Salem OR Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- 2,369
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.16 Acres
- Year built:
- 2003
- Baths:
- 5.00
- MLS#:
- 817673
- Subdivision:
- Promenade Estates Ph 1
ADDITIONAL INFORMATION
Accepted Offer with Contingencies. Fully fenced with new fence in 2022. Dishwasher in 3 bdrm side 2023. Disposal in 2 bdrm side 2023. Forced air, gas furnace with central AC. Laundry room in each side. Easy access to I-5, shopping & Chavez Elementary School. Interior inspection upon accepted offer.
$449,900
536 17th (-538) SE Salem, OR 97301
- 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!
$399,900
1910 20th (-1912) NE Salem, OR 97301
- 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
$16,000,000
2505 WALLACE Rd Unit 2505 Salem, OR 97304
- Type:
- Multi-Family
- Sq.Ft.:
- 194,800
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.64 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- 24492370
View additional info
Courtesy: Real Broker
503-360-1640
ADDITIONAL INFORMATION
Oppurtunity to purchase and take over the development/completion of a 216-unit apartment complex project.Located in the expanding community of West Salem. Plans and permits for 3-story multiplex complete with fitness center, resident pool & clubhouse, walking trail/green space and on-site management office. Property will be delivered in current state with approx 65% horizontal completed. Development is located off Wallace Rd, adjacent to phase 1 (completed) and neighboring retail development which includes a small shopping center, food truck pod and pavilion. Developer is willing to complete project for negotiated developer fees after purchase. Inquire with co broker.
$16,000,000
2499 Wallace (-2539) NW Salem, OR 97304
- Type:
- Multi-Family
- Sq.Ft.:
- 341,102
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 8 Acres
- Year built:
- 2023
- Baths:
- 255.00
- MLS#:
- 816906
- Subdivision:
- Riverbend Apartments Ph 2
ADDITIONAL INFORMATION
Opportunity to purchase & take over the development/completion of 201-unit apartment complex project. Located in expanding community of West Salem. Plans & permits for 3-story multiplex complete w/fitness center, pool & clubhouse, walking trail/green space & on-site management office. Adjacent to neighboring small shopping center, food pods & pavilion. Property will be delivered in current state with approx 65% horizontal completed. West Salem is a reliably expanding community, with 190,963 residents within a five-mile radius and a projected population of 202,097 by 2026.
- Type:
- Multi-Family
- Sq.Ft.:
- 3,591
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.31 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- 24172729
View additional info
Courtesy: HomeSmart Realty Group
971-599-5865
ADDITIONAL INFORMATION
Amazing investment opportunity in Salem!Fully rented with good tenants on this 4-plex investment!Conveniently located near shops, college, and bus lines!New roof in 2019 and exterior touch ups! New coin operated laundry installed onsite for extra revenue. Below market rents! Great %5.67 cap rate on this investment and pro forma %7.19 w/ plenty of value to take it to the next level!
$1,199,000
760 Church NE Salem, OR 97301
- 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.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1968
- Baths:
- MLS#:
- 24153382
- Subdivision:
- Hayesville Subdivision Additio
View additional info
Courtesy: John L. Scott Salem
503-585-0100
ADDITIONAL INFORMATION
Cul de sac location, freshly painted on the exterior. Long term tenants, rents going up May 1 to posted amounts. Tenants pay all utilities, water, sewer and garbage. Units come with a wood burning fire place. Tenants very easy to work with and would like to stay. Easy access to I-5 and lots of shopping. New roof installed 6/24/24.
$399,000
3522 Ibis (-3532) NE Salem, OR 97305
- Type:
- Duplex
- Sq.Ft.:
- 2,010
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.2 Acres
- Year built:
- 1968
- Baths:
- 2.00
- MLS#:
- 814727
- Subdivision:
- Hayesville Subdivision Ad
ADDITIONAL INFORMATION
Cul de sac location, freshly painted on the exterior. Long term tenants, rents raised 5/1. Tenants pay all utilities, water, sewer and garbage. Units come with a wood burning fire place. Tenants very easy to work with and would like to stay. Easy access to I-5 and lots of shopping. new roof put on 6/24/24.
- Type:
- Other
- Sq.Ft.:
- 3,591
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.31 Acres
- Year built:
- 1964
- Baths:
- 4.00
- MLS#:
- 814071
ADDITIONAL INFORMATION
Back on Market! Amazing investment opportunity in Salem! Fully rented with good tenants on this 4-plex investment! Conveniently located near shops, college, and bus lines! New roof in 2019 and exterior touch ups! New coin operated laundry installed onsite for extra revenue. Great cap rate of %6.384 on this investment and pro forma %7.19 with plenty of value to take it to the next level!
- Type:
- Duplex
- Sq.Ft.:
- 2,806
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.63 Acres
- Baths:
- 2.00
- MLS#:
- 812911
ADDITIONAL INFORMATION
Prime redevelopment opportunity in West Salem with owner carry option! Potential for a variety of uses, including multi-family housing, apartments, office space, retail shops, cafes & restaurants. 3 contiguous parcels totaling around .60 acres. Located within the W. Salem Central Business is already zoned for commercial & mixed-use developments. Existing structures (residential homes, a pole building) could either be leveraged in the redevel plans or potentially cleared for a fresh start. See also 812853
$2,999,995
4125 Market NE Salem, OR 97301
- 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
Salem Real Estate
The median home value in Salem, OR is $429,000. 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 $429,000. 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 has a population of 174,193. Salem is more family-centric than the surrounding county with 31.31% 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 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 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.