$650,000

664 Thompson Ave NE Unit 672 Salem, OR 97301

Northeast Neighbors Neighborhood

Estimated payment $3,820/month

Total Views 42,938
8 Beds
4 Baths
3,744 Sq Ft
$174 Price per Sq Ft

Highlights

  • Popular Property
  • Baseboard Heating
  • Dining Area
  • Patio
  • Laundry Facilities
  • Partially Fenced Property

About This Home

Fantastic Income Opportunity! Don’t miss this well-maintained 4-plex featuring four 2-bedroom, 1-bath units, perfect for investors or owner-occupants! Three units are currently tenant-occupied, and the fourth is owner-occupied, offering immediate income potential. Each spacious unit includes a comfortable living room, dining area, and a well-equipped kitchen with all appliances and lots of cupboard space. Bedrooms are nicely sized, and the bathrooms feature a convenient tub/shower combo. Enjoy off-street parking, a fenced front yard area, and a shared coin-operated community laundry room for added convenience. Ideally located just minutes from a wide variety of restaurants, shopping, and neighborhood parks, this property combines comfort, convenience, and excellent investment value!

Listing Agent

Nick Shivers

KELLER WILLIAMS PORTLAND CENTRAL License #200209063 Listed on: 10/24/2025

KELLER WILLIAMS PORTLAND CENTRAL

Co-Listing Agent

MATTHEW UMBERGER

KELLER WILLIAMS PORTLAND CENTRAL License #201243448

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,848

Year Built

  • Built in 1966

Lot Details

  • 5,663 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,744 Sq Ft Home
  • Dining Area

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 5 / 7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,848

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: 4-Plex
  • Range Facility: Range Included
  • Syndicated Remarks: Fantastic Income Opportunity! Don’t miss this well-maintained 4-plex featuring four 2-bedroom, 1-bath units, perfect for investors or owner-occupants! Three units are currently tenant-occupied, and the fourth is owner-occupied, offering immediate income potential. Each spacious unit includes a comfortable living room, dining area, and a well-equipped kitchen with all appliances and lots of cupboard space. Bedrooms are nicely sized, and the bathrooms feature a convenient tub/shower combo. Enjoy off-street parking, a fenced front yard area, and a shared coin-operated community laundry room for added convenience. Ideally located just minutes from a wide variety of restaurants, shopping, and neighborhood parks, this property combines comfort, convenience, and excellent investment value!
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Patio: Patio
  • Fenced Yard: Partial
  • Roof: Composition

Utilities

  • Heating: Baseboard
  • Water: City
  • Water Heater: Electric
  • Sewer: City

Lot Info

  • Acres: 0.13
  • Lot: 5
  • Zoning: RM2
  • Property Use Type: Any Use–all The Following
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Amount: 4848

Multi Family

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

MLS Schools

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

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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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 $4,848 $254,310 -- --
2024 $4,848 $246,910 -- --
2023 $4,705 $239,720 $0 $0
2022 $4,436 $232,740 $0 $0
2021 $4,309 $225,970 $0 $0
2020 $4,184 $219,390 $0 $0
2019 $4,037 $213,000 $0 $0
2018 $4,108 $0 $0 $0
2017 $3,708 $0 $0 $0
2016 $3,532 $0 $0 $0
2015 $3,558 $0 $0 $0
2014 $3,444 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2025 10/24/25 For Sale $650,000 -- $174 / Sq Ft
Source: Willamette Valley MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $220,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $212,135 FHA
Source: Public Records

About the Listing Agent

Nick Shivers
Nick Shivers

KELLER WILLIAMS PORTLAND CENTRAL

(503) 738-1720

Section Image

Simply put, Nick and his team love people. Their passions are to SERVE unselfishly, GUIDE as if the client is a family member, and GIVE BACK generously. They understand that the purchase or sale of a home is the most significant investment many people make in their lifetime. They take that seriously, offering their very best from every team member to provide exceptional service. Although factual information and strategic negotiation are high priorities, so are helping set expectations and

View Nick's Profile

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Source: Willamette Valley MLS

MLS Number: 834800

Willamette Valley MLS

APN: 567559

Oregon Marion County Salem 97301 Northeast Neighbors

664 Thompson Ave NE Unit 672, Salem, OR

For Sale

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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Nick Shivers
Nick Shivers
Listing Agent Section Image
KELLER WILLIAMS PORTLAND CENTRAL
(503) 738-1720