Salem OR Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,149
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1956
Baths:
MLS#:
24439552

ADDITIONAL INFORMATION

Opportunity knocks! Great looking fourplex where one company leases all four units and PAYS ALL UTILITIES! Well established tenancy record of almost two years. The property is under professional management and the laundry center is available to all tenants. Tens of thousands of dollars in recent upgrades. The seller is in the process of combining the two existing parcels into one to assist in financing. Expected final approval date is January 1. Central location just blocks from the State Capitol, Willamette University, and Salem Hospital. Almost $50k in recent upgrades. List price includes a .06-acre adjacent parcel at 1445 Ferry St. SE. Buyers responsible for their own due diligence. Property is in 500-year flood plain. County says 1956 build, but seller does not guarantee. The structure appears older.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
1937
Baths:
MLS#:
2300814
Subdivision:
Oregon

ADDITIONAL INFORMATION

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.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.21 Acres
Year built:
1952
Baths:
2.50
MLS#:
821322

ADDITIONAL INFORMATION

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!

Type:
Multi-Family
Sq.Ft.:
2,474
Status:
Active
Beds:
n/a
Lot size:
0.21 Acres
Year built:
1952
Baths:
MLS#:
24154154

ADDITIONAL INFORMATION

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!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.19 Acres
Year built:
1901
Baths:
MLS#:
24198739
Subdivision:
Southeast Salem

ADDITIONAL INFORMATION

This charming 6-unit apartment building in Salem, Oregon, presents an excellent investment opportunity with modern amenities and a prime location. Currently at 100% occupancy, the property has recently been upgraded with new sewer lines, a roof replacement, exterior siding, deck reconstruction, and fresh paint. The units feature laminate flooring, central heating, and a variety of floor plans, including 5 one-bedroom/one-bath units and 1 two-bedroom/one-bath unit. Additional features include basement storage and ample parking in a spacious, unpaved area at the rear. Conveniently situated near Aldrich Park, Willamette University, and the Capitol Building, this property offers easy access to a lovely neighborhood.

Type:
Duplex
Sq.Ft.:
1,060
Status:
Active
Beds:
3
Lot size:
0.07 Acres
Year built:
1936
Baths:
2.00
MLS#:
821057
Subdivision:
Boises Sub.

ADDITIONAL INFORMATION

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

Type:
Duplex
Sq.Ft.:
1,620
Status:
Active
Beds:
4
Lot size:
0.15 Acres
Year built:
1946
Baths:
2.00
MLS#:
820931

ADDITIONAL INFORMATION

Accepted Offer with Contingencies. Introducing a rare investment opportunity featuring two detached homes, each with its own address and private, fenced yard. Each unit is 2 bed, 1 bath (900 & 720sq ft each). Nestled in a tranquil neighborhood, this meticulously maintained property offers move-in ready convenience, with thoughtful updates throughout. Newer roofs, siding, and paint. Both units are equipped with gas furnaces, while the front unit boasts a detached single-car garage. Book a tour today! Refer to #820888

Type:
Triplex
Sq.Ft.:
3,744
Status:
Active
Beds:
9
Lot size:
0.22 Acres
Year built:
2001
Baths:
7.50
MLS#:
819038
Subdivision:
Charter Homes

ADDITIONAL INFORMATION

Centrally located 2001 built townhouse style triplex that would be a great addition to your investment portfolio. Each unit has 3 bedrooms, 2.5 baths, 1,248 sq feet and an attached single car garage. Location is close to shopping and freeway access. Interior photos are of the updated unit.

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Lot size:
0.35 Acres
Baths:
MLS#:
818287

ADDITIONAL INFORMATION

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

Type:
Duplex
Sq.Ft.:
1,824
Status:
Active
Beds:
4
Lot size:
0.11 Acres
Year built:
1970
Baths:
2.00
MLS#:
817583
Subdivision:
Capital Park Add

ADDITIONAL INFORMATION

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!

