$1,100,000

2005 Summer St SE Unit 2045 Salem, OR 97302

South Central Neighborhood

Estimated payment $6,231/month

Total Views 5,914
6 Beds
5 Baths
5,784 Sq Ft
$190 Price per Sq Ft

Highlights

  • Board and Batten Siding
  • Dining Area
  • Heating Available
  • High Speed Internet
  • Vinyl Flooring

About This Home

Incredible investment opportunity! This 5-unit multi-family property features low taxes and minimal operating expenses. A 6th unit conversion is currently underway—permits in progress—offering added future rental income. Strong rental history and easy-to-maintain layout. Don’t miss the upside potential!

Listing Agent

NOELLE PHILLIPS

JMG JASON MITCHELL GROUP-ALBANY License #201241259 Listed on: 07/28/2025

Co-Listing Agent

Ash Sidhu

JMG JASON MITCHELL GROUP-ALBANY License #201257346

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,339

Year Built

  • Built in 1972

Lot Details

  • 9,148 Sq Ft Lot

Home Design

  • Metal Roof
  • Board and Batten Siding

Interior Spaces

  • 5,784 Sq Ft Home
  • Dining Area
  • Vinyl Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 5 Units

Listing and Financial Details

  • Legal Lot and Block 11700 / 2005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,339

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Multi- (5+)
  • Range Facility: Electric
  • Syndicated Remarks: Incredible investment opportunity! This 5-unit multi-family property features low taxes and minimal operating expenses. A 6th unit conversion is currently underway—permits in progress—offering added future rental income. Strong rental history and easy-to-maintain layout. Don’t miss the upside potential!
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Disposal: Yes
  • Flooring: Vinyl
  • Total Bathrooms: 5
  • Total Bedrooms: 6
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup

Exterior Features

  • Roof: Metal Or Aluminum
  • Siding: Fiber Cement
  • Siding Style: Board & Batt

Utilities

  • Heating: Electric, Ductless/Mini-Split
  • High Speed Comm Access: Available
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Acres: 0.21
  • Lot: 11700
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Amount: 5339

Multi Family

  • Number Of Units: 5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2025 07/28/25 For Sale $1,100,000 -- $190 / Sq Ft
Source: Willamette Valley MLS

Source: Willamette Valley MLS

MLS Number: 831985

Willamette Valley MLS

APN: 073W34AC11700

Oregon Marion County Salem 97302 South Central

2005 Summer St SE Unit 2045, Salem, OR

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.

Willamette Valley MLS Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. WVMLS Member Broker: Arlene Richardson

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NOELLE PHILLIPS
Listing Agent
NOELLE PHILLIPS
Section Image
JMG JASON MITCHELL GROUP-ALBANY
(503) 828-0732