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  • $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

    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.

    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#: 24464631MLS Logo

    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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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

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