Overview
- 3936 Sqft
- 1962
- MultiFamily
- 605231333
- 0.3 Acres
- Epique Realty
- Benjamin Nelson
Description
Turnkey 6-unit multifamily in Salem’s Northeast Neighbors district — 100% occupied, fully documented financials. Several units recently refreshed (new flooring, appliances, paint); in-place rents below market with upside as leases turn. 2025 saw heavy one-time capital investment; 2026 shows strong recovery already underway. New owner benefits from current owner’s investments! Directly across from Parrish Middle School and North Salem High School, within a mile of the Oregon State Capitol, Willamette University, Salem Hospital, and Oregon State Hospital — major, stable employment anchors.
Details
Updated on September 2, 2026 at 7:13 am-
MLS# 605231333
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Price $789,900
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Property Size 3936 Sqft
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Land Area 0.3 Acres
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Garage Size x x
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Year Built 1962
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Property Type MultiFamily
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Property Status Active
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Office Name Epique Realty
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Agent Name Benjamin Nelson
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Office Phone 503-819-9191
Additional details
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Listing Terms Cash, Conventional
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Roof Metal
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Sewer Public Sewer
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Cooling Wall Unit
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Heating Wall Heater
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County Marion
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Property Type MultiFamily
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Parking Off Street
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Elementary School Englewood
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Middle School Parrish
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High School North Salem
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Community Features Laundry
Walkscore
Mortgage Calculator
Monthly
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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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