Investment opportunity! 2 tax lots for a total of .82 acre. This Salem MU-lll mixed use zoning allows for residential, retail, offices etc. You decide upon buyer due diligence! There are currently two-2/1 duplexes, a 3/1 house & a 2/1 studio apt. The shed up front (no value) houses 1 of 2 wells, the 2nd one is in the basement of rented house. Cash only, AS-IS sale. Potential abounds! Do not disturb tenants. Drive by viewing only. Offered by John & Sandy Van Dyk, 503.932.3241.
For sale
Listed by: Paramount Real Estate Services
$725,000
4125-4135 Portland Rd NE, Salem, OR 97301
13beds
6baths
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$704,500 Zestimate®
$--/sqft
$-- HOA
What's special
- 33 days |
- 338 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
JOHN AND SANDY VAN DYK Cell:503-932-3283,
Paramount Real Estate Services
Source: WVMLS,MLS#: 838518
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 6
Heating
- Wall Furnace
Appliances
- Included: Electric Range
- Laundry: W/D Hookup
Features
- Flooring: Wood
- Basement: Unfinished
- Has fireplace: No
Video & virtual tour
Property
Parking
- Parking features: Gravel Lot
Features
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.83 Acres
- Features: Dimension Above
Details
- Additional structures: Shed(s), See Remarks
- Zoning: Salem-MU-lll Mixed U
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Annual tax amount: $6,116
- Price range: $725K - $725K
- Date on market: 3/12/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Total actual rent: 3795
Estimated market value
$704,500
$669,000 - $740,000
$1,673/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Listed for sale | $725,000 |
Source:  WVMLS #838518 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Est. payment
$4,012/mo
Principal & interest
$3523
Property taxes
$489
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Climate risks
Neighborhood: Northgate
Getting around
38 / 100
Some TransitNearby schools
GreatSchools rating
- 3/10Highland Elementary SchoolGrades: K-5Distance: 2 mi
- 3/10Parrish Middle SchoolGrades: 6-8Distance: 2.6 mi
- 4/10North Salem High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Highland
- Middle: Parrish
- High: North Salem
Source: WVMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Oregon
- Marion County
- Salem
- 97301
- Northgate
- 4125-4135 Portland Rd NE
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