NOT LISTED FOR SALE

2451 Trade St SE Unit 2473 Salem, OR 97301

Southeast Salem Neighborhood
8 Beds
6 Baths
4,422 Sq Ft
0.37 Acres

Last Sold November 07, 2018

Last sale price $455,000 $103 Per Sq Ft

29 Days on Market

About This Home

As of November 2018

PRICE REDUCED! This eleven unit complex is a fantastic opportunity for any new or experienced investor. Upsides in rents are possible. Significant value add opportunity. Rehab opportunity for rehab specialists. Property is centrally located in Salem. Located minutes from downtown and I-5 access. Four minutes from Willamette University and Salem Hospital. Dinning and shoppingopportunities just one minute away at Willamette Town Center.

Last Agent to Sell the Property

Anita Risberg

OmniVest LLC License #870800111 Listed on: 08/08/2018

Last Buyer's Agent

Anita Risberg

OmniVest LLC License #870800111 Listed on: 08/08/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.37

Parking

  • Paved Parking

Home Design

  • Slab Foundation
  • Wood Siding
  • Block Exterior

Location

  • Flood Zone Lot

Community Details

  • 11 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 4422
  • Year Built: 1949
  • Remarks Public: PRICE REDUCED! This eleven unit complex is a fantastic opportunity for any new or experienced investor. Upsides in rents are possible. Significant value add opportunity. Rehab opportunity for rehab specialists. Property is centrally located in Salem. Located minutes from downtown and I-5 access. Four minutes from Willamette University and Salem Hospital. Dinning and shoppingopportunities just one minute away at Willamette Town Center.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SIMPSONS ADDITION, LOT 2, ACRES 0.37

Exterior Features

  • Exterior Description: Block, Wood Siding
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: Slab

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security: Security Lights, Security System

Lot Info

  • Lot Description: Flood Zone
  • Zoning: RM2

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3951.56
  • Assessor Parcel Number: R90254
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 11
  • Gross Rent Multiplier: 8.94

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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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 Change Sq Ft Price
11/07/2018 11/07/18 Sold $455,000 -24.2% $103 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $600,000 -- $136 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Anita Risberg

    OmniVest LLC

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18437481

Regional Multiple Listing Service (RMLS)

APN: 590254

Oregon Marion County Salem 97301 Southeast Salem

2451 Trade St SE Unit 2473, Salem, OR

This home is located at 2451 Trade St SE Unit 2473, Salem, OR 97301 since 08 August 2018. This property was built in 1949. 2451 Trade St SE Unit 2473 is a home located in Marion County with nearby schools including Richmond Elementary School, Leslie Middle School, and South Salem High School.

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