1779 PARK NE AVE, Salem, OR 97301
Listing Courtesy of Tradition Real Estate Partners LLC.
- $2,099,000
- 2
- BD
- 9
- BA
- 11,363
- SqFt
- List Price
- $2,099,000
- MLS#
- 292245938
- Status
- ACTIVE
- City
- Salem
- Area
- Marion Co: East Salem N
- County
- Marion
- Bedrooms
- 2
- Bathrooms
- 9
- Living Area
- 11,363
- Year Built
- 1967
Property Description
Rare 13-unit investment portfolio in NE Salem! Spread across 1.01 acres and 6 tax lots, this low-density property features a mix of 8 duplex units and 5 standalone single-family homes (all 2 bed/1 bath). Highlights include off-street parking, garages, carports, and on-site laundry. Features strong in-place income with $39k+ annual rental revenue upside in RM2 zoning. Ideal value-add portfolio offering long-term stability and growth. Buyer to verify all details. (13 total full baths, 1 per unit)
Additional Information
- Acres
- 1.01
- Water
- Public Water
- Elementary School
- Other
- Middle School
- Parrish
- High School
- North Salem
- Garage Spaces
- 4