1207 D ST, Salem, OR 97301

Listing Courtesy of Epique Realty.

$789,900
3,936
SqFt

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List Price
$789,900
MLS#
605231333
Status
ACTIVE
City
Salem
Area
Marion Co: Central Salem
County
Marion
Living Area
3,936
Year Built
1962

Property Description

Turnkey 6-unit multifamily in Salem's Northeast Neighbors district — 100% occupied, fully documented financials. Several units recently refreshed (new flooring, appliances, paint); in-place rents below market with upside as leases turn. 2025 saw heavy one-time capital investment; 2026 shows strong recovery already underway. New owner benefits from current owner's investments! Directly across from Parrish Middle School and North Salem High School, within a mile of the Oregon State Capitol, Willamette University, Salem Hospital, and Oregon State Hospital — major, stable employment anchors.

Additional Information

Acres
0.30
Water
Public Water
Elementary School
Englewood
Middle School
Parrish
High School
North Salem

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Calculator source: Real Geeks