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Listed by BRIAN SMITH • HOMESMART REALTY GROUP • Agent: 503-551-8510

$ 799,900

Est. payment -/mo

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Price Dropped by $15K

1725-1731 Salishan St SE SE Salem, OR 97302

8 Beds

6 Baths

4,336 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4-Plex

Listing Status Active

Purchase Type For Sale

Square Footage 4,336 sqft

Price per Sqft $184

Subdivision Laguna Village South Ii S

MLS Listing ID 843873

Bedrooms 8

Year Built 1976

Annual Tax Amount $6,982

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type 4-Plex

Property Description

Multiunit investment opportunity! This townhouse-style fourplex is tucked along a tree-lined street in South Salem near Pringle Creek. Spacious, well-maintained units each offer 2 bedrooms, 1.5 bathrooms, washer/dryer hookups, a private deck, and an attached single-car garage. Low-maintenance landscaping, ample parking, a strong rental history, and low vacancy make this an outstanding investment. New roof in 2020. Two units are below market rent, offering excellent upside potential.

Location

State OR

County Marion

Area 40 Southeast Salem

Rooms

Dining Room Area (Combination)

Interior

Hot Water Electric

Heating Electric, Wall Furnace, Ductless/Mini-Split

Flooring Carpet, Vinyl

Laundry W/D Hookup

Exterior

View Water Frontage

Roof Type Composition

Building

Foundation Continuous

Sewer City

Water City

New Construction No

Schools

Elementary Schools Morningside

Middle Schools Leslie

High Schools South Salem

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

NEARBY SCHOOLS & PROPERTIES

Jared Hambrook

Principal Broker License ID: 201211534

+1(503) 930-2124