Salem OR Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- 2,274
- Status:
- NEW LISTING
- Beds:
- 6
- Lot size:
- 0.16 Acres
- Year built:
- 1976
- Baths:
- 2.00
- MLS#:
- 823537
- Subdivision:
- Santana Village Ph 4
ADDITIONAL INFORMATION
Do not disturbing tenants. Showings will be arranged once an offer has been accepted. Roof was replaced in 2020, and the property is equipped with dual-pane windows. Unit 4796 was remodeled in 2020, featuring vinyl plank flooring, updates to both the kitchen and bathroom, as well as a Mini/split air conditioner, refrigerator, and washer and dryer. Great income producing opportunity, all offers welcome!
$920,000
6280 Cottonwood NE Salem, OR 97317
- Type:
- Other
- Sq.Ft.:
- 4,713
- Status:
- Active
- Beds:
- 12
- Lot size:
- 2.25 Acres
- Year built:
- 1965
- Baths:
- 6.00
- MLS#:
- 822007
- Subdivision:
- PP 2005-91
ADDITIONAL INFORMATION
Accepted Offer with Contingencies. Two separate single-family homes, plus a duplex, all on 2.25 acres. 4-unit investment opportunity, fully rented, with positive cash flow. Each unit has own separate meters. Tenants pay all utilities. Seller pays property taxes & insurance. A great return on your investment. See attached addendum in docs. Buyer to do own due diligence.
Salem Real Estate
The median home value in Salem, OR is $257,000. 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 $257,000. Approximately 63.71% of Salem homes are owned, compared to 31.1% rented, while 5.2% 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 97317 has a population of 16,608. Salem 97317 is less family-centric than the surrounding county with 24% 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 97317 is $62,604. 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 97317 is 34.1 years.
Salem Weather
The average high temperature in July is 80.7 degrees, with an average low temperature in January of 34.7 degrees. The average rainfall is approximately 45.2 inches per year, with 3.9 inches of snow per year.