Outstanding fourplex in South Salem! Large floorplans, fireplaces, garages, washer/dryer hook-ups and forced air heat. Metal roof, solid wood cabinets and quality construction. Property is professionally managed and fully rented, PLEASE do not contact tenants. Interior showing is subject to accepted offer.
Last Agent to Sell the Property
NELSON COMMERCIAL REAL ESTATE LLC License #981000173 Listed on: 02/25/2025
Home Type
Est. Annual Taxes
Year Built
Lot Details
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Interior Spaces
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Listing and Financial Details
Overview
Building Details
$899,000
Accepted Offer with Contingencies. 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.
Chris Salaz SMI REAL ESTATE
$850,000
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
$670,000
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. Rent increase for 2025
Kristen Albrecht HIGH COUNTRY REALTY PROFESSIONALS
$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! Eachwith 4 bedrooms, 2.5 full bathrooms, an attached garage, and private fenced backyard. One side is currently rented, offering immediate income potential, while the other side is vacant. Thoughtful open-concept layouts. This property perfect for investors and homeowners alike. Please do not disturb tenants. Open house
NEREYDA AGUIRRE EXP REALTY, LLC
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $871,000 | Amerititle | |
| Warranty Deed | -- | Amerititle | |
| Bargain Sale Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | First American | |
| Interfamily Deed Transfer | -- | First American | |
| Warranty Deed | $290,000 | First American |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $889,726 | New Conventional | |
| Previous Owner | $200,900 | New Conventional | |
| Previous Owner | $217,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $14,500 | Unknown |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2025 04/02/25 | Sold | $871,000 | +3.1% | $213 / Sq Ft |
| 03/04/2025 03/04/25 | For Sale | $845,000 | -- | $207 / Sq Ft |
| 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 |
|---|---|---|---|---|
| 2024 | $6,741 | $343,350 | -- | -- |
| 2023 | $6,543 | $333,350 | $0 | $0 |
| 2022 | $6,169 | $323,650 | $0 | $0 |
| 2021 | $5,993 | $314,230 | $0 | $0 |
| 2020 | $5,818 | $305,080 | $0 | $0 |
| 2019 | $5,787 | $296,200 | $0 | $0 |
| 2018 | $5,713 | $0 | $0 | $0 |
| 2017 | $5,156 | $0 | $0 | $0 |
| 2016 | $4,911 | $0 | $0 | $0 |
| 2015 | $4,948 | $0 | $0 | $0 |
| 2014 | $4,789 | $0 | $0 | $0 |
T
Seller's Agent in 2025
Ty Nelson
NELSON COMMERCIAL REAL ESTATE LLC
(503) 910-1968
2 in this area
4 Total Sales
Buyer's Agent in 2025
Jordan Sparks
SMI REAL ESTATE
(541) 646-0650
2 in this area
89 Total Sales
Source: Willamette Valley MLS
MLS Number: 825900
APN: 591818
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.
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