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North Lancaster Multifamily Homes & Duplexes for Sale

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    $565,000

    • 5 Beds
    • 3 Baths
    • 2,064 Sq Ft

    2910 Lancaster Dr NE Unit 2930, Salem, OR 97305

    Investment-ready triplex situated in a prime Salem corridor. The property has been well cared for including a new roof and gutters as well as renovated units. It benefits from excellent accessibility to services, transit, and major employment centers. A reliable income producer with strong rental demand. Directly across from 2870 Lancaster Dr NE, which is also available. Interior photos available.

    HUNTER GRAY SMI REAL ESTATE

    2910 Lancaster Dr NE Unit 2930, Salem, OR 97305
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    $595,000

    • 6 Beds
    • 3 Baths
    • 2,208 Sq Ft

    2870 Lancaster Dr NE Unit 2890, Salem, OR 97305

    Well-maintained triplex in a highly accessible Salem location. Updates include a new roof and renovated interior. Each unit offers dependable rental appeal with proximity to shopping, transit, and major employers. A strong investment property located directly across the street from 2910 Lancaster Dr NE, also available for purchase. Interior photos available.

    HUNTER GRAY SMI REAL ESTATE

    2870 Lancaster Dr NE Unit 2890, Salem, OR 97305

Why Live in North Lancaster

North Lancaster in Salem features a mix of homes built from the 1960s to the 2000s, including midcentury cottages, minimal traditional houses, ranch-style homes, and two-story traditional homes. Lot sizes vary, with older homes typically on larger lots around 9,000 square feet and newer homes on 5,000-square-foot lots. Garages are common, and most streets have sidewalks with sporadic tree coverage. McKay Park, a 24-acre green space, offers soccer fields, baseball fields, basketball courts, a playground, and walking paths. The Brown Road Community Garden allows residents to grow their own produce with support from Marion Polk Food Share. North Lancaster is close to major shopping centers, including Willamette Town Center, and stores like Ross, PetSmart, Dollar Tree, and Walmart. Hispanic markets and restaurants, such as La Tapatia Supermarket and Mariscos Las Islas Marias, add to the neighborhood's dining options. Public transportation is accessible via several Cherriots bus routes, and major roads like Sunnyview and Silverton Roads provide easy east-west travel. Downtown Salem is about 4 miles away, and I-5 offers a route to Portland, 46 miles north, or Eugene, 70 miles south. While local schools have average ratings, McKay High School offers various career and technical education programs.

Home Trends in North Lancaster, OR

Housing Trends

Median Sale Price
$389,000
Median Single Family Sale Price
$396,000
Average Price Per Sq Ft
$288
Number of Homes for Sale
7
Last 12 months Home Sales
51
Months of Supply
1.60
Median List Price
$400,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%
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