E
Seller's Agent in 2025
Ellen Bick
CORE, Realtors
(503) 481-0825
1 in this area
35 Total Sales
1710 Capitol St NE Salem, OR 97301
Grant Neighborhood
9
Beds
6
Baths
4,800
Sq Ft
3,484
Sq Ft Lot Lot
Highlights
- Landscaped
- Level Lot
- Heating System Mounted To A Wall or Window
- Laundry Facilities
About This Home
As of July 2025Seller Financing: 10% down; 4% I/O for 7 years. Excellent solid investment 6-plex in the heart of Salem. Central location. 6 units all rented on month to month. No deferred maintenance. Newer electrical, plumbing, water lines, and appliances. Roof in excellent condition. Units have ceiling fans, hardwood floors. Some units recently remodeled. The property was awarded Most Improved Property of the year in the Salem area. With a cash offer, Seller will do a 1031 Exchange. Coin-op laundry provides extra income.Annual gross income $64,920. Annual Expenses $15,432 (23% of AG) 5.2 CAP. Access to property only with an accepted offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,713
Year Built
- Built in 1930 | Remodeled
Lot Details
- 3,484 Sq Ft Lot
- Landscaped
- Level Lot
Parking
- On-Street Parking
Home Design
- Composition Roof
- Stucco Exterior
- Concrete Perimeter Foundation
Interior Spaces
- 4,800 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
- Security Lights
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Schools
- Grant Elementary School
- Parrish Middle School
- North Salem High School
Utilities
- No Cooling
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Listing and Financial Details
- Rent includes sewer, trashcollection, water
- Assessor Parcel Number 584791
Community Details
Building Details
- Operating Expense $15,432
- Gross Income $64,920
- Net Operating Income $49,488
Additional Features
- 7 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Sold | $960,000 | 0.0% | $200 / Sq Ft |
| 05/23/2025 05/23/25 | Pending | -- | -- | -- |
| 05/07/2025 05/07/25 | Price Changed | $960,000 | -1.5% | $200 / Sq Ft |
| 04/22/2025 04/22/25 | Price Changed | $975,000 | 0.0% | $203 / Sq Ft |
| 04/22/2025 04/22/25 | For Sale | $975,000 | -2.3% | $203 / Sq Ft |
| 04/09/2025 04/09/25 | Pending | -- | -- | -- |
| 03/21/2025 03/21/25 | Price Changed | $998,000 | -9.3% | $208 / Sq Ft |
| 03/06/2025 03/06/25 | For Sale | $1,100,000 | -- | $229 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,713 | $299,690 | -- | -- |
| 2024 | $5,713 | $290,970 | -- | -- |
| 2023 | $5,545 | $282,500 | $0 | $0 |
| 2022 | $5,228 | $274,280 | $0 | $0 |
| 2021 | $5,079 | $266,300 | $0 | $0 |
| 2020 | $4,931 | $258,550 | $0 | $0 |
| 2019 | $4,757 | $251,020 | $0 | $0 |
| 2018 | $4,841 | $0 | $0 | $0 |
| 2017 | $4,370 | $0 | $0 | $0 |
| 2016 | $4,162 | $0 | $0 | $0 |
| 2015 | $4,193 | $0 | $0 | $0 |
| 2014 | $4,058 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ellen Bick
-
OR and WA Non Rmls
O
Buyer's Agent in 2025
OR and WA Non Rmls
Non Rmls Broker
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 695518904
APN: 073W23BA06600
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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