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Listed by John L. Scott
$ 590,000
Est. payment | /mo
2,525 SqFt
$ 590,000
Est. payment | /mo
2,525 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,525 sqft
Price per Sqft $233
MLS Listing ID 700386141
Year Built 1920
Annual Tax Amount $3,471
Tax Year 2025
Lot Size 0.290 Acres
Property Description
Tons of value in this Salem 4 plex! Two separate buildings - the front building is a nicely converted, classic bungalow, with three units. The back building is a stand-alone 2 bed/1 bath house. Main building features a 2 bedroom/1 bath unit, an upstairs studio, and a 1 bedroom unit at the rear of the home. Stand alone house boasts 2 bedrooms, 1 bath, and enjoys a quiet, private setting. Fully rented! Lots of interior updates in 2021, newer Hardi siding on the front house, tons of parking for tenants and a wonderful central location, close to Willamette University, and all the best of downtown Salem. This is a solid rental with lots of potential!
Location
State OR
County Marion
Community Laundry
Area _173
Zoning rm2
Interior
Heating Baseboard
Cooling None
Exterior
Community Features Laundry
Roof Type Composition
Garage No
Building
Lot Description Flood Zone, Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Bush
Middle Schools Leslie
High Schools South Salem
Others
Acceptable Financing Cash, Conventional, FHA, VALoan
Listing Terms Cash, Conventional, FHA, VALoan
Nearby Locations
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Sarah Boylan, MBA
Licensed Real Estate Broker