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Off market
  • $1,058,100

    2522 Simpson St SE, Salem, OR 97301

    8beds
    0baths
    4,160sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $1,058,100 Zestimate®
    $254/sqft
    $1,661 Estimated rent

    Owner options

    List your home for rent

    $1,661/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

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    $1,661/mo

    Rent Zestimate®

    Refinance and save

    $6,373/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $6,373/mo

    Est. payment

    What's special

    Low maintenance 8 unit property with average rents at $732. Cash flow at 6.8% with current rent and expenses. This is a turnkey investment with professional management in place for an easy transition. Great property for a smaller 1031 exchange. Gross Income through November is $62,244.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 0
    Appliances
    • Included: Microwave, Range / Oven, Refrigerator
    • Laundry: Laundry Center
    Interior area
    • Total interior livable area: 4,160 sqft

    Property

    Lot
    • Size: 0.30 Acres

    Construction

    Type & style
    • Home type: MultiFamily

    Utilities & green energy

    • Sewer: City

    Community & neighborhood

    Location
    • Region: Salem

    Other

    Other facts
    • DINING: Area (Combination)
    • LOT TYPE: Common Area
    • SEWER: City
    • SIDING: Wood
    • SIDING STYLE: T111
    • UNIT TYPES: Flat
    • WATER: City
    • WATER HEATER: Electric
    • LANDSCAPE: Yes
    • FLOORING: Carpet, Laminate
    • ROOF: Shingle
    • Type: Multi- (5+)
    • FOUNDATION: Pier
    • LAUNDRY: Laundry Center
    • HEATING: Other (Refer to Remarks)
    • DISHWASHER: Yes
    • Street Designation: St
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,058,100
    2% more+$21,162
    With Zillow Showcase(estimated)$1,079,262