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Listed by Berkshire Hathaway HomeServices NW Real Estate

$650,000

Est. payment - /mo

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3,064 SqFt

Active

1213 OAKHILL AVE SE Salem, OR 97302

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Tommy Jedrzejczyk

tommy@tltre.com +1(503) 506-4646

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,064 sqft

Price per Sqft $212

Subdivision Morningside

MLS Listing ID 177256462

Year Built 1963

Annual Tax Amount $5,708

Lot Size 0.330 Acres

Property Description

Great investment opportunity whether you're growing your portfolio or just getting started. Investment property w/numerous updates. New roof (2016-2017). Sewer line replaced from all 4 units out to main (approx. 2019). All new water heaters(2016). Electric panels in all 4 units replaced (2020). All vertical blinds (2025). All new LED lights. Unit #1213 updated 2017 with new carpet, baseboard units, vinyl floor, refrigerator, dishwasher and cabinet bases. Unit #1219 has new flooring, ceiling fan, refrigerator, interior paint, baseboard units, re-finished countertop (2024). NEW gated vinyl privacy fencing for each unit patio area (summer 2025)!2 units have W/D hookups, other 2 units use shared onsite coin-op laundry room. Each unit includes 2 parking spots for tenants. 2 storage sheds on property. Lots of open play area. Rents are under market! No rent increases done since 2022. Located in a quiet, well-kept, area. Desirable South Salem neighborhood.

Location

State OR

County Marion

Community Commons, Laundry

Area _173

Zoning RM2

Rooms

Basement Crawl Space

Interior

Heating Baseboard

Exterior

Community Features Commons, Laundry

Roof Type Composition

Garage No

Building

Lot Description Level

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 1

Schools

Elementary Schools Morningside

Middle Schools Leslie

High Schools South Salem

Others

Acceptable Financing Cash, Conventional, FHA, VALoan

Listing Terms Cash, Conventional, FHA, VALoan

Virtual Tour https://media.pacwestrmg.com/1219-Oakhill-Ave-SE/idx

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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