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  • Price cut: $15K (5/7)
    $960,000

    1710 Capitol St NE, Salem, OR 97301

    11beds
    4,800sqft
    : 
    Multi Family
    Built in 1930
    -- sqft lot
    $922,700 Zestimate®
    $200/sqft
    $-- HOA

    What's special

    Roof in excellent conditionHardwood floorsCeiling fans
    Seller Financing: 10% down; 4% I/O for 7 years. Excellent solid investment 6-plex in the heart of Salem. Central location. 6 units all rented on month to month. No deferred maintenance. Newer electrical, plumbing, water lines, and appliances. Roof in excellent condition. Units have ceiling fans, hardwood floors. Some units recently remodeled. The property was awarded Most Improved Property of the year in the Salem area. With a cash offer, Seller will do a 1031 Exchange. Coin-op laundry provides extra income.Annual gross income $64,920. Annual Expenses $15,432 (23% of AG) 5.2 CAP. Access to property only with an accepted offer.
    63 days
    on Zillow
    |
    348
    |
    22
    |

    Zillow last checked: 7 hours ago

    Listing updated: 18 hours ago

    Listed by:

    Ellen Bick 503-481-0825,

    CORE, Realtors

    Source: RMLS (OR),MLS#: 695518904MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1710 Capitol St NE.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 7
    • Full bathrooms: 7
    Appliances
    • Included: Range, Refrigerator, Electric Water Heater
    • Laundry: Common Area
    Features
    • Flooring: Hardwood
    • Basement: Full
    Interior area
    • Total structure area: 4,800
    • Total interior livable area: 4,800 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    Lot
    • Size: 3,484.8 Square Feet
    • Features: Level, SqFt 3000 to 4999
    Details
    • Parcel number: 584791
    • Zoning: RM2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: All Landscaping, Laundry
    • Security: Security Lights
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $200/sqft
    • Annual tax amount: $5,713
    • Date on market: 3/6/2025
    • Listing terms: Cash,Conventional,Owner Will Carry
    • Total actual rent: 6385
    • Road surface type: Paved
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