1416 1456 D St NE Salem, OR 97301

Price
Not For Sale
Last Update
May 8th, 2024
Type
Off Market
Status
Off Market
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15 Beds
8 Bath
6940 sqft
Off Market

Snapshot

Property Type
Other
Lot Size
0.32 acres
Property Sqft
6,940
MLS Number
809323
Year Built
1970
Days On Market

Description

8 units consisting of (7) 2 bed / 1 bath and (1) 1 bath/ 1bath. Below market rents w/significant upside. 1 unit was recently renovated. Property is professionally managed allowing for hassle-free ownership if buyer desires to retain management. Current 5.3 cap rate based on actual data. Ideal for investors seeking appreciate and higher ROI. Prime location with strong rental demand. Located less than one block east of North Salem High School and close to Parrish Middle School. Do not disturb the residents

More Details

Provider
SMI COMMERCIAL REAL ESTATE, LLC
MLS ID
WVMLSOR
MLS Name
Willamette Valley Multiple Listing Service
MLS Number
809323
Source
listhub
PARTICIPANT
Name
Patrick Mulhern
Primary Phone
(971) 707-0335
Key
3YD-WVMLSOR-8541
Email
patrick@smire.com
BROKER
Name
SMI COMMERCIAL REAL ESTATE, LLC
Phone
(503) 390-6060
OFFICE
Name
SMI REAL ESTATE
Phone
(503) 390-6060
Copyright © 2024 Willamette Valley Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$1,250,000 $180SMI REAL ESTATE
Price Changed$1,250,000 -3.85%$180SMI REAL ESTATE
Listed For Sale$1,300,000 $187SMI REAL ESTATE
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Nearby Schools

High School

North Salem High School

0.2 miles away08 - 12

Middle School

Parrish Middle School

0.2 miles away05 - 08

Elementary School

Englewood Elementary School

0.4 miles awayKG - 05
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