Property Type / Style
Property Type: Single Family HomeArchitecture: cottage

Community

Units in Building: 1

Lot Information

Lot Area: 3484 sqft

Price History for 540 3rd Ave SE

DatePriceEventSource
02/15/2020$1,195ListingRemovedAgent Provided
01/31/2020$1,195PriceChange
Agent Provided
01/23/2020$1,300Listed For RentAgent Provided

Market trends in Albany

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$428K
$6.15KMoM
Sale-to-List Price
99.5%
Price per sq ft
$282
$4MoM
Available listings
204
10MoM
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Property Tax and Assessment

Year2024
Tax$2,436
Assessment$244,580
Home facts updated by county records

Comparable Sales for 540 3rd Ave SE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
432 Jefferson St SE, Albany, OR
0.09
Single-Family Home
$325,000
06/05/26
2
2
1,146
324 Jefferson St SE, Albany, OR
0.01
Single-Family Home
$385,000
09/19/25
3
2.5
1,788
116 Jefferson St SE, Albany, OR
0.10
Single-Family Home
$349,000
08/27/25
3
1
900
1126 6th Ave SE, Albany, OR
0.40
Single-Family Home
$305,000
06/18/26
2
1
1,080
935 1st Ave E, Albany, OR
0.29
Single-Family Home
$405,000
08/15/25
3
3
1,502
220 7th Ave SE, Albany, OR
0.45
Single-Family Home
$329,000
03/19/26
3
1.5
1,450
1229 Washington St SW, Albany, OR
0.74
Single-Family Home
$365,000
03/27/26
2
2
1,040
1421 Jefferson St SE, Albany, OR
0.64
Single-Family Home
$375,000
06/30/26
3
2
1,040
935 1st Ave SE, Albany, OR
0.26
Single-Family Home
$405,000
08/15/25
3
3
1,971
1317 Salem Ave SE, Albany, OR
0.48
Single-Family Home
$180,000
09/05/25
3
1
1,077

Nearby homes

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Assigned Schools

These are the assigned schools for 540 3rd Ave SE.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Albany

At least 304 Trulia users voted on each feature.

