$425,000
1455 Waller St SE, Salem, OR 97302
Great opportunity for new or seasoned investors! Two units, each with their own yard and parking area. Access upper unit from the front and lower unit from the back alley. Modern, updated and low maintenance. Please respect tenant's privacy, both long term and great people. Welcome to the world of Real Estate investing! .
JOSE GONZALEZ TU CASA CORPORATION
Explore Southeast Salem
$625,000
771 21st St SE, Salem, OR 97301
4 plex investor opportunity in central Salem with potential to assume FHA mortgage at 2.75%! This detached 4-plex offers four 1-bedroom, 1-bath units—each with its own private entrance, electric meter, and water heater. The original home was extensively remodeled and partially rebuilt in 1990–91, blending character with modern updates.Recent improvements include a newer roof (approx. 5–10 years
Joe Skipper EXP REALTY, LLC
$629,900
308 19th St SE, Salem, OR 97301
Investment property close to downtown and Willamette Univ. Could be a good owner-occupied investment. Home has updated electrical. Each unit has separate mini split ac/heater. All on separate elec. meters. No separate water meter. Has large garage/shop which could be potentially rented for extra. Parking space in front of garage/shop for 3 cars. Tenants in unit 1 to be moved out soon. Tenant in
ERIC DIXON PIKES NORTHWEST, INC
$1,150,000 New Construction
1094 15th St SE, Salem, OR 97302
BRAND NEW and ready for its new owner! Each unit featuring 3 bedrooms 2 full bathrooms. 2 story homes with 2 large fully covered decks per unit. Home includes marble LVP, lots of kitchen cabinet space, farmhouse sink, butcher block countertops, gorgeous blue tile, large kitchen, spacious kitchen island and eat in island. fully fenced and landscaped for privacy, gorgeous magnolia trees, laundry in
cherise kish KELLER WILLIAMS REALTY MID WILLAMETTE
On average, homes in Southeast Salem, Salem sell after 57 days on the market compared to the national average of 52 days. The median sale price for homes in Southeast Salem, Salem over the last 12 months is $350,000, up 10% from the median home sale price over the previous 12 months.
In Southeast Salem, there are currently 4 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $425,000 to $1,150,000, there's something for every budget. As of September, 2025 the median home price in Southeast Salem, Salem is $349,900, while the average sale price is $342,085, providing insight into local market trends. On average, multi-family homes spend 57 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 Southeast Salem, 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
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