Turn-key 5-plex in a prime West Salem location, offered at a 6.5% cap rate. Each unit features 2 bedrooms, 1.5 baths, in-unit laundry, and covered parking—ideal for attracting quality, long-term tenants. Built in 1977 with a history of low vacancy and strong performance. Close to downtown, shopping, hospitals, and major commute routes. Steady cash flow and long-term appreciation makes this a smart addition to your portfolio. Call with questions, invest in your future!
For sale
Listed by:
MICHAEL WRIGHT Cell:541-515-0451,
Re/Max Integrity - Salem
$1,025,000
1214 Dorval Ave NW, Salem, OR 97304
10beds
8baths
6,330sqft
Est.:
Multi Family
Built in 1977
-- sqft lot
$992,500 Zestimate®
$162/sqft
$-- HOA
What's special
- 23 days
- on Zillow |
- 338 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: April 04, 2025 at 12:33pm
Listed by:
MICHAEL WRIGHT Cell:541-515-0451,
Re/Max Integrity - Salem
Source: WVMLS,MLS#: 827234

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 8
Dining room
- Features: Area (Combination)
Heating
- Baseboard
Appliances
- Included: Dishwasher, Disposal, Electric Range, Range Included, Electric Water Heater, Refrigerator
- Laundry: W/D Hookup
Features
- Flooring: Carpet, Laminate, Vinyl
- Basement: Daylight,Finished
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 6,330
- Total interior livable area: 6,330 sqft
Video & virtual tour
Property
Parking
- Parking features: covered / off street
Features
- Patio & porch: Deck, Patio
- Exterior features: Green
- Has view: Yes
- View description: Mountain(s), Territorial
- Frontage length: 78
Lot
- Size: 0.34 Acres
- Dimensions: 78' x 183'
- Features: Dimension Above, Irregular Lot, Landscaped
Details
- Parcel number: 339119
- Zoning: RM2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding, T111
- Foundation: Continuous
- Roof: Metal or Aluminum
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: 1214-1224 Dorval
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $162/sqft
- Annual tax amount: $7,742
- Price range: $1M - $1M
- Date on market: 4/3/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Total actual rent: 7415
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