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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
    : 
    Multi Family
    Built in 1977
    -- sqft lot
    $992,500 Zestimate®
    $162/sqft
    $-- HOA

    What's special

    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!
    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#: 827234MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1214 Dorval Ave NW.

    Next available tour time:Today at 3:30pm

    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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