923 Fir St S Salem, OR 97302
South Central NeighborhoodEstimated payment $4,262/month
Total Views
8,836
7
Beds
6
Baths
3,752
Sq Ft
$193
Price per Sq Ft
Highlights
- Territorial View
- Laundry Facilities
- Level Lot
- Baseboard Heating
- High Speed Internet
- Wood Siding
About This Home
Great investment opportunity to acquire a six-unit multi-family property conveniently located near downtown, with easy access to parks and public transportation. The property consists of five 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, with some featuring hardwood floors. Additionally, there is an on-site laundry room available for tenants. Please refrain from disturbing the tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,507
Year Built
- Built in 1960
Lot Details
- 0.29 Acre Lot
- Level Lot
Home Design
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,752 Sq Ft Home
- 2-Story Property
- Territorial Views
- Crawl Space
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Parking
- 6 Parking Spaces
- On-Street Parking
Schools
- Mckinley Elementary School
- Leslie Middle School
- South Salem High School
Utilities
- No Cooling
- Baseboard Heating
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Assessor Parcel Number 582599
Community Details
Building Details
- Operating Expense $13,667
- Gross Income $75,540
- Net Operating Income $61,873
Additional Features
- 5,604 Units
- Laundry Facilities
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2025 11/14/25 | Price Changed | $725,000 | -9.4% | $193 / Sq Ft | |
| 07/31/2025 07/31/25 | Price Changed | $799,900 | -1.2% | $213 / Sq Ft | |
| 05/20/2025 05/20/25 | For Sale | $810,000 | +88.4% | $216 / Sq Ft | |
| 03/10/2017 03/10/17 | Sold | $430,000 | -1.8% | $115 / Sq Ft | View Prior Sale |
| 02/12/2017 02/12/17 | Pending | -- | -- | -- | |
| 02/08/2017 02/08/17 | For Sale | $438,000 | -- | $117 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 638981549
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