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.
Active
Price cut: $15K (5/7)
$960,000
1710 Capitol St NE, Salem, OR 97301
11beds
4,800sqft
Est.:
Multi Family
Built in 1930
-- sqft lot
$922,700 Zestimate®
$200/sqft
$-- HOA
What's special
Roof in excellent conditionHardwood floorsCeiling fans
- 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#: 695518904

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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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