One Tenant leases all four renovated units and pays sewer/water, and common area electric. 6.9 CAP! Older architecturally beautiful home converted to apartments decades ago. Near Salem Hospital, Willamette University, Capitol buildings, downtown. Over $50,000 in recent upgrades. Property consists of 2 legal parcels being consolidated, making the structure conforming. Final recording of approved plat expected by 1/1/25. 500-year and 100-year flood plain. County build date of 1956 not guaranteed by Seller.
Sold for $511,000 on 02/28/25
Listed by:
KENNETH MARSHALL 541-754-7314,
Vintage Realty Northwest,
ASHLEY LACER,
Land And Wildlife Llc Tm, Exclusive Partner Of Landleader Tm
$511,000
190 14th St SE, Salem, OR 97301
3beds
4baths
2,149sqft
Quadruplex
Built in 1956
-- sqft lot
$548,400 Zestimate®
$238/sqft
$2,487 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 01, 2025 at 10:05am
Listed by:
KENNETH MARSHALL 541-754-7314,
Vintage Realty Northwest,
ASHLEY LACER,
Land And Wildlife Llc Tm, Exclusive Partner Of Landleader Tm
Bought with:
CORY CARLSON
Constant Commercial Real Estate Inc
Source: WVMLS,MLS#: 823472

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Electric
Appliances
- Included: Electric Range, Electric Water Heater, Refrigerator
- Laundry: Common Area
Features
- High Speed Internet
- Flooring: Carpet, Laminate, Vinyl
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,149
- Total interior livable area: 2,149 sqft
Property
Parking
- Parking features: Off-Street
Features
- Fencing: Partial
Lot
- Size: 7,405 sqft
- Dimensions: 46 x 159
Details
- Additional structures: Shed(s)
- Parcel number: 595171
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding, Lap Siding
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Salem
HOA & financial
Other financial information
- Total actual rent: 4540
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Services availability

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$548,400
2% more+ $10,968
With Zillow Showcase(estimated)
$559,368