3928 Auburn Rd NE Unit 3934 Salem, OR 97301
Northeast Salem NeighborhoodEstimated payment $3,637/month
Highlights
- Territorial View
- Laundry Facilities
- Wood Siding
- Baseboard Heating
- Level Lot
- 1-Story Property
About This Home
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
Berkshire Hathaway HomeServices Real Estate Professionals License #201215479 Listed on: 11/12/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,680
Year Built
- Built in 1970
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 81 x 115
- Level Lot
Home Design
- Fixer Upper
- Composition Roof
- Wood Siding
- Plywood Siding Panel T1-11
- Concrete Perimeter Foundation
Interior Spaces
- 3,920 Sq Ft Home
- 1-Story Property
- Territorial Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- 8 Parking Spaces
- Paved Parking
- Assigned Parking
Schools
- Auburn Elementary School
- Houck Middle School
- North Salem High School
Utilities
- No Cooling
- Wall Furnace
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 524005
Community Details
Overview
- 4 Units
Amenities
- Common Area
- Laundry Facilities
Building Details
- Operating Expense $8,020
- Gross Income $43,020
- Net Operating Income $35,000
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First American | |
| Interfamily Deed Transfer | -- | First American |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $125,000 | New Conventional |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 141889514
APN: 524005
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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