Worth another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. One 4-bed unit is vacant, ideal for owner-occupant or renting at market rate. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maint, low-expense property in a convenient location with great cash flow & market upside. Rare unit mix: (3) 4-bed + (1) 2-bed. Separate electrical meters. More info available-call today!
Active
Price increase: $25K (7/1)
$950,000
241 25th St NW, Salem, OR 97301
14beds
4,292sqft
Est.:
Multi Family
Built in 1996
-- sqft lot
$-- Zestimate®
$221/sqft
$-- HOA
What's special
Ample parkingOn-site laundryBrand new exterior paintNewer roof
- 134 days
- on Zillow |
- 152 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: July 01, 2025 at 03:10am
Listed by:
Susan Long 541-740-7722,
Keller Williams Realty Mid-Willamette
Source: RMLS (OR),MLS#: 254623360

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 8
- Full bathrooms: 4
- Partial bathrooms: 4
Appliances
- Included: Dishwasher, Range, Refrigerator, Electric Water Heater
- Laundry: Common Area
Interior area
- Total structure area: 4,292
- Total interior livable area: 4,292 sqft
Property
Parking
- Total spaces: 12
- Parking features: Off Street, Paved
Features
- Stories: 1
Lot
- Size: 9,147.6 Square Feet
- Features: SqFt 7000 to 9999
Details
- Parcel number: 571801
- Zoning: RM
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Cement Siding, Lap Siding
- Roof: Composition
Condition
- Existing
- Year built: 1996
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Laundry
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $221/sqft
- Annual tax amount: $8,347
- Date on market: 3/21/2025
- Listing terms: Cash,Conventional,FHA,VA Loan
- Total actual rent: 4818
- Road surface type: Paved
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