$950,000
$25K PRICE INCREASE

241 NE St Salem, OR 97301

Northeast Neighbors Neighborhood

Estimated payment $5,669/month

Total Views 7,172
14 Beds
8 Baths
4,292 Sq Ft
$221 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Laundry Facilities
  • Carpet
  • Fenced Yard
  • Lap Siding
  • Heating Available

About This Home

Worth another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. Fully rented with solid residents. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maintenance, low-expense property in a convenient location with great cash flow & market upside. Rare unit mix: (3) 4-bed + (1) 2-bed. Separate electrical meters. More info available-call today!

Listing Agent

Sue Long

KELLER WILLIAMS REALTY MID WILLAMETTE License #850300205 Listed on: 03/19/2025

KELLER WILLIAMS REALTY MID WILLAMETTE

Co-Listing Agent

Ryan Long

KELLER WILLIAMS REALTY MID WILLAMETTE License #201222285

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,348

Year Built

  • Built in 1996

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 180x50
  • Fenced Yard
  • Sprinkler System

Parking

  • RV Access or Parking

Home Design

  • 4,292 Sq Ft Home
  • Quadruplex
  • Composition Roof
  • Lap Siding

Kitchen

  • Built-In Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 8 Bathrooms

Utilities

  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Exclusions: Tenants Personal Property
  • Tax Lot 12

Community Details

Overview

  • 4 Units
  • 241 25Th St ( 249) Ne Community

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $600
  • Trash Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,348

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Range Facility: Built-In, Electric
  • Syndicated Remarks: Worth another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. Fully rented with solid residents. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maintenance, low-expense property in a convenient location with great cash flow & market upside. Rare unit mix: (3) 4-bed + (1) 2-bed. Separate electrical meters. More info available-call today!
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Exclusions: Tenants Personal Property
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet, Vinyl
  • Total Bathrooms: 8
  • Total Bedrooms: 14
  • Laundry: Laundry Center

Exterior Features

  • Exterior Color: Lt Brown
  • Fenced Yard: Yes
  • Foundation: Continuous
  • Landscape: Irrigation System
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap

Utilities

  • Heating: Electric
  • Water: City
  • Water Heater: Electric
  • Electric: 600
  • Garbage: 1800
  • Sewer: City

Lot Info

  • Acres: 0.21
  • Estimated Lot Dimensions: 180x50
  • Estimated Lot Sq Ft: 9000
  • Lot: 12
  • Zoning: RM
  • Property Name: 241 25th St (-249) NE
  • Rvcamper Pad: Area/Room For
  • Property Use Type: Investment

Tax Info

  • Tax Years: 2024-2025
  • Tax Amount: 8348

Multi Family

  • Unit Types: Town Home
  • Number Of Units: 4

Map

Range of Values:

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Average Value
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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
07/01/2025 07/01/25 Price Changed $950,000 +2.7% $221 / Sq Ft
03/19/2025 03/19/25 For Sale $925,000 -- $216 / Sq Ft
Source: Willamette Valley MLS

Source: Willamette Valley MLS

MLS Number: 826614

Willamette Valley MLS
Oregon Marion County Salem 97301 Northeast Neighbors

241 NE St, 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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Sue Long
Listing Agent
Sue Long
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KELLER WILLIAMS REALTY MID WILLAMETTE
(971) 458-5520