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For sale
  • Listed by: 

    SUE LONG Agent:541-740-7722,

    Keller Williams Realty Mid Willamette,

    RYAN LONG,

    Keller Williams Realty Mid Willamette

    $925,000

    241 25th St NE, Salem, OR 97301

    14beds
    8baths
    4,292sqft
    : 
    Quadruplex
    Built in 1996
    -- sqft lot
    $907,200 Zestimate®
    $216/sqft
    $-- HOA

    What's special

    Ample parkingNewer roof
    More info available—call today! Modern purpose-built 4-unit investment property with 14 beds, 8 baths, and steady rental income from long-term residents. Features newer roof, fiber cement siding, ample parking, and on-site laundry. Tenants pay utilities, with market rent upside! Low-maintenance design & expenses in a prime location. Rare unit mix: (3) 4-bed/1.5-bath units + (1) 2-bed/1.5-bath unit. An excellent cash-flowing opportunity!
    37 days
    on Zillow
    |
    211
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 01, 2025 at 07:38am

    Listed by:

    SUE LONG Agent:541-740-7722,

    Keller Williams Realty Mid Willamette,

    RYAN LONG,

    Keller Williams Realty Mid Willamette

    Source: WVMLS,MLS#: 826614MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 241 25th St NE.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 8
    Heating
    • Electric
    Appliances
    • Included: Dishwasher, Built-In Range, Electric Range, Electric Water Heater, Refrigerator
    • Laundry: Common Area
    Features
    • Flooring: Carpet, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 4,292
    • Total interior livable area: 4,292 sqft

    Property

    Parking
    • Parking features: Lot - 3 Spaces, Lot - 2 Spaces, Laundry
    Features
    • Exterior features: Lt Brown
    • Fencing: Fenced
    • Frontage length: 50
    Lot
    • Size: 9,000 Square Feet
    • Dimensions: 180 x 50
    • Features: Irrigation System
    Details
    • Additional structures: RV/Boat Storage
    • Zoning: RM

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Fiber Cement, Lap Siding
    • Foundation: Continuous
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1996

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $216/sqft
    • Annual tax amount: $8,348
    • Price range: $925K - $925K
    • Date on market: 3/19/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: FHA,Cash,Federal Land Bank,Conventional
    • Exclusions: Tenants Personal Property
    • Total actual rent: 6377
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