$1,100,000
2005 Summer St SE Unit 2045, Salem, OR 97302
Great Investment Opportunity! 5 unit complex across from South Salem High School. Four 1 bedroom/1 bath units; One 2 bedroom/1 bath unit.
NOELLE PHILLIPS JMG JASON MITCHELL GROUP-ALBANY
$810,000
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
$810,000
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
$399,000
1625 12th St SE, Salem, OR 97302
Unique rental housing opportunity. 5 room boarding home located 1 mile from the Willamette University campus. Off street parking will accommodate all tenants. CR Zoning provides flexibility for future uses (Previously used for Title Office). Please do not disturb the tenants.
Chris Salaz SMI REAL ESTATE
$1,170,000
1104-1120 Waller St SE, Salem, OR 97302
Southeast Salem 9-plex - Seven 2 bdrm/1 bath and Two 1 bdrm/1 bath. 766 to 834 SF units. 10 on-site parking spaces with additional street parking available. Complex has direct access to Bush Park with walking paths. New Roof and exterior paint in 2017. On-site laundry room. Rents $975 to $1195 per unit. Currently 100% occupied with one vacancy coming next month. Please do not disturb
Ruth Dana FIRST COMMERCIAL REAL ESTATE
On average, homes in South Central, Salem sell after 120 days on the market compared to the national average of 70 days. The median sale price for homes in South Central, Salem over the last 12 months is $331,050, down 19% from the median home sale price over the previous 12 months.
In South Central, there are currently 6 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $399,000 to $1,650,000, there's something for every budget. As of July, 2025 the median home price in South Central, Salem is $342,285, while the average sale price is $428,150, providing insight into local market trends. On average, multi-family homes spend 120 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.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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