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Listed by Epique Realty • 503-476-1020
$789,900
Est. payment /mo
3,936 SqFt
New
1207 D ST Salem, OR 97301
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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 _176
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 Other
Middle Schools Parrish
High Schools North Salem
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
NEARBY SCHOOL & BUSINESS