  • 86 % Say it's dog friendly

  • 83 % Say car is needed

  • 81 % Say parking is easy

  • 77 % Say yards are well-kept

  • 77 % Say there are sidewalks

  • 75 % Say there's holiday spirit

  • 68 % Say kids play outside

  • 57 % Say it's quiet

  • 57 % Say people would walk alone at night

  • 54 % Say neighbors are friendly

  • 52 % Say streets are well-lit

  • 46 % Say it's walkable to restaurants

  • 44 % Say they plan to stay for at least 5 years

  • 43 % Say it's walkable to grocery stores

  • 37 % Say there's wildlife

  • 23 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Darla Luther
    "Five minutes to grocery, gas and shopping. Close to schools and one block from county park. Ten minutes to work."
    0
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  • Darla Luther
    "Great balance of young families and older, empty nesters. Playgrounds and great variety of home in the area. Pretty much all of the homes and yards are well cared for my area."
    0
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  • Chris Craig
    "We have many free live music events in the parks. There’s a wine walk downtown in the spring where many Oregon wineries provide tastings "
    0
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  • Michael Allen
    "View of Mt. Jefferson and Three Sisters from our front deck. Qualit construction of a 1960’s era MCM home. Mature trees all around the home. "
    0
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  • Darla Luther
    "It’s a short drive down the hill to the local schools, stores and restuarants (5 minutes). Two more minutes and you’re right downtown!"
    0
    Flag
  • Kimberly Sarter
    "Dogs are welcome. And there are dog walkers everywhere ….. dogs are also always leashes and owners Are responsible and pick up after there pets "
    1
    Flag
  • Darla Luther
    "Beautiful hillside living, but with level lots right next to a county park. Underground utilities, quiet, yet close to town. Near bus transit. My neighborhood has several properties with large shops and RV parking. "
    0
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  • Peter M Felix
    "Highly sought after and in demand with premium custom homes in a neighborhood that is beautiful and quiet. "
    0
    Flag
  • Kimberly Sarter
    "Real sense of belonging. Neighbors are always looking to lend a hand. Whether it’s a dead car battery or lost dogs, neighbors from all ages, genders, will come help!"
    1
    Flag
  • Trulia User
    "I-5 is just a short distance away and has easy access to north and south bound. Hey 99 is also easily accessible. and hwy 34 is an approx. 10 min. drive to access."
    0
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  • Trulia User
    "great family neighborhood community periwinkle elementary school is one of the best for kids .love living here "
    0
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  • Tami w.
    "I hate living in albany it smells in the historic district and the train is horrible at night when your sleeping. We had to move after 5 months. "
    2
    Flag
  • Trulia User
    "there are a lot of dogs in this area. main roads have lights and sidewalks but they are lacking on the side streets. close parks "
    1
    Flag
  • Trulia User
    "there are nice parks less than 1 mile away. people drive way too fast through the neighborhoods so we've always been worried about our kids playing out front our riding their bikes - especially without sidewalks in our neighborhood. transients and people being released from jail walk our street daily. we've had several items stolen from our vehicles. neighbors are friendly, mostly families. "
    0
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  • Trulia User
    "there aren't enough streetlights in this area to walk your dog at night. sidewalks are hit or miss and not well maintained. I see several people walking their dogs daily though and there are nearby parks."
    2
    Flag
  • Trulia User
    "Nice mix of young, old, conservative, liberal, independent, et. There’ll be at least one person to get along with."
    3
    Flag
  • Trulia User
    "I haven’t seen any dogs loose or running around. The school fields are close by. There are sidewalks. "
    0
    Flag
  • Julene T.
    "Great place to raise kids. Schools are good and community really supports everyone. I believe it is a safe place to ride bikes and visit the local parks. Love the river and the downtown shopping area. We also have a carousel that the kids love to ride. The train depot offers tickets north and south to visit Seattle to Los Angeles . It is the best place to live."
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  • Tunneljak
    "My neighborhood is fairly new and quite large and is surrounded by other neighborhoods of various ages which adds character and variety. A neighborhood grocery just went in and is surrounded by other new and well kept stores and restaurants. "
    0
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  • Mgrace4
    "I have lived in in the area for 3years, most people are friendly. The town has ample shopping. We also have our own carousel."
    0
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  • Kkhdickens
    "Safety conscious people live in this nighborhood. These people are family minded people. The individuals that live in this neighborhood, remain in this neighborhood for an average of 20+ years."
    0
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  • Kkhdickens
    "Easy on ramp to I5 and the appropriate time to downtown Albany! We are close to anything we need!!! If I ever move I would miss my “family on the hill)😢"
    0
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  • Dkclassen
    "Great for families! If you own a dog it’s great for walking. Traffic does drive by way too fast at times. "
    0
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  • Kisstycarrillo.1
    "the area of which I live has great access to malls, stores, and restaurants. I enjoy being 15 min away from most things. "
    0
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  • Denniswilhelm57
    "Our neighborhood is a quiet, family-friendly area. Crime is low, and the school district is one of the best in Albany. "
    0
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  • Swyssschoenborn
    "There are sidewalks and paths to walk your dog. Plus there’s doggie bags and garbage receptacles readily available."
    0
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  • Jenn
    "Small town, but with big town amenities. Up and coming. Near enough to the Capitol and universities. Good schools."
    11
    Flag
  • Happyfeetleft
    "Beautiful and historic homes, great community resources, libraries, pools, parks. Convenient shopping, hospitals, schools,"
    1
    Flag
  • Gary H
    "Few busy streets, friendly neighbors, responsible pet owners. , parks and school grounds to walk, veterinarian in neighborhood."
    2
    Flag
  • Michael L. H.
    "I commute 30 minutes each way in the morning and evening to and from my place of work. It’s not a horrible commute."
    0
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  • David97322
    "Park and river just 2 minutes away! Great park for running your puppy or just walking them down to the river to view nature"
    6
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  • Kathy T.
    "I love my neighborhood. it's quiet and the people are really friendly and great place to raise kids. pet friendly parks and easy to get to trails."
    7
    Flag
  • jennifer s.
    "Albany has a lot of parks, some great schools and a fantastic library. There are many things for families to do outdoors and plenty of kid friendly places to go within an hour of Albany. The beach is just over an hour West of us. As with most of the PNW homelessness is a problem and it's more noticeable because this is a small town. Violent crime is low, property crime is higher and that's directly correlated to the drug problems some Albany residents face. This is a great place for involved parents to raise their kids. Just like everywhere else, as long as you're aware of everything your kids are doing, and who their friends are, and there's open communication, this is a wonderful place to put down roots."
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Explore by feature - Pet Friendly

73 pet-friendly rentals in Albany, OR

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Homes for sale near 540 3rd Ave SE

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Off Market Homes Near 540 3rd Ave SE

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