Presented by: Tradition Real Estate Partners LLC - 503-409-9222
Property Description
Rare 13-unit investment portfolio in NE Salem! Spread across 1.01 acres and 6 tax lots, this low-density property features a mix of 8 duplex units and 5 standalone single-family homes (all 2 bed/1 bath). Highlights include off-street parking, garages, carports, and on-site laundry. Features strong in-place income with $39k+ annual rental revenue upside in RM2 zoning. Ideal value-add portfolio offering long-term stability and growth. Buyer to verify all details. (13 total full baths, 1 per unit)
Interior Features
Bedrooms
Total Bedrooms2
Bathrooms
1/2 Baths0
Total Bathrooms9.0
Total Baths9
Other Interior Features
FuelDescriptionElectricity
Hot WaterElectricity
Window FeaturesAluminumFrames, VinylFrames
General
ADUNo
Accessory Dwelling Unit Y/NN
AppliancesFreeStandingRange, FreeStandingRefrigerator
Architectural StyleStories1, Stories2
AttributionContact503-409-9222
CitySalem
CountyMarion
DirectionsMarket st
DisclosuresDisclosure
Elementary SchoolOther
Full Baths9
Garage Spaces4.0
HOANo
HeatingBaseboard, WallHeater, Zoned
High SchoolNorth Salem
Legal DescriptionEVERGREEN ACRES, LOT FR 51, Tax lots 1200, 1300, 1400, 1500, 1600, 1700 TOTAL ACRES 1.01
Listing TermsCash, Conventional
Lot Size Square Feet43995.0
MLS Area_176
Middle/Junior High SchoolParrish
Parcel Number572,562
Property ConditionResale
Property SubtypeSingleFamilyResidence
Property TypeResidential
RoofComposition
SeniorCommunityYnNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount$20,020
Tax Year2025
Year Built1967
ZoningRM2
Exterior
Building Area Total11,363 sqft
Exterior DescriptionT111Siding, VinylSiding, WoodSiding
Foundation DetailsConcretePerimeter
Lot FeaturesLevel, PublicRoad, Secluded, Trees
Lot Size Acres1.01
Parking FeaturesDriveway, OffStreet
Road Surface TypeConcrete, Paved
Total Parking4.0
Water SourcePublicWater
Additional Details
Price History
Schools
High School
North Salem High School
Middle School
Parrish Middle School
Elementary School
N/A
Similar Properties
Oregon | 503.670.9000
Washington | 360.693.6139
Oregon | 503.670.9000
Washington | 360.693.6139