Two separate single family homes plus a duplex, all on 2.25 acres. 4 unit investment opportunity, fully rented, with positive cash flow. Each unit has own separate meters. Tenants pay all utilities. Seller pays property taxes & insurance. On well/septic. A great return on your investment. Buyer to do own due diligence. One well is shared between all properties. In the last 10 years; pump, electrical and pressure tank have been replaced. Two septic systems on property installed in last 10 years. Many updates in 3/1 unit, tenants since 7/2024. All roofs 10-12 Years old. Duplex tenants since 2017, house tenants for 11 yrs. All units month-month.
Sold
$793,000
1343 63rd Ave NE, Salem, OR 97317
12beds
4,713sqft
Multi Family
Built in 1965
-- sqft lot
$770,200 Zestimate®
$168/sqft
$1,900 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 25, 2025 at 04:25am
Listed by:
Aimee Baxter 503-580-6620,
Windermere Pacific West Prop.
Bought with:
Aimee Baxter
Windermere Pacific West Prop.
Source: RMLS (OR),MLS#: 24464631

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Radiant
Appliances
- Included: Electric Water Heater
- Laundry: Washer Dryer Hookup
Features
- Basement: Partially Finished
Interior area
- Total structure area: 4,713
- Total interior livable area: 4,713 sqft
Property
Parking
- Parking features: RV Access/Parking
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 2.25 Acres
- Features: Acres 1 to 3
Details
- Parcel number: 523479
- Zoning: RA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Lap Siding
- Roof: Composition
Condition
- Year built: 1965
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Salem
HOA & financial
Other financial information
- Total actual rent: 7120
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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$770,200
2% more+ $15,404
With Zillow Showcase(estimated)
$785,604