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Listed by Paramount Real Estate Services

$725,000

Est. payment - /mo

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0.82 Acres Lot

Active

4125 4135 PORTLAND RD NE Salem, OR 97301

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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

MLS Listing ID 512366581

Year Built 1950

Annual Tax Amount $6,116

Tax Year 2025

Lot Size 0.820 Acres

Property Description

Investment opportunity! 2 tax lots for a total of .82 acre. This Salem MU-lll mixed use zoning allows for residential, retail, offices etc. You decide upon buyer due diligence! There are currently two-2/1 duplexes, a 3/1 house & a 2/1 studio apt. The shed up front (no value) houses 1 of 2 wells, the 2nd one is in the basement of rented house. Cash only, AS-IS sale. Potential abounds! Do not disturb tenants. Drive by viewing only.

Location

State OR

County Marion

Area _174

Zoning MU-III

Rooms

Basement Unfinished

Interior

Heating Wall Furnace

Exterior

View Territorial

Roof Type Composition

Garage No

Building

Lot Description On Busline

Sewer Public Sewer

Water Well

Schools

Elementary Schools Highland

Middle Schools Parrish

High Schools North Salem

Others

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://lensview.aryeo.com/sites/rqlkakbx/unbranded

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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