Back on Market! Amazing investment opportunity in Salem! Fully rented with good tenants on this 4-plex investment! Conveniently located near shops, college, and bus lines! New roof in 2019 and exterior touch ups! New coin operated laundry installed onsite for extra revenue. Great cap rate of %6.384 on this investment and pro forma %7.19 with plenty of value to take it to the next level!
Off market
$775,900
4434 Lancaster Dr NE, Salem, OR 97305
8beds
4baths
3,591sqft
Other
Built in 1964
-- sqft lot
$775,900 Zestimate®
$216/sqft
$1,760 Estimated rent
Owner options
What's special
Zillow last checked: October 30, 2025 at 12:13am
Source: HomeSmart,MLS#: 814071

Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$775,900
2% more+$15,518
With Zillow Showcase(estimated)$791,418