$599,000
UNDER CONTRACT

3928 Auburn Rd NE Unit 3934 Salem, OR 97301

Northeast Salem Neighborhood

Estimated payment $3,615/month

Total Views 731
8 Beds
4 Baths
3,920 Sq Ft
$153 Price per Sq Ft

Highlights

  • Territorial View
  • Handicap Accessible
  • Baseboard Heating
  • Patio
  • Landscaped
  • Laundry Facilities

About This Home

Accepted Offer with Contingencies. Multiple Offers, deadline to submit is 11/25/2025 at 11am. INVESTOR ALERT, an Incredible 4 Plex Opportunity! Rare chance to own a single level four plex on a large 9,583 sq ft lot tucked down a private lane. Close to shopping, bus line, and everyday conveniences. Each spacious 2 bedroom, 1 bath unit is approximately 980 sq ft and includes assigned parking for two cars plus access to a shared laundry room. Three units are currently rented, providing immediate income with room to grow. Solid bones, strong rental history, and an unbeatable price make this an ideal project for investors seeking cash flow and value add potential.

Listing Agent

Mark Shadrin

BERKSHIRE HATHAWAY HOMESERVICES R E PROF License #201215479 Listed on: 11/12/2025

BERKSHIRE HATHAWAY HOMESERVICES R E PROF

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,680

Year Built

  • Built in 1970

Lot Details

  • 9,396 Sq Ft Lot
  • Lot Dimensions are 81 x 115
  • Partially Fenced Property
  • Landscaped

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • T111 Siding

Interior Spaces

  • 3,920 Sq Ft Home
  • Dining Area
  • Carpet
  • Territorial Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Auburn Elementary School
  • Houck Middle School
  • North Salem High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Handicap Accessible
  • Patio

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Exclusions: Tenant Items
  • Tax Block 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,680

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Dual Living: Other (Refer To Remarks)
  • Handicap Amenities: Yes (Refer To Remarks)
  • Range Facility: Electric
  • Syndicated Remarks: Accepted Offer with Contingencies. Multiple Offers, deadline to submit is 11/25/2025 at 11am. INVESTOR ALERT, an Incredible 4 Plex Opportunity! Rare chance to own a single level four plex on a large 9,583 sq ft lot tucked down a private lane. Close to shopping, bus line, and everyday conveniences. Each spacious 2 bedroom, 1 bath unit is approximately 980 sq ft and includes assigned parking for two cars plus access to a shared laundry room. Three units are currently rented, providing immediate income with room to grow. Solid bones, strong rental history, and an unbeatable price make this an ideal project for investors seeking cash flow and value add potential.
  • Cross Street: Lancaster
  • Year Built: 1970
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Exclusions: Tenant Items
  • Refrigerator: Refrigerator Included
  • Flooring: Carpet
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Dining Room: Area (Combination)
  • Laundry: Laundry Center

Exterior Features

  • Patio: Patio
  • Fenced Yard: Partial
  • Foundation: Continuous
  • Landscape: Yes
  • Roof: Composition
  • Siding: Wood
  • Siding Style: T111
  • View: Territorial

Utilities

  • Heating: Electric, Baseboard
  • High Speed Comm Access: Available
  • Water: Connected, City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Acres: 0.22
  • Estimated Lot Dimensions: 81 x 115
  • Estimated Lot Sq Ft: 9396
  • Lot: *
  • Lot Type: Dimension Above
  • Zoning: RM
  • Property Use Type: Investment
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Amount: 5680

Multi Family

  • Unit Types: Flat, Quad/Shared
  • Number Of Units: 4

MLS Schools

  • HighSchool: North Salem
  • Middle School: Houck
  • Elementary School: Auburn

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

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
2025 $5,485 $326,150 -- --
2024 $5,485 $316,660 -- --
2023 $5,192 $307,440 $0 $0
2022 $4,904 $298,490 $0 $0
2021 $4,859 $289,800 $0 $0
2020 $4,715 $281,360 $0 $0
2019 $4,752 $273,170 $0 $0
2018 $4,665 $0 $0 $0
2017 $3,739 $0 $0 $0
2016 $3,486 $0 $0 $0
2015 $3,476 $0 $0 $0
2014 $3,201 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 For Sale $599,000 -- $153 / Sq Ft
Source: Willamette Valley MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American
Interfamily Deed Transfer -- First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $125,000 New Conventional
Source: Public Records

Source: Willamette Valley MLS

MLS Number: 835269

Willamette Valley MLS

APN: 524005

Oregon Marion County Salem 97301 Northeast Salem

3928 Auburn Rd NE Unit 3934, Salem, OR

Under Contract

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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Mark Shadrin
Listing Agent
Mark Shadrin
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BERKSHIRE HATHAWAY HOMESERVICES R E PROF
(971) 318-1825