Estimated payment $3,733/month
4 plex investor opportunity in central Salem with potential to assume FHA mortgage at 2.75%! This detached 4-plex offers four 1-bedroom, 1-bath units—each with its own private entrance, electric meter, and water heater. The original home was extensively remodeled and partially rebuilt in 1990–91, blending character with modern updates.Recent improvements include a newer roof (approx. 5–10 years old), updated water heaters, new flooring, and ongoing maintenance that shows pride of ownership.
| 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 | $3,376 | $171,950 | -- | -- |
| 2023 | $3,277 | $166,950 | $0 | $0 |
| 2022 | $3,090 | $162,090 | $0 | $0 |
| 2021 | $3,001 | $157,370 | $0 | $0 |
| 2020 | $3,004 | $152,790 | $0 | $0 |
| 2019 | $2,898 | $148,340 | $0 | $0 |
| 2018 | $2,861 | $0 | $0 | $0 |
| 2017 | $2,582 | $0 | $0 | $0 |
| 2016 | $2,460 | $0 | $0 | $0 |
| 2015 | $2,433 | $0 | $0 | $0 |
| 2014 | $2,236 | $0 | $0 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/04/2025 08/04/25 | For Sale | $625,000 | +49.1% | $274 / Sq Ft |
| 02/04/2022 02/04/22 | Sold | $419,075 | -1.4% | $184 / Sq Ft |
| 09/24/2021 09/24/21 | For Sale | $425,000 | -- | $186 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $419,750 | First American Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Construction | |
| Open | $412,146 | FHA |
$629,900
Investment property close to downtown and Willamette Univ. Could be a good owner-occupied investment. Home has updated electrical. Each unit has separate mini split ac/heater. All on separate elec. meters. No separate water meter. Has large garage/shop which could be potentially rented for extra. Parking space in front of garage/shop for 3 cars. Tenants in unit 1 to be moved out soon. Tenant in
ERIC DIXON PIKES NORTHWEST, INC
$559,000
New Price! Two residences on one tax lot. Main house (2210 Winter) has 5 bedrooms, 2 & 1/2 bathrooms, living room, dining room, spacious storage room, backyard patio, attached 2 car garage, & recently rented @ $2745/month. 2220 Winter is a charming A-frame style house with 1 bedroom, 1 bathroom, upstairs loft space, covered back yard space. Tremendous opportunities for both owner occupancy &
Gene Moreland THE AGENCY PORTLAND
$559,000
New Price! Two residences on one tax lot. Main house (2210 Winter) has 5 bedrooms, 2 & 1/2 bathrooms, living room, dining room, spacious storage room, backyard patio, attached 2 car garage, & recently rented @ $2745/month. 2220 Winter is a charming A-frame style house with 1 bedroom, 1 bathroom, upstairs loft space, & covered back yard space. Tremendous opportunities for both owner occupancy &
Gene Moreland The Agency Portland
$535,000
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 has a new roof, 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
Kenneth Marshall VINTAGE REALTY NORTHWEST
$595,000
Accepted Offer with Contingencies. Rare opportunity to own three homes on one lot! Two 1945-built one-bedroom cottages and one newly built 2-bedroom casita. 635 E was recently renovated and rent went from $575 to $1245! New 2-bedroom unit in finishing stages now. Great opportunity for first time buyers or investors! Great potential or in-law(s) to live in separate, but close home. Each unit has
Kenneth Marshall VINTAGE REALTY NORTHWEST
$569,999
Two houses! located in Sought after Candelaria school district. Main house was fully remodeled in 2019, all new plumbing, electrical, furnace, AC, kitchen, granite countertops throughout, bathroom, siding, LVP flooring, paint everything was touched! ADU was built in 2021 it is 2 bed,1 bath home 748sqft with 11-foot ceilings. Mini split for heating and cooling and LVP flooring, also granite
David Schacher COLDWELL BNKR/COMMERCIAL DIV
$679,900
Newly completely remodeled duplex on double lot! Front unit has 4 bedrooms (downstairs can be office) and two full baths plus laundry room with W/D hook ups. Back unit has 2 bedrooms and 2 full bathrooms plus laundry room with W/D hook ups. Ductless Heat/AC units in each room, Cadet heaters in each bathroom. Newer from the top down! Covered and secure breezeway between units.Great investment with
Chris Forrette Coldwell Banker Mountain West
$679,900
Newly completely remodeled duplex on double lot! Front unit has 4 bedrooms (downstairs can be office) and two full baths plus laundry room with W/D hook ups. Back unit has 2 bedrooms and 2 full bathrooms plus laundry room with W/D hook ups. Ductless Heat/AC units in each room, Cadet heaters in each bathroom. Newer from the top down! Covered and secure breezeway between units. Great investment
Chris Forrette COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.
$518,000
Solid investment duplex in a strong rental market! This well-maintained property features two separately metered units: a spacious 3-bedroom unit estimated to rent for $2,400/month, and a cozy 1-bedroom unit projected at $1,200/month. Current market rents generate a combined $44,400 in annual gross income with tenants covering all utilities except water/sewer. Refer to WVMLS #827762 With a
Melina Tomson TOMSON BURNHAM, LLC
Source: Willamette Valley MLS
MLS Number: 832217
APN: 583175
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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