Accepted Offer with Contingencies. Great income property! Conveniently located 4-plex with long term tenants. featuring updated units exterior paint, new lifetime metal roof. Property has off street parking. Basement set up for coin-op laundry on its own meter. Buyer to due their own due diligence on other possible uses. 3 units on 1 year leases 1 unit on month to month.
Under contract
Listed by:
JOEL GANDER Cell:503-559-4110,
Gander Property Group
Price cut: $25K (4/23)
$574,900
952 Gaines St NE, Salem, OR 97301
4beds
4baths
2,200sqft
Est.:
Quadruplex
Built in 1950
-- sqft lot
$-- Zestimate®
$261/sqft
$-- HOA
What's special
Updated unitsExterior paintOff street parkingNew lifetime metal roof
- 93 days
- on Zillow |
- 201 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: May 28, 2025 at 07:44pm
Listed by:
JOEL GANDER Cell:503-559-4110,
Gander Property Group
Source: WVMLS,MLS#: 826319
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Dining room
- Features: Area (Combination)
Heating
- Electric
Appliances
- Included: Electric Range, Electric Water Heater, Refrigerator
- Laundry: Common Area
Features
- High Speed Internet
- Flooring: Carpet, Vinyl
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,200
- Total interior livable area: 2,200 sqft
Property
Parking
- Parking features: 1
Features
- Fencing: Partial
- Has view: Yes
- View description: Territorial
Lot
- Size: 6,534 Square Feet
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stucco
- Foundation: Continuous
- Roof: Metal or Aluminum
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Hardwired Fire System
- Subdivision: Mccoys addition
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $261/sqft
- Annual tax amount: $3,466
- Price range: $574.9K - $574.9K
- Date on market: 3/10/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: FHA,Cash,Conventional,1031 Exchange
- Total actual rent: 4350
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