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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

    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.

    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#: 823472MLS Logo

    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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    Sell for more on Zillow

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