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  • 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

    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.

    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#: 798785MLS Logo

    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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    An equal housing lender. NMLS #10287.

    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