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  • Listed by: 

    BRIAN SMITH Agent:503-361-7151,

    Coldwell Banker Mountain West Real Estate, Inc.

    $620,000

    1015 38th Ave NE, Salem, OR 97301

    7beds
    4baths
    3,036sqft
    Quadruplex
    Built in 1950
    -- sqft lot
    $653,200 Zestimate®
    $204/sqft
    $-- HOA

    What's special

    Great opportunity on this 4 plex located short distance to Willamette Town Center, bus service and I-5! These well maintained units have had low turnover, low vacancy and are professionally managed by NW Pacific Property Management. There are one 3 bedroom, one 2 bedroom, and two 1 bedroom units. Gross monthly rents are $4,253. There's potential to significantly raise the rents. 4 plex has new exterior paint, many updated windows & great rental history. Long term owner.

    Zillow last checked: 7 hours ago

    Listing updated: August 29, 2023 at 09:15am

    Listed by:

    BRIAN SMITH Agent:503-361-7151,

    Coldwell Banker Mountain West Real Estate, Inc.

    Bought with:

    BRANDON BREON

    Keller Williams Sunset Corridor

    Source: WVMLS,MLS#: 794116MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Dining room
    • Features: Area (Combination)
    Heating
    • Baseboard, Electric
    Appliances
    • Included: Electric Range, Electric Water Heater
    Features
    • Flooring: Carpet, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 3,036
    • Total interior livable area: 3,036 sqft

    Property

    Parking
    • Parking features: Driveway
    Features
    • Patio & porch: Covered Patio
    • Exterior features: Gray
    • Fencing: Partial
    Lot
    • Size: 8,360 sqft
    • Features: Dimension Above, Landscaped
    Details
    • Parcel number: 583456
    • Zoning: RS

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Wood Siding, Lap Siding
    • Foundation: Continuous
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Salem
    • Subdivision: Neumans Gardens Annex

    HOA & financial

    Other financial information
    • Total actual rent: 4253

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,1031 Exchange
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more than others on Zillow

    Get a complimentary Zillow Showcase℠ listing and you could sell for .

    $653,200
    2% more+ $13,064
    With Showcase(estimated)
    $666,264