Solid investment opportunity! 4 plex located on a cul-de-sac in desirable part of South Salem. Close to shopping, and I-5 access. Tenants pay all utilities except for water/sewer. Please do not disturb the tenants.
Last Agent to Sell the Property
SMI REAL ESTATE License #201214894 Listed on: 04/06/2025
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Overview
Building Details
$850,000
Accepted Offer with Contingencies. Prime investment opportunity in South Salem! This 4-plex offers four spacious 993 sq ft units, each with a comfortable layout and solid rental history. Ideal for expanding your portfolio or starting out with income-producing property in a high-demand area. Convenient access to shopping, schools, and commuter routes adds to long-term rental appeal.
Dewey Whitton THE SALEM REAL ESTATE GROUP
$660,000
Triplex with long term tenants and ample living space for this 6BR, 4.5 bth, 3 unit complex.The large corner lot sits on 11224 sq. ft. with private yards and patios for outdoor enjoyment, Washer/Dryer hookups and plenty of storage with private, connected garage. Entire exterior freshly painted June 2025, wifi garage door 2025, and newer roof. Located near shopping and I-5. Please don't disturb
Kristen Albrecht HIGH COUNTRY REALTY PROFESSIONALS
$725,000
Beautifully maintained 4-plex in the Capital Park Addition. Each unit has 2 bedrooms and 1 bathroom, kitchens with plenty of storage, and their own washer/dryer hook ups. Building has it's own parking lot accessible by alley with 2 spots per unit. There is an adorable covered gathering area in front of the building and the two end units have their own patios. Long term, reliable tenants in each
DANIELLE HALEY EXP REALTY, LLC
$775,000
Professionally managed, fully leased three 2-bedroom units and one 1-bedroom unit. Tenants play all utilities except for water and sewer. Units have washer and dryer hook-ups. Large sized lot provides for an opportunity to build additional units.
Andi Costello Venture Commercial Real Estate
$810,000
Great investment opportunity to acquire a six-unit multi-family property conveniently located near downtown, with easy access to parks and public transportation. The property consists of five 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, with some featuring hardwood floors. Additionally, there is an on-site laundry room available for tenants. Please refrain from disturbing the tenants.
Matt Killen Crown Real Estate Group
$810,000
Great investment opportunity to acquire a six-unit multi-family property conveniently located near downtown, with easy access to parks and public transportation. The property consists of five 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, with some featuring hardwood floors. Additionally, there is an on-site laundry room available for tenants. Please refrain from disturbing the tenants.
Matt Killen CROWN REAL ESTATE GROUP
$679,900
Newly completely remodeled duplex on double lot! Front unit has 4 bedrooms (downstairs can be office) and two full baths plus laundry room with W/D hook ups. Back unit has 2 bedrooms and 2 full bathrooms plus laundry room with W/D hook ups. Ductless Heat/AC units in each room, Cadet heaters in each bathroom. Newer from the top down! Covered and secure breezeway between units.Great investment with
Chris Forrette Coldwell Banker Mountain West
$679,900
Newly completely remodeled duplex on double lot! Front unit has 4 bedrooms (downstairs can be office) and two full baths plus laundry room with W/D hook ups. Back unit has 2 bedrooms and 2 full bathrooms plus laundry room with W/D hook ups. Ductless Heat/AC units in each room, Cadet heaters in each bathroom. Newer from the top down! Covered and secure breezeway between units. Great investment
Chris Forrette COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
$825,000
Fantastic investment opportunity awaits with this beautifully built duplex! Each with 4 bedrooms, 2.5 full bathrooms, an attached garage, and private fenced backyard. Thoughtful open-concept layouts. This property perfect for investors and homeowners alike. Please do not disturb tenants.
Nereyda Aguirre Aguirre eXp Realty LLC
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $887,000 | -1.3% | $217 / Sq Ft |
| 04/06/2025 04/06/25 | For Sale | $899,000 | +34.2% | $220 / Sq Ft |
| 10/29/2021 10/29/21 | Sold | $670,000 | +1.7% | $164 / Sq Ft |
| 10/05/2021 10/05/21 | Pending | -- | -- | -- |
| 10/04/2021 10/04/21 | For Sale | $659,000 | -- | $161 / Sq Ft |
Seller's Agent in 2025
Chris Salaz
SMI REAL ESTATE
(503) 871-0288
4 in this area
20 Total Sales
Buyer's Agent in 2025
Sabrina James
SMI REAL ESTATE
(971) 218-9349
3 in this area
26 Total Sales
Seller's Agent in 2021
Matt Killen
CROWN REAL ESTATE GROUP
(503) 409-5023
3 in this area
42 Total Sales
K
Seller Co-Listing Agent in 2021
Kent Mack
CROWN REAL ESTATE GROUP
(503) 399-0330
1 in this area
2 Total Sales
Source: Willamette Valley MLS
MLS Number: 827360
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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