Fantastic Income Opportunity! Don’t miss this well-maintained 4-plex featuring four 2-bedroom, 1-bath units, perfect for investors or owner-occupants! Three units are currently tenant-occupied, and the fourth is owner-occupied, offering immediate income potential. Each spacious unit includes a comfortable living room, dining area, and a well-equipped kitchen with all appliances and lots of cupboard space. Bedrooms are nicely sized, and the bathrooms feature a convenient tub/shower combo. Enjoy off-street parking, a fenced front yard area, and a shared coin-operated community laundry room for added convenience. Ideally located just minutes from a wide variety of restaurants, shopping, and neighborhood parks, this property combines comfort, convenience, and excellent investment value!
For sale
Listed by:
NICK SHIVERS 503-389-0821,
Keller Williams Portland Central,
MATTHEW UMBERGER,
Keller Williams Portland Central
$650,000
664 Thompson Ave NE, Salem, OR 97301
8beds
4baths
3,744sqft
Est.:
Quadruplex
Built in 1966
-- sqft lot
$641,800 Zestimate®
$174/sqft
$-- HOA
What's special
Dining areaFenced front yard areaSpacious unitLots of cupboard spaceOff-street parkingWell-equipped kitchen
- 47 days |
- 518 |
- 32 |
Zillow last checked: 8 hours ago
Listing updated: October 24, 2025 at 03:44pm
Listed by:
NICK SHIVERS 503-389-0821,
Keller Williams Portland Central,
MATTHEW UMBERGER,
Keller Williams Portland Central
Source: WVMLS,MLS#: 834800
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Dining room
- Features: Area (Combination)
Heating
- Baseboard
Appliances
- Included: Dishwasher, Range Included, Electric Water Heater, Refrigerator
- Laundry: Common Area
Features
- Flooring: Carpet, Laminate
- Has fireplace: No
Interior area
- Total structure area: 3,744
- Total interior livable area: 3,744 sqft
Property
Parking
- Parking features: Off street, Off Street
Features
- Patio & porch: Patio
- Fencing: Partial
Lot
- Size: 5,662.8 Square Feet
Details
- Parcel number: 567559
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- See Remarks
- Roof: Composition
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $174/sqft
- Annual tax amount: $4,848
- Price range: $650K - $650K
- Date on market: 10/24/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: FHA,VA Loan,Cash,Conventional
- Total actual rent: 2550
Estimated market value
$641,800
$610,000 - $674,000
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2025 | Listed for sale | $650,000$174/sqft |
Source:  RMLS (OR) #728481833 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$3,807/mo
Principal & interest
$3140
Property taxes
$439
Home insurance
$228
Climate risks
Neighborhood: Northeast Neighbors
Nearby schools
GreatSchools rating
- 4/10Englewood Elementary SchoolGrades: K-5Distance: 0.3 mi
- 3/10Parrish Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10North Salem High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Englewood
- Middle: Parrish
- High: North Salem
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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