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Listed by Epique Realty • 503-476-1020

$789,900

Est. payment - /mo

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3,936 SqFt

New

1207 D ST 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

Square Footage 3,936 sqft

Price per Sqft $200

MLS Listing ID 605231333

Year Built 1962

Annual Tax Amount $4,818

Lot Size 0.300 Acres

Property 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. 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.

Location

State OR

County Marion

Community Laundry

Area _174

Zoning RM2

Rooms

Basement Crawl Space

Interior

Heating Wall Heater

Cooling Wall Unit

Exterior

Community Features Laundry

Roof Type Metal

Garage No

Building

Lot Description Level

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public Water

Level or Stories 2

Schools

Elementary Schools Englewood

Middle Schools Parrish

High Schools North Salem

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

NEARBY SCHOOL & BUSINESS

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