$455,000
SOLD SEP 12, 2025

645 E St NE Salem, OR 97301

Grant Neighborhood
4 Beds
3 Baths
2,011 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$226 Per Sq Ft

8% Below List Price

140 Days on Market

Highlights

  • Wood Flooring
  • High Speed Internet
  • Lap Siding
  • Baseboard Heating
  • Dining Area

About This Home

As of September 2025

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 unit has its own washer/dryer hookups. Each home is separately metered for sewer, water, and electric. Tenants responsible for lawn maintenance.

Last Agent to Sell the Property

Kenneth Marshall

VINTAGE REALTY NORTHWEST License #200404300 Listed on: 04/25/2025

Last Buyer's Agent

Cory Carlson

CONSTANT COMMERCIAL REAL ESTATE INC License #201226331

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,901

Year Built

  • Built in 1940

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 130x50

Home Design

  • Triplex
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 2,011 Sq Ft Home
  • Dining Area
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Electric Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Schools

  • Grant Elementary School
  • Parrish Middle School
  • North Salem High School

Utilities

  • Heating System Uses Gas
  • Wall Furnace
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • 3 Units
  • The Cottages Community

Listing and Financial Details

  • Exclusions: Some appliances owned by tenants
  • Tax Lot 7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,901

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Triplex
  • Home Warranty: Negotiable
  • Range Facility: Electric, Range Included
  • Syndicated Remarks: 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 unit has its own washer/dryer hookups. Each home is separately metered for sewer, water, and electric. Tenants responsible for lawn maintenance.
  • Cross Street: Church St
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Exclusions: Some appliances owned by tenants
  • Flooring: Vinyl, Wood
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Basement: Full, Unfinished
  • Dining Room: Area (Combination)
  • Laundry: W/D Hookup

Exterior Features

  • Exterior Color: Dark Gray
  • Foundation: Continuous
  • Roof: Composition
  • Siding: Fiber Cement
  • Siding Style: Lap

Utilities

  • Heating: Gas, Electric, Baseboard, Wall Furnace
  • High Speed Comm Access: Present
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Acres: 0.15
  • Estimated Lot Dimensions: 130x50
  • Estimated Lot Sq Ft: 6500
  • Flood Plain: Unknown
  • Lot: 7
  • Zoning: RS
  • Property Name: The Cottages
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Amount: 3901

Multi Family

  • Number Of Units: 3

MLS Schools

  • HighSchool: North Salem
  • Middle School: Parrish
  • Elementary School: Grant

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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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2025 09/12/25 Sold $455,000 -15.0% $226 / Sq Ft
08/01/2025 08/01/25 Price Changed $535,000 +8.1% $266 / Sq Ft
04/25/2025 04/25/25 For Sale $495,000 -- $246 / Sq Ft
Source: Willamette Valley MLS

Tax History Compared to Growth

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
2024 $2,736 $139,340 -- --
2023 $2,655 $135,290 $0 $0
2022 $2,504 $131,350 $0 $0
2021 $2,432 $127,530 $0 $0
2020 $2,361 $123,820 $0 $0
2019 $2,278 $120,220 $0 $0
2018 $2,319 $0 $0 $0
2017 $2,093 $0 $0 $0
2016 $1,993 $0 $0 $0
2015 $2,009 $0 $0 $0
2014 $1,944 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kenneth Marshall

    Seller's Agent in 2025

    Kenneth Marshall

    VINTAGE REALTY NORTHWEST

    (541) 754-7314

    5 in this area

    33 Total Sales

    Kenneth Marshall
    Section Image
  • Cory Carlson

    Buyer's Agent in 2025

    Cory Carlson

    CONSTANT COMMERCIAL REAL ESTATE INC

    (503) 686-1896

    2 in this area

    64 Total Sales

    Cory Carlson
    Section Image
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Map

Source: Willamette Valley MLS

MLS Number: 828160

Willamette Valley MLS
Oregon Marion County Salem 97301 Grant

645 E St NE, Salem, OR

Sold

MultiFamily

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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