Prime investment opportunity in South Salem! This 4-plex offers four spacious 993 sq ft units, each with a comfortable layout and solid rental history. Ideal for expanding your portfolio or starting out with income-producing property in a high-demand area. Convenient access to shopping, schools, and commuter routes adds to long-term rental appeal.
Sold for $850,000 on 08/01/25
Listed by:
DEWEY WHITTON Cell:503-470-7102,
The Salem Real Estate Group
$850,000
4802 Skyline Rd S, Salem, OR 97306
8beds
6baths
3,972sqft
Quadruplex
Built in 1972
-- sqft lot
$850,000 Zestimate®
$214/sqft
$2,389 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 04:00pm
Listed by:
DEWEY WHITTON Cell:503-470-7102,
The Salem Real Estate Group
Bought with:
JASON LEON
Homesmart Realty Group
Source: WVMLS,MLS#: 828584

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Dining room
- Features: Area (Combination)
Heating
- Baseboard, Electric
Appliances
- Included: Dishwasher, Disposal, Electric Range, Range Included, Electric Water Heater
- Laundry: W/D Hookup
Features
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 3,972
- Total interior livable area: 3,972 sqft
Property
Parking
- Parking features: Lot
Features
- Exterior features: Blue
- Fencing: Fenced
- Frontage length: 88
Lot
- Size: 0.45 Acres
- Features: Irregular Lot, Landscaped
Details
- Parcel number: 531922
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- T111
- Foundation: Continuous
- Roof: Composition
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Salem
HOA & financial
Other financial information
- Total actual rent: 3520
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,ODVA
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$850,000
2% more+ $17,000
With Zillow Showcase(estimated)
$867,000