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For sale
  • Listed by: 

    KENNETH MARSHALL 541-754-7314,

    Vintage Realty Northwest

    $495,000

    645 E St NE, Salem, OR 97301

    4beds
    3baths
    2,011sqft
    : 
    Triplex
    Built in 1940
    -- sqft lot
    $493,300 Zestimate®
    $246/sqft
    $-- HOA

    What's special

    Partially finished basementHardwood floorsNewer roof
    Great opportunity to acquire three 1940's cottages. Live in one and rent the others! Also perfect for in-laws to have their own cottage. New siding and exterior paint. Newer roof and some windows. The 2-bedroom cottage at 645 E St has a partially finished basement of 500 +/- SF, plus a single car garage. Hardwood floors give a warm vibe to these units. Each unit has its own washer/dryer hookups. Each home is separately metered for sewer, water, and electric. Tenants responsible for lawn maintenance. HUGE upside in rents! Long-term tenants and passive out-of-state owners present an opportunity for increased income. New roof going on 645 E St. prior to close.
    34 days
    on Zillow
    |
    691
    |
    44
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    Zillow last checked: 7 hours ago

    Listing updated: May 18, 2025 at 07:56am

    Listed by:

    KENNETH MARSHALL 541-754-7314,

    Vintage Realty Northwest

    Source: WVMLS,MLS#: 828160MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 645 E St NE.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Dining room
    • Features: Area (Combination)
    Heating
    • Baseboard
    Appliances
    • Included: Electric Range, Range Included, Electric Water Heater
    • Laundry: W/D Hookup
    Features
    • High Speed Internet
    • Flooring: Vinyl, Wood
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,011
    • Total interior livable area: 2,011 sqft

    Property

    Parking
    • Parking features: Garage
    Features
    • Exterior features: Dark Gray
    • Frontage length: 130
    Lot
    • Size: 6,500 Square Feet
    • Dimensions: 130 x 50
    Details
    • Parcel number: 566787
    • Zoning: RS

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Fiber Cement, Lap Siding
    • Foundation: Continuous
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Salem

    Financial & listing details

    • Price per square foot: $246/sqft
    • Tax assessed value: $256,760
    • Annual tax amount: $3,901
    • Price range: $495K - $495K
    • Date on market: 4/25/2025
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: FHA,Cash,Conventional
    • Inclusions: Ranges/Ovens, Refrigerators
    • Exclusions: Appliances owned by tenants
    • Total actual rent: 1950
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