$1,100,000
2005 Summer St SE Unit 2045, Salem, OR 97302
Incredible investment opportunity! This 5-unit multi-family property features low taxes and minimal operating expenses. A 6th unit conversion is currently underway—permits in progress—offering added future rental income. Strong rental history and easy-to-maintain layout. Don’t miss the upside potential!
NOELLE PHILLIPS JMG JASON MITCHELL GROUP-ALBANY
Explore South Central
$799,900
923 Fir St S, Salem, OR 97302
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.
Matt Killen Crown Real Estate Group
$799,900
923-945 Fir St S, Salem, OR 97302
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.
Matt Killen CROWN REAL ESTATE GROUP
$1,650,000
1155 Howard St SE Unit 1173, Salem, OR 97302
Oxford Apartments is a two-story, ten-unit complex sitting on .34 acres in a quiet and desirable South Salem neighborhood. Built in 1962, the Property features nine one-bedroom/one-bathrooms units and a single two-bedroom/one-bathroom unit. Ownership of the property has remained stable since the 1970s, contributing to its exceptional upkeep. Current rents are still 12% below market rates. Recent
Ian Crist Bridge Creek Realty
On average, homes in South Central, Salem sell after 74 days on the market compared to the national average of 52 days. The median sale price for homes in South Central, Salem over the last 12 months is $440,000, up 11% from the median home sale price over the previous 12 months.
In South Central, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $799,900 to $1,650,000, there's something for every budget. As of September, 2025 the median home price in South Central, Salem is $484,445, while the average sale price is $493,161, providing insight into local market trends. On average, multi-family homes spend 74 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in South Central, Salem.
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