Overview
- 2.0
- 6007 Sqft
- 2009
- MultiFamily
- 480831628
- 0.14 Acres
- Realty Marketing / Northwest
- John Rosenthal
Description
This two-story duplex is being offered as part of a 13-property, 43-unit residential portfolio that is 98% leased and will be sold via Sealed Bid Auction on June 3, 2026. Built in 2009, the duplex is located in NE Salem near NE Broadway with convenient access to I-5, downtown Salem, the State Capitol, and Willamette University. Each unit offers 4 bedrooms, 2 full bathrooms and one half bath, and an attached garage. The duplex has historically been leased to college students at $625 per bedroom ($2,500 per unit). Current one-year leases have been renewed through May 31, 2027. The property includes a small fenced backyard. Projected 2026 gross income is $60,000, with real estate taxes of $6,783. Landlord pays water, sewer, trash, and landscaping.
Details
Updated on May 30, 2026 at 2:29 am-
MLS# 480831628
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Property Size 6007 Sqft
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Land Area 0.14 Acres
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Car Garage 2.0
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Garage Size x x
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Year Built 2009
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Property Type MultiFamily
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Property Status Active
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Office Name Realty Marketing / Northwest
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Agent Name John Rosenthal
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Office Phone 503-224-1906
Additional details
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Listing Terms Cash
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Roof Composition
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Sewer Public Sewer
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Cooling Central Air
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Heating Forced Air
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County Marion
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Property Type MultiFamily
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Parking Garage
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Elementary School Other
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Middle School Parrish
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High School North Salem
Walkscore
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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PMI
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Monthly HOA Fees
Contact Information
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