Estimated payment $3,339/month
Investment-ready triplex situated in a prime Salem corridor. The property has been well cared for and benefits from excellent accessibility to services, transit, and major employment centers. A reliable income producer with strong rental demand. Directly across from 2870 Lancaster Dr NE, which is also available.
| 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 | $3,124 | $172,640 | -- | -- |
| 2023 | $2,954 | $167,620 | $0 | $0 |
| 2022 | $2,792 | $162,740 | $0 | $0 |
| 2021 | $2,767 | $158,000 | $0 | $0 |
| 2020 | $2,691 | $153,400 | $0 | $0 |
| 2019 | $2,711 | $148,940 | $0 | $0 |
| 2018 | $2,665 | $0 | $0 | $0 |
| 2017 | $2,062 | $0 | $0 | $0 |
| 2016 | $1,971 | $0 | $0 | $0 |
| 2015 | $1,946 | $0 | $0 | $0 |
| 2014 | $1,761 | $0 | $0 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2025 08/21/25 | For Sale | $565,000 | +61.4% | $274 / Sq Ft |
| 11/05/2021 11/05/21 | Sold | $350,000 | 0.0% | $170 / Sq Ft |
| 10/07/2021 10/07/21 | Pending | -- | -- | -- |
| 10/07/2021 10/07/21 | For Sale | $350,000 | -- | $170 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | Amerititle | |
| Warranty Deed | $325,000 | First American | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | Commercial |
$465,000
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
ERIN GARIBAY HomeSmart Realty Group
$465,000
Accepted Offer with Contingencies. 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
ERIN GARIBAY HOMESMART REALTY GROUP
$635,000
Welcome to this stunning 2,795 sq ft home in one of the area’s most sought-after neighborhoods! Featuring 3 spacious bedrooms, 3 baths, an office, and an incredible master suite fit for royalty. Bright, open living spaces, soaring ceilings, a chef’s kitchen, and a spa-like master bath make this home truly special. Enjoy a private backyard, perfect for relaxing or entertaining. Close to top-rated
Lorenzo Flores Realty of America, LLC
$595,000
Well-maintained triplex in a highly accessible Salem location. Each unit offers dependable rental appeal with proximity to shopping, transit, and major employers. A strong investment property located directly across the street from 2910 Lancaster Dr NE, also available for purchase.
HUNTER GRAY SMI REAL ESTATE
$489,000
Solid investment opportunity! 3 bed / 1.5 bath townhouse style duplex located on a cul-de-sac, close to I-5. Property sits between Silverton Road and Portland Road which provides tenants with easy access to transportation and shopping. Please do not disturb the tenants. Showing upon accepted offer to purchase.
Chris Salaz SMI REAL ESTATE
$518,000
Solid investment duplex in a strong rental market! This well-maintained property features two separately metered units: a spacious 3-bedroom unit estimated to rent for $2,400/month, and a cozy 1-bedroom unit projected at $1,200/month. Current market rents generate a combined $44,400 in annual gross income with tenants covering all utilities except water/sewer. Refer to WVMLS #827762 With a
Melina Tomson TOMSON BURNHAM, LLC
$585,000
Accepted Offer with Contingencies. Great Investment & Well Maintained Tri-Plex Opportunity! 6 bedrooms 4.5 bath Tri-Plex located short distance to Shops, Schools, bus service & I-5. Well maintained units with low turnover. Units offer vaulted ceilings & recent updates include interior paint, vinyl floors & new garage doors with openers. Each unit has fence backyard. Tenants on yearly leases.
EKAETTE UDOSENATA-HARRUNA EXCEL REAL ESTATE
$550,000
Turnkey duplex with prime location! Fully remodeled, freshly repainted, and boasting a 95%+ occupancy rate, this income-producing property is just minutes from shopping, restaurants, and freeway access. Both units are tenant-occupied-perfect for investors or live-in owners looking for steady cash flow.
DAMIAN PAVLOV EXP REALTY, LLC
$535,000
Accepted Offer with Contingencies. Great opportunity to acquire three 1940's cottages. Live in one and rent the others! Also perfect for in-laws to have their own cottage. New siding, exterior paint and windows! The 2-bedroom cottage at 645 E St also has a new roof (2025), a partially finished basement of 500 +/- SF, plus a single car garage. Hardwood floors give a warm vibe to these units. Each
Kenneth Marshall VINTAGE REALTY NORTHWEST
Source: Willamette Valley MLS
MLS Number: 832855
APN: 553558
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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