Motivated Seller! This is a great duplex with income upside. Both tenants are month to month and rents have not been increased for over a year. 2780 has an RV pad next to it for additional parking. Each unit has 2 bedrooms and 2 full baths with private courtyards for the tenants to enjoy. Both tenants would like to stay if possible. Showings available upon accepted offer.
KELLER WILLIAMS REALTY MID WILLAMETTELicense #201222139Listed on: 01/20/2025
Last Buyer's Agent
BARB NORRIS
REDFINLicense #201204698
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,998
Year Built
Built in 1969
Lot Details
9,583 Sq Ft Lot
Fenced Yard
Home Design
Duplex
Stucco
Interior Spaces
2,202 Sq Ft Home
Gas Fireplace
Dining Area
Washer and Dryer Hookup
Kitchen
Electric Range
Dishwasher
Disposal
Flooring
Carpet
Vinyl
Bedrooms and Bathrooms
4 Bedrooms
4 Bathrooms
Schools
Mckinley Elementary School
Leslie Middle School
South Salem High School
Utilities
Window Unit Cooling System
Forced Air Heating System
Heating System Uses Gas
Electric Water Heater
Listing and Financial Details
Exclusions: Tenant Property. W/D are owned by tenants
Legal Lot and Block 14&15 / 2
Community Details
Overview
2 Units
Smith Fruit Farms Subdivision
Building Details
Trash Expense $720
Water Sewer Expense $1,440
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$3,998
Year Built
Built in 1969
Lot Details
0
Listing Details
Class: Multi Family
Type: Duplex
Range Facility: Electric
Syndicated Remarks: Motivated Seller! This is a great duplex with income upside. Both tenants are month to month and rents have not been increased for over a year. 2780 has an RV pad next to it for additional parking. Each unit has 2 bedrooms and 2 full baths with private courtyards for the tenants to enjoy. Both tenants would like to stay if possible. Showings available upon accepted offer.
Cross Street: Fairview
Year Built: 1969
Special Features: 1028
Property Sub Type: MultiFamily
Interior Features
Dishwasher: Yes
Disposal: Yes
Exclusions: Tenant Property. W/D are owned by tenants
Fireplace: Gas
Refrigerator: Refrigerator Included
Flooring: Carpet, Vinyl
Total Bathrooms: 4
Total Bedrooms: 4
Dining Room: Area (Combination)
Laundry: W/D Hookup
Price Per Sq Ft: 190.01
Price Per Sq Ft: 193.01
Exterior Features
Fenced Yard: Yes
Foundation: Continuous
Siding: Stucco
Utilities
Heating: Gas, Window Unit (AC), Forced Air
Water: City
Water Heater: Electric
Garbage: 720
Sewer: City
Water/Sewer: 1440
Schools
Elementary School: McKinley
Middle School: Leslie
High School: South Salem
Lot Info
Acres: 0.22
Estimated Lot Sq Ft: 9583
Lot: 14&15
Price Per Acre: 1931818.18
Geo Subdivision: OR
Tax Info
Tax Years: 2024
Tax Account Number: 591395
Tax Amount: 3998
Multi Family
Number Of Units: 2
MLS Schools
HighSchool: South Salem
Middle School: Leslie
Elementary School: McKinley
Ownership History
DateNameOwned ForOwner Type
Mar 2025 - PresentEscalante Dean Isabel T and Dean Marvin J5 Months
Private Individual
Purchase Details
Listed on
Jan 20, 2025
Closed on
Mar 18, 2025
Sold by
Derksen Nicholas M
Bought by
Escalante Dean Isabel T and Dean Marvin J
Seller's Agent
JOEL GETSFRID
KELLER WILLIAMS REALTY MID WILLAMETTE
Buyer's Agent
BARB NORRIS
REDFIN
List Price
$450,000
Sold Price
$418,400
Premium/Discount to List
-$31,600
-7.02%
Views
57
Current Estimated Value
$418,903
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503
Avg. Annual Appreciation
0.32%
Original Mortgage
$313,800
Outstanding Balance
$313,800
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$105,103
Mar 2018 - Mar 2025Derksen Nicholas M7 Years
Private Individual
Purchase Details
Closed on
Mar 9, 2018
Sold by
Derksen Leslie
Bought by
Derksen Nicholas M
Apr 2010 - Mar 2018Derksen Nicholas M and Derksen Leslie7 Years and 11 Months
Private Individual
Purchase Details
Closed on
Apr 28, 2010
Sold by
Derksen Nicholas M
Bought by
Derksen Nicholas M and Derksen Leslie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
4.94%
Mortgage Type
New Conventional
Aug 2005 - Apr 2010Derksen Nicholas M4 Years and 8 Months
Private Individual
Purchase Details
Closed on
Aug 1, 2005
Sold by
Tran Co
Bought by
Derksen Nicholas M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Excellent investment opportunity! Well-maintained duplex in SE Salem offering steady rental income. Each unit features comfortable living areas and private outdoor space. Located in a neighborhood with easy access to shopping, dining, schools, and major commuting routes. Perfect for investors or owner-occupants looking to live in one unit while renting the other. Both units currently occupied
Unique rental housing opportunity. 5 room boarding home located 1 mile from the Willamette University campus. Off street parking will accommodate all tenants. CR Zoning provides flexibility for future uses (Previously used for Title Office). Please do not disturb the tenants.
Estate Sale – Duplex in Convenient Salem Location. Incredible opportunity to own a well-priced duplex offering two 2BD/1BA units, each featuring: functional floor plans, tub-shower combos, in-unit washer/dryer hookups and single-car garages. The duplex is well priced at under $180,000 per unit; great opportunity for value-add investors looking to build equity through updates and rent increases.
Brian SmithCOLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Estate Sale – Duplex in Convenient Salem Location. Incredible opportunity to own a well-priced duplex offering two 2BD/1BA units, each featuring: functional floor plans, tub-shower combos, in-unit washer/dryer hookups and single-car garages. The duplex is well priced at under $180,000 per unit; great opportunity for value-add investors looking to build equity through updates and rent increases.
Brian SmithCOLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
Showing upon accepted offer to purchase. Please do not disturb the residents.Solid investment opportunity in a prime location. Townhome style duplex located on a cul-de-sac with close proximity to south I-5. Units are 2 bed / 2.5 bath (with main bedroom ensuite bathroom), and 2-car garage; and 2 bed / 1.5 bath with 1-car garage. Constructed in 1977. Units offer garages, driveway parking,
Showings upon accepted offer to purchase. Please do not disturb the residents.Solid investment opportunity in a prime location. Townhome style duplex located on a cul-de-sac with close proximity to south I-5. Units are 2 bed / 1.5 bath with 1-car garages. Constructed in 1977. Units offer garages, driveway parking, washer/dryer hookups, dishwashers, fireplaces, and A/C, with large back yards and
2 doors, 1 investment! This South Salem duplex is a rare find. Set on a corner lot in the Sprague school district, each unit is tenant-occupied w/long-term renters. Recent upgrades include a new roof and gutters (2025), retaining wall (2024), and new water heaters in both units. Conveniently located near Kuebler Rd with easy access to shopping, schools & more. Whether you're growing your
665 Norway is a 1936 Cottage with 2 bdrms 1 bath. Fully applianced kitchen; wood floors, FA Gas; newer roof and freshly painted exterior. Fenced yard. Recently rented for $1450 per month. 655 is a converted single garage to a 1 bdrm 1 bath unit - Recently rented for $950 per month.Close to transportation; Grant Elementary School. Refer to RES listing WVMLS# 821056
This property appears to have significant room for rent growth. 2nd br at 1095 does not have a closet at this time. Some updates in units. SF are estimates only based upon the Marion County Assessors Office data. Sellers have priced this at an As Is Cash Only transaction.
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Average Value
Not Available
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
Purchase History
Date
Type
Sale Price
Title Company
Warranty Deed
$418,400
Ticor Title
Interfamily Deed Transfer
--
Ticor Title
Interfamily Deed Transfer
--
Fidelity Natl Title Co Of Or
Warranty Deed
$195,900
Ticor Title
Source: Public Records
Mortgage History
Date
Status
Loan Amount
Loan Type
Open
$313,800
New Conventional
Previous Owner
$280,000
New Conventional
Previous Owner
$203,200
New Conventional
Previous Owner
$14,307
Credit Line Revolving
Previous Owner
$204,000
Unknown
Previous Owner
$14,000
Stand Alone Second
Previous Owner
$156,700
Stand Alone First
Previous Owner
$39,200
Stand Alone Second
Closed
$0
New Conventional
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
03/18/202503/18/25
Sold
$418,400
-1.6%
$190 / Sq Ft
02/11/202502/11/25
Price Changed
$425,000
-5.6%
$193 / Sq Ft
01/20/202501/20/25
For Sale
$450,000
--
$204 / Sq Ft
Source: Willamette Valley MLS
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 2780 Summer St SE Unit 2790, Salem, OR 97302 and is currently priced at $418,400, approximately $190 per square foot. This property was built in 1969. 2780 Summer St SE Unit 2790 is a home located in Marion County with nearby schools including McKinley Elementary School, Leslie Middle School, and South Salem High School.
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
