Great income property! Conveniently located 4-plex with long term tenants. featuring updated units exterior paint, new lifetime metal roof. Property has off street parking. Basement set up for coin-op laundry on its own meter. Buyer to due their own due diligence on other possible uses. 3 units on 1 year leases 1 unit on month to month.
Accepted Offer with Contingencies. Four plex located in Central Salem. Near schools, businesses, parks, Willamette University, restaurants and more. Add this property to your investment portfolio. Three of the four units are leased with the fourth being held vacant for showings. Turn key property with upgrades such as counters, flooring, appliances and paint. Onsite laundry, garage parking for each unit with guest parking. Upper units feature a private balcony and lower units feature fenced/private backyard space.
Excellent solid investment 6-plex in the heart of Salem. Central location. 6 units all rented on month to month. No deferred maintenance. Newer electrical, plumbing, water lines, and appliances. Roof in excellent condition. Units have ceiling fans, hardwood floors. Some units recently remodeled. The property was awarded Most Improved Property of the year in the Salem area. Seller will also offer to carry financing, with 20-25% down, at 4% interest only for 5 years. With a cash offer, Seller will do a 1031 Exchange. Coin-op laundry provides extra income.Annual gross income $67,920. Annual Expenses $15,432 (23% of AG) 4.8 CAP. Access to property only with an accepted offer.
Located in a great neighborhood for shopping, restaurants and other activities with the Oregon State Fairgrounds close by. Two 3 bedroom 2 bath units with easy access to I-5. New roof in January of 2025. Pictures of unit 2572 prior to tenants moving in. Please do not disturb Tenants. Showings with accepted offer only. Showings must adhere to Oregon State Landlord Tenant law.
Delightful one level duplex in Southeast Salem, perfect for first-time homebuyers or savvy investors. Each unit features 3 bedrooms and 2 bathrooms, offering a modernized kitchen with stainless steel appliances. The primary bedroom includes a spacious walk-in closet and a sliding glass door leading to the back patio. Freshly painted throughout, this property provides an excellent opportunity for personal use or rental income.
Accepted Offer with Contingencies. Investor Alert! 2 single level detached homes on one lot. Increased opportunity for high return of investment by increasing rents. Also, consider an affordable dual-living situation in a central location or own one home and rent out the other. Each unit is 2 beds and 1 baths. Each have own laundry room, Gas Forced Air heating. Long Term Tenants with great rental history. Rents are way below market rent values with potential to increase return on investment. For more information please contact Brian and Nina White at 503-851-1645 or [email protected]
Great value on this well maintained duplex. This charming duplex offers a functional layout and convenience location close to bus line and distance to downtown Salem. With two units, each featuring 2 bedrooms and 1 bathroom complete with a tub-shower combo, this property promises cozy living space for tenants. The adjacent duplex is also listed for Sale.
Great value on this well maintained duplex. This charming duplex offers a functional layout and convenience location close to bus line and distance to downtown Salem. With two units, each featuring 2 bedrooms and 1 bathroom complete with a tub-shower combo, this property promises cozy living space for tenants. The adjacent duplex is also listed for Sale
Professionally managed, fully leased three 2-bedroom units and one 1-bedroom unit. Tenants play all utilities except for water and sewer. Units have washer and dryer hook-ups. Large sized lot provides for an opportunity to build additional units.
Unique home duplex on a large corner lot w/two driveways, two car garage w/parking & 4 car carport and street parking. Two separate yards for both units w/possible RV parking as well. Complete interior/exterior remodel includes, new paint, roof on home, gutters, doors, windows, flooring throughout, kitchen countertops, sinks, vanities & more. 2808 is the larger unit w/ample room, family room, living room, laundry room, storage and along w/2 car garage. 2806 is a smaller unit w/hookup for stackable W&D w/parking streetside or in carport. Great location in Salem close to state fairgrounds & downtown attractions and colleges. Zoning allows 4 units on the big lot. Great investment Opportunity!
Unique home duplex on a large corner lot w/two driveways, two car garage w/parking & 4 car carport and street parking. Two separate yards for both units w/possible RV parking as well. Complete interior/exterior remodel includes, new paint, roof on home, gutters, doors, windows, flooring throughout, kitchen countertops, sinks, vanities & more. 2808 is the larger unit w/ample room, family room, living room, laundry room, storage and along w/2 car garage. 2806 is a smaller unit w/hookup for stackable W&D w/parking streetside or in carport. Great location in Salem close to state fairgrounds & downtown attractions and colleges. Zoning allows 4 units on the big lot. Great investment Opportunity!
665 Norway is a 1936 Cottage with 2 bdrms 1 bath. Fully applianced kitchen; wood floors, FA Gas; newer roof and freshly painted exterior. Fenced yard. Recently rented for $1450 per month. 655 is a converted single garage to a 1 bdrm 1 bath unit - Recently rented for $950 per month.Close to transportation; Grant Elementary School. Refer to RES listing WVMLS# 821056
TWO HOUSES on one lot! Opportunity is knocking! This property can be an investment or a dual living situation. Two detached homes on one oversized lot in North Salem. House A has 3 bedrooms and 2 baths in 1792 sqft with an attached garage. House B has 2 bedrooms and 1 bath in 900 sqft with a carport. Both homes have fenced yards. Currently tenant occupied with rents at $1900 & $900. Possibly split lot and make separate homes or keep as one. Refer to #815961
INVESTMENT OPPORTUNITY SOUTH SALEM!! 1970 single-story duplex, each side is 912sqft with 2bd/1ba and has alley access to the carport. Rents are $1,140/each side with a lot of upside and room to increase. Each unit has it's own electrical meter. Owner pays water, sewer & garbage. Tenants on month-to-month rental contracts over 1-year. Seller open to carrying a small portion of land sales contract if needed. Buyer to assume current tenants PLEASE DO NOT DISTURB!
Historic Bishop Building in Downtown Salem. Mixed use Apartments and Retail. Arguably the most high-end apartment's in downtown area. Each 2 Bed apartment is a town home and current rents range from $1,700-$2,250/ month and six units have $125 rent increases in March. Quality retail tenants and long term leases. Vacant basement provides additional upside. Please Do Not Disturb Tenants.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: [email protected]).
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.”
The median home value in Salem, OR is $416,742. This is higher than the county median home value of $411,100. The national median home value is $338,100. The average price of homes sold in Salem, OR is $416,742. Approximately 51.91% of Salem homes are owned, compared to 42.65% rented, while 5.44% are vacant. Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salem real estate agent to arrange a tour today!
Salem, Oregon 97301 has a population of 174,193. Salem 97301 is more family-centric than the surrounding county with 31.65% of the households containing married families with children. The county average for households married with children is 31.19%.
The median household income in Salem, Oregon 97301 is $62,185. The median household income for the surrounding county is $64,880 compared to the national median of $69,021. The median age of people living in Salem 97301 is 35.7 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 34.8 degrees. The average rainfall is approximately 44.9 inches per year, with 3.9 inches of snow per year.