3,936 SqFt
0.3 Lot Size
1962 Year Built

Turnkey 6-unit multifamily in Salem's Northeast Neighbors district — 100% occupied, fully documented financials. Several units recently refreshed (new flooring, appliances, paint); in-place rents below market with upside as leases turn. 2025 saw heavy one-time capital investment; 2026 shows strong recovery already underway. Directly across from Parrish Middle School and North Salem High School, within a mile of the Oregon State Capitol, Willamette University, Salem Hospital, and Oregon State Hospital — major, stable employment anchors.

Listed by Epique Realty

GALLERY

PROPERTY DETAIL

Key Details

Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3, 936 sqft
Price per Sqft $200
MLS Listing ID 605231333
Year Built 1962
Annual Tax Amount $4,818
Lot Size 0.300 Acres
Location

State OR
County Marion
Community Laundry
Area _176
Zoning RM2
Rooms

Basement Crawl Space
Building

Lot Description Level
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public Water
Level or Stories 2

Interior

Heating Wall Heater
Cooling Wall Unit
Exterior

Community Features Laundry
Roof Type Metal
Garage No
Schools

Elementary Schools Other
Middle Schools Parrish
High Schools North Salem
Others

Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional