NOT LISTED FOR SALE

4196 Center St NE Salem, OR 97301

-- Bed
-- Bath
3,122 Sq Ft
1970 Built

Last Sold June 30, 2023

Last sale price $636,000 $204 Per Sq Ft

5 Days on Market

Highlights

  • Territorial View
  • Laundry Facilities
  • Wood Siding
  • Forced Air Heating System
  • Level Lot
  • 1-Story Property

About This Home

As of June 2023

Cash flow / Investment Opportunity! Ground level 4-Plex (2) 3 bedroom 1 bath units & (2) 2 bedroom 1 bath units. Located short distance to Willamette Town Center, bus service and I-5. Well maintained units with low turnover. Newer gas F/A furnaces & updated windows. Tenants on yearly leases. 4190 Unit $950.00 - 4192 Unit $1,250.00 - 4194 Unit $1,300.00 - Unit 4196 $950.00 monthly. Seller pays water/sewer/garbage. DO NOT DISTURB TENANTS. Viewing with accepted offer only. Buyer to accept tenants upon closing.

Last Agent to Sell the Property

Troy Morris

Excel Real Estate License #900600312 Listed on: 05/16/2023

Last Buyer's Agent

TONY BALDERRAMA

HomeSmart Realty Group License #201212203

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,488

Year Built

  • Built in 1970

Lot Details

  • Level Lot

Parking

  • 8 Car Garage
  • Open Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation
  • Wood Composite

Interior Spaces

  • 3,122 Sq Ft Home
  • 1-Story Property
  • Territorial Views
  • Crawl Space

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • Community Sewer or Septic

Community Details

  • 4 Units
  • Laundry Facilities
  • Gross Income $53,400

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number 545679

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,488

Year Built

Built in 1970

Lot Details

0

Parking

8

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1970
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, None
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding,WoodComposite,WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter, PillarPostPier
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No
  • Garage Spaces: 8.0
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Security: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: Community
  • Water Source: Community

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Auburn
  • High School: North Salem
  • Middle Or Junior School: Houck

Lot Info

  • Zoning: CO
  • Parcel #: 545679

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4487.5

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.98
  • Annual Gross Income: 53400.0

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $636,000 -0.5% $204 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $639,500 -- $205 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23508632

Regional Multiple Listing Service (RMLS)