Type:
Duplex
Sq.Ft.:
935
Status:
Active
Beds:
1
Lot size:
0.09 Acres
Year built:
1930
Baths:
MLS#:
817094

ADDITIONAL INFORMATION

Charming home with second home on same lot! Second home is a one bed one bath with 398 sq ft. it is currenting getting an interior remodel set to be finished on 7/1 the larger home is currently rented at 1650 and 1350 for second home. Refer to MLS#817092

Type:
Other
Sq.Ft.:
7,618
Status:
Active
Beds:
12
Lot size:
0.23 Acres
Year built:
1890
Baths:
6.00
MLS#:
815671

ADDITIONAL INFORMATION

Nestled in the heart of Salem, this exquisite 1890 Italian Renaissance house has been thoughtfully converted into a one of a kind fourplex. The property has a fantastic rental history and a very low vacancy rate. Updates include porch rebuilds, brand new vinyl windows throughout, heating systems, roof and downspouts, interior paint. Property is in great condition and right on Mill Creek! Onsite parking included with 7 parking spaces.

Type:
Multi-Family
Sq.Ft.:
10,083
Status:
Active
Beds:
18
Lot size:
0.4 Acres
Year built:
2024
Baths:
10.00
MLS#:
811443

ADDITIONAL INFORMATION

fully occupied new construction Multifamily Opportunity! 10 units zoned RM2 in expanding NE Salem. Units consist of Two 2bed/1bth units 1150sqft, Six 2bed/1bth units 1050sqft, and two 1bed/1bth unit 740sqft. These modern apartments boast a combination of carpet and laminate flooring, providing a contemporary and stylish living space. Each unit comes equipped with essential appliances,including a range, refrigerator, dishwasher, and a washer/dryer hook ups. 8 units fully furnished

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Andrea Conner, License 201225347, Xome Inc., License 201213296, [email protected], 844-400-XOME (9663), 725 S. Main Street, Milton-Freewater, OR 97862


The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings sourced from RMLS™ of Portland Oregon are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright 2024, RMLS of Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Andrea Conner, License # 26653, Xome Inc. License # 19003, [email protected], 844-400-XOME (9663), 108 1st Avenue, 400A, Seattle, WA 98104


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Andrea Conner, License 201225347, Xome Inc., License 201213296, [email protected], 844-400-XOME (9663), 725 S. Main Street, Milton-Freewater, OR 97862


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Salem Real Estate

The median home value in Salem, OR is $399,000. This is lower 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 $399,000. 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.

Salem Weather

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.

Salem Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    163
    30-day change

Salem Schools and Demographics

Education near Salem, OR

Metric City County
High School Graduates 88.4 85.67
College Degree - 2 year 9.42 9.5
College Degree - 4 year 30.04 24.51
Graduate Degree 8.43 6.3
Expenditures per Student 17,073 17,073
Students per Teacher 18.4 18.4

Elementary Schools near Salem, OR

School Grades Students P/T Ratio ZIP
Auburn Elementary School KG - 05 646 20.7 97301
Candalaria Elementary School KG - 05 352 23.2 97302
EYRE Elementary School KG - 05 598 22.2 97301
Grant Community School KG - 05 445 18.5 97301
Hoover Elementary School KG - 05 506 18.9 97301
McKinley Elementary School KG - 05 334 22.3 97302
Morningside Elementary School KG - 05 386 23.1 97302
Richmond Elementary School KG - 05 397 17.9 97301
Salem Heights Elementary School KG - 05 288 23 97302
Schirle Elementary School KG - 05 445 23.2 97302
Swegle Elementary School KG - 05 549 22 97301
Wright Elementary School KG - 05 428 22.6 97302

Middle Schools near Salem, OR

School Grades Students P/T Ratio ZIP
Houck Middle School 06 - 08 972 21 97301
Howard Street Charter School 06 - 08 161 31.2 97302
Jane Goodall Environmental Middle Charter School 06 - 08 97 22 97301
Judson Middle School 06 - 08 932 24.9 97302
Leslie Middle School 06 - 08 767 23.2 97302
Parrish Middle School 06 - 08 670 18.9 97301
Waldo Middle School 06 - 08 926 19.6 97301

High Schools near Salem, OR

School Grades Students P/T Ratio ZIP
North Salem High School 09 - 12 1,846 24.4 97301
Robert S Farrell High School 06 - 12 111 25.6 97310
South Salem High School 09 - 12 1,904 24.4 97302
Sprague High School 09 - 12 1,692 24.5 97302

Ungraded Schools near Salem, OR

School Grades Students P/T Ratio ZIP
* Roberts High School 07 - 12 454 12.6 97301

Demographics near Salem, OR 97301

Metric Zip Code City
Neighborhood Type Suburban
Population 174,193 344,037
Population Density 3,581 291
Median Age 35.7 37
People per Household 2.6 2.8
Median Household Income 62,185 64,880
Average Income per Capita 31,610 30,591