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Listed by eXp Realty, LLC • 503-577-8853
$ 625,000
Est. payment | /mo
2,282 SqFt
$ 625,000
Est. payment | /mo
2,282 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,282 sqft
Price per Sqft $273
MLS Listing ID 245194097
Year Built 1925
Annual Tax Amount $3,376
Tax Year 2024
Lot Size 5,662 Sqft
Property Description
4 plex investor opportunity in central Salem with potential to assume FHA mortgage at 2.75%! This detached 4-plex offers four 1-bedroom, 1-bath units—each with its own private entrance, electric meter, and water heater. The original home was extensively remodeled and partially rebuilt in 1990–91, blending character with modern updates. Recent improvements include a newer roof (approx. 5–10 years old), updated water heaters, new flooring, and ongoing maintenance that shows pride of ownership.
Location
State OR
County Marion
Community Commons, Laundry
Area _174
Zoning RM2
Interior
Heating Wall Heater
Cooling None
Exterior
Community Features Commons, Laundry
Roof Type Composition
Garage No
Building
Lot Description Commons, Level, Public Road
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Schools
Elementary Schools Richmond
Middle Schools Leslie
High Schools South Salem
Others
Acceptable Financing Assumable, Cash, Conventional, FHA, VALoan
Listing Terms Assumable, Cash, Conventional, FHA, VALoan
