Multiple offers received! Highest and best by 10/20 12:00pm. Tucked away off State st you will find a unique opportunity to own 4 individually metered cottages. Seller has completed multiple improvements to the units in recent years. Roofs, Windows, and paint all updated in 2020. Whether you're just starting out investing in Real Estate or a seasoned investor this 4plex belongs in your portfolio. Future Buyer will enjoy $0 Landscaping, $0 Electricity, $0 W.S.G. as tenants are responsible for all utilities.
Sold
Listed by:
PATRICK MULHERN Cell:971-707-0335,
Smi Real Estate,
RYAN BRUSH,
Smi Real Estate
$425,000
1615 State St, Salem, OR 97301
4beds
4baths
2,160sqft
Quadruplex
Built in 1950
-- sqft lot
$498,000 Zestimate®
$197/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: November 29, 2022 at 04:18pm
Listed by:
PATRICK MULHERN Cell:971-707-0335,
Smi Real Estate,
RYAN BRUSH,
Smi Real Estate
Bought with:
TARYN STEVENS MOORE
Re/Max Integrity - Salem
Source: WVMLS,MLS#: 798785

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Dining room
- Features: Area (Combination)
Heating
- Wall Furnace
Appliances
- Included: Dishwasher, Disposal, Built-In Range, Electric Water Heater
- Laundry: W/D Hookup
Features
- Flooring: Laminate
- Has fireplace: No
Interior area
- Total structure area: 2,160
- Total interior livable area: 2,160 sqft
Property
Parking
- Parking features: 1 pad/unit offstreet
Features
- Fencing: Partial
Lot
- Size: 7,405 sqft
- Features: Common Area
Details
- Parcel number: 527533
- Zoning: MU-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood 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
HOA & financial
Other financial information
- Total actual rent: 2650
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,FHA
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$498,000
2% more+ $9,960
With Zillow Showcase(estimated)
$507,960