$575,000

730 Cottage St NE Unit 734 Salem, OR 97301

Downtown Salem Neighborhood

Estimated payment $3,479/month

Total Views 1,767
5 Beds
4 Baths
3,271 Sq Ft
$176 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Formal Dining Room
  • 1-minute walk to Dabney State Recreation Area
  • Wood Flooring
  • High Speed Internet

About This Home

Charming triplex near downtown Salem! Main 3BD/2BA home with basement offering ADU potential + two rented 1BD/1BA cottages. Cosmetic refresh could unlock big value. Prime location near Willamette Univ & Salem Hospital — ideal house hack or investment! MLS 834145

Listing Agent

Kevin Pena Aceves

EXP REALTY, LLC License #201233970 Listed on: 10/01/2025

EXP REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,312

Year Built

  • Built in 1925

Parking

  • RV Access or Parking

Home Design

  • Triplex

Interior Spaces

  • 3,271 Sq Ft Home
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Schools

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

Additional Features

  • 10,019 Sq Ft Lot
  • Accessory Dwelling Unit (ADU)
  • High Speed Internet

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,312

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Triplex
  • Dual Living: Adu - Detached
  • Syndicated Remarks: Charming triplex near downtown Salem! Main 3BD/2BA home with basement offering ADU potential + two rented 1BD/1BA cottages. Cosmetic refresh could unlock big value. Prime location near Willamette Univ & Salem Hospital — ideal house hack or investment! MLS 834145
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwasher: Yes
  • Disposal: Yes
  • Flooring: Carpet, Wood
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Basement: Unfinished
  • Dining Room: Formal

Exterior Features

  • Exterior Color: White
  • Foundation: Continuous

Utilities

  • High Speed Comm Access: Available
  • Water: City
  • Sewer: City

Lot Info

  • Acres: 0.23
  • Lot: 3
  • Zoning: CLJ
  • Rvcamper Pad: Area/Room For
  • Geo Subdivision: OR

Tax Info

  • Tax Years: 2024
  • Tax Amount: 5312

Multi Family

  • Number Of Units: 3

MLS Schools

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

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 $5,312 $278,660 -- --
2024 $5,312 $270,550 -- --
2023 $5,155 $262,670 $0 $0
2022 $4,861 $255,020 $0 $0
2021 $4,722 $247,600 $0 $0
2020 $4,584 $240,390 $0 $0
2019 $4,423 $233,390 $0 $0
2018 $4,501 $0 $0 $0
2017 $4,063 $0 $0 $0
2016 $3,870 $0 $0 $0
2015 $3,899 $0 $0 $0
2014 $3,773 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 For Sale $575,000 -- $176 / Sq Ft
Source: Willamette Valley MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $325,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 Purchase Money Mortgage
Source: Public Records

Source: Willamette Valley MLS

MLS Number: 834147

Willamette Valley MLS

APN: 570403