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Multifamily Homes & Duplexes for Sale in 97301

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  • /19

    $650,000

    • 8 Beds
    • 4 Baths
    • 3,744 Sq Ft

    664 Thompson Ave NE Unit 672, Salem, OR 97301

    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

    Agent Photo

    Nick Shivers

    KELLER WILLIAMS PORTLAND CENTRAL

    (503) 738-1720

    664 Thompson Ave NE Unit 672, Salem, OR 97301
  • /45

    $599,000

    • 8 Beds
    • 4 Baths
    • 3,920 Sq Ft

    3928 Auburn Rd NE Unit 3934, Salem, OR 97301

    Multiple Offers, deadline to submit is 11/25/2025 at 11am. INVESTOR ALERT, an Incredible 4 Plex Opportunity! Rare chance to own a single level four plex on a large 9,583 sq ft lot tucked down a private lane. Close to shopping, bus line, and everyday conveniences. Each spacious 2 bedroom, 1 bath unit is approximately 980 sq ft and includes assigned parking for two cars plus access to a shared

    Mark Shadrin BERKSHIRE HATHAWAY HOMESERVICES R E PROF

    3928 Auburn Rd NE Unit 3934, Salem, OR 97301
  • /6

    $465,000

    • 4 Beds
    • 2 Baths
    • 2,000 Sq Ft

    3441 Livingston St NE Unit 3447, Salem, OR 97301

    Well-located duplex in Salem featuring two units, each with 2 bedrooms, 1 bathroom, and an attached 1-car garage. Each unit offers a private backyard, providing outdoor space and privacy. Conveniently situated near schools, shopping, and major commuter routes. Excellent opportunity for an investor or owner-occupant.

    Shawn Richardson Opt

    3441 Livingston St NE Unit 3447, Salem, OR 97301
  • /30

    $414,000

    • 3 Beds
    • 2 Baths
    • 1,454 Sq Ft

    4565 Swallow Ct NE, Salem, OR 97301

    This beautifully upgraded home pairs modern features with warmth and charm. The open concept floorplan flows beautifully between the living room and updated kitchen. The laundry room makes daily living more organized and efficient. Cozy up by the brand new certified wood stove this fall. Close to main roads, but tucked back on a private cul de sac away from the hustle and bustle for your own

    ALEJANDRO LUMBRERAS HomeSmart Realty Group

    4565 Swallow Ct NE, Salem, OR 97301
  • /36

    $508,000

    • 5 Beds
    • 3 Baths
    • 2,474 Sq Ft

    2808 Livingston St NE, Salem, OR 97301

    Great opportunity on this duplex located on a large corner lot w/ two driveways, two car garage w/ parking & 4 car carport and street parking. The interior/exterior remodel includes updated paint, roof on home, gutters, doors, some windows, flooring throughout, kitchen countertops, sinks, vanities & more. 2808 is the larger unit w/ ample room, family room, living room, laundry room and storage.

    Brian Smith COLDWELL BANKER MOUNTAIN WEST REAL ESTATE, INC.

    2808 Livingston St NE, Salem, OR 97301
  • /3

    $445,000

    • 4 Beds
    • 2 Baths
    • 1,200 Sq Ft

    1940 Church St NE, Salem, OR 97301

    Can't be missed investment opportunity! Available 4.5% rate! This property offers two homes on one lot with strong rental income. The main house features 3 bedrooms and is currently rented for $1,925/month. Recently renovated with newer laminate flooring, updated cabinets and counters, modern appliances, upgraded windows, and an updated electrical panel. The charming studio cottage brings in an

    Sabrina James SMI REAL ESTATE

    1940 Church St NE, Salem, OR 97301
  • /29

    $505,000

    • 4 Beds
    • 2 Baths
    • 1,930 Sq Ft

    1015 Park Ave NE Unit 1025, Salem, OR 97301

    Turnkey duplex with prime location! Fully remodeled, freshly repainted, and boasting a 95%+ occupancy rate, this income-producing property is just minutes from shopping, restaurants, and freeway access. One unit is tenant occupied providing instant rental income while the other side is move in ready and perfect for an owner occupant or additional rental potential.

    DAMIAN PAVLOV EXP REALTY, LLC

    1015 Park Ave NE Unit 1025, Salem, OR 97301
  • /21

    $785,000

    • 2 Beds
    • 2 Baths

    3027 D St NE, Salem, OR 97301

    Investor/Developer Alert!Fully engineered plan documents, ready to submit for permits. Duplex and adjacent development lot. Duplex provides solid rental income. Land conditionally approved for a 12-unit building, buyer to do due diligence. Great opportunity for income and future development!

    HUNTER GRAY SMI REAL ESTATE

    3027 D St NE, Salem, OR 97301
  • /15

    $355,000

    • 2 Beds
    • 1 Bath
    • 818 Sq Ft

    2635 5th St NE, Salem, OR 97301

    Welcome to your warm and inviting new single level home! The heart of the house, the kitchen, features all-new appliances and beautiful new countertops, perfect for home-cooked meals and gatherings. Every detail was updated with comfort in mind. Outside, brand-new siding adds and new vinyl windows add charm and durability. This home is move-in ready and filled with the kind of cozy touches that

    Hector Garcia John L. Scott Salem

    2635 5th St NE, Salem, OR 97301
  • /25

    $579,900

    • 5 Beds
    • 3 Baths
    • 3,161 Sq Ft

    308 19th St SE, Salem, OR 97301

    *** 50K PRICE REDUCTION *** Investment Opportunity - Tri-plex close to downtown and Willamette University. Each unit has updated electrical panel boxes, separate mini split heater/ac units. Has separate 3 car garage/shop. Could possibly be a good owner occupied investment with FHA or VA financing. Owner also willing to negotiate on carrying a contract for buyer. Seller willing to work with buyer

    ERIC DIXON PIKES NORTHWEST, INC

    308 19th St SE, Salem, OR 97301
  • /7

    $950,000

    • 14 Beds
    • 8 Baths
    • 4,292 Sq Ft

    241 NW 25th St, Salem, OR 97301

    Worth another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. One 4-bed unit is vacant, ideal for owner-occupant or renting at market rate. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maint, low-expense property in a convenient location with great cash flow &

    Sue Long Keller Williams Realty Mid-Willamette

    241 NW 25th St, Salem, OR 97301
  • /2

    $495,000

    • 4 Beds
    • 3 Baths
    • 2,272 Sq Ft

    315 15th St SE, Salem, OR 97301

    Solid investment opportunity with an available 4.65% rate and soon to be new roof! Just a few blocks from Willamette University, Bush Elementary, and the Amtrak station, this property offers unbeatable convenience and strong rental potential. The main level generates $2,200 monthly, while the finished basement brings in $1,300, creating steady income from day one. With its prime location,

    Sabrina James SMI REAL ESTATE

    315 15th St SE, Salem, OR 97301
  • /2

    $575,000

    • 5 Beds
    • 4 Baths
    • 3,271 Sq Ft

    730 Cottage St NE Unit 734, Salem, OR 97301

    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

    Kevin Pena Aceves EXP REALTY, LLC

    730 Cottage St NE Unit 734, Salem, OR 97301
  • /7

    $950,000

    • 14 Beds
    • 8 Baths
    • 4,292 Sq Ft

    241 NE St, Salem, OR 97301

    Worth another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. Fully rented with solid residents. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maintenance, low-expense property in a convenient location with great cash flow & market upside. Rare unit mix: (3) 4-bed

    Sue Long KELLER WILLIAMS REALTY MID WILLAMETTE

    241 NE St, Salem, OR 97301
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