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Sold for $540,000 on 08/01/25
    • Listed by: 

    JOEL GANDER Cell:503-559-4110,

    Gander Property Group

    $540,000

    952 Gaines St NE, Salem, OR 97301

    4beds
    4baths
    2,200sqft
    Quadruplex
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $245/sqft
    $1,129 Estimated rent

    What's special

    Great income property! Conveniently located 4-plex with long term tenants. featuring updated units exterior paint, new lifetime metal roof. Property has off street parking. Basement set up for coin-op laundry on its own meter. Buyer to due their own due diligence on other possible uses. 3 units on 1 year leases 1 unit on month to month.

    Zillow last checked: 7 hours ago

    Listing updated: August 03, 2025 at 03:07pm

    Listed by:

    JOEL GANDER Cell:503-559-4110,

    Gander Property Group

    Bought with:

    JOEL GANDER

    Gander Property Group

    Source: WVMLS,MLS#: 826319MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Dining room
    • Features: Area (Combination)
    Heating
    • Electric
    Appliances
    • Included: Electric Range, Electric Water Heater, Refrigerator
    • Laundry: Common Area
    Features
    • High Speed Internet
    • Flooring: Carpet, Vinyl
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 2,200
    • Total interior livable area: 2,200 sqft

    Property

    Parking
    • Parking features: 1
    Features
    • Fencing: Partial
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 6,534 sqft

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Stucco
    • Foundation: Continuous
    • Roof: Metal or Aluminum
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Hardwired Fire System
    Location
    • Region: Salem
    • Subdivision: Mccoys addition

    HOA & financial

    Other financial information
    • Total actual rent: 4350

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: FHA,Cash,Conventional,1031 Exchange
    Services availability
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