This 10 unit complex was completely renovated in 2017. 100% occupied and attaining solid rents on a good unit mix. In place property management. Assumable financing for a qualified purchaser. Fixed rate at 4.030%. Loan matures in 2032.
Courtesy: HomeStar Brokers
503-378-9999
Two charming homes on one city lot! Excellent investment property or perfect for multi-generational living. 2bd/2ba home currently occupied w/ ideal tenant & 2bd/1ba home is ready for its new owner/tenant. Both homes had complete remodels in 2017/2018 featuring granite/quartz countertops, luxury vinyl plank flooring, new appliances, cabinetry, fixtures, roofs, plumbing and electrical. Private fully fenced backyards w/ patios. Ample parking and storage shed. Easy access to schools, bus stop, I-5 or downtown.
Courtesy: eXp Realty, LLC
888-814-9613
Well maintained package of three duplexes, 4212, 4222, & 4252 47th Ave NE, located on a quiet residential street in Salem. The properties are offered together as a portfolio, with the ability to finance each duplex individually. Each building is separately addressed and lends itself to individual lending, providing flexibility for investors who want to structure multiple loans, diversify risk, or plan for future individual disposition. The portfolio is professionally managed and fully occupied, providing stable, in place income from day one. The buildings feature consistent two story designs with matching layouts, pitched roofs, and clean exterior lines. Each duplex offers two units with similar floor plans, generous natural light, and functional interiors. Units include well sized living areas, practical kitchens with ample cabinetry and counter space, and comfortable bedroom layouts. Each property has its own driveway and off street parking, along with simple, low maintenance landscaping. The properties are well positioned within an established residential neighborhood, with convenient access to local services, and amenities. Rents are in place and supported by current market conditions, offering immediate income without reliance on aggressive projections. The similar construction and layout across all three duplexes create operational efficiency while still allowing each property to be financed, held, or sold separately in the future. This is a strong opportunity for investors seeking small multifamily assets with flexible financing options, professional management in place, and long term hold potential.
Accepted Offer with Contingencies. Live in 1 side and collect rent from the other or rent out both sides for income potential! These wonderfully maintained units have been beautifully updated. Newer flooring, bathrooms, sinks, HVAC, water heaters and so much more. Each unit is on the corner and offer unique privacy in this quiet neighborhood. Conveniently located in the Sunset Meadows area. You won't be disappointed with all these have to offer.
Two charming homes on one city lot! Excellent investment property or perfect for multi-generational living. 2bd/2ba home currently occupied w/ ideal tenant & 2bd/1ba home is ready for its new owner/tenant. Both homes had complete remodels in 2017/2018 featuring granite/quartz countertops, luxury vinyl plank flooring, new appliances, cabinetry, fixtures, roofs, plumbing and electrical. Private fully fenced backyards w/ patios. Ample parking and storage shed. Easy access to schools, bus stop, I-5 or downtown.
Well-maintained multi-unit property located close to downtown Salem, offering strong rental potential and consistent demand. On .42 ac lot. The property includes six separate units. Five are 1 bdrm/1 Ba and one unit is a 3 bdrm/2 Ba. Each unit features a covered front porch, fully applianced kitchen, combined living/Dining area, washer/dryer hookup. Additional property features include a carport with parking for 5 cars. Easy access to downtown amenities, transportation, employment centers, etc.
Courtesy: SMI Commercial Real Estate LLC
503-390-6060
Well located 8 unit garden-style apartment complex in SE Salem consisting of all 1 bed / 1 bath units built in 1971. The property total approximately 4,160 RSF on a 0.30 acre site and features 11 surface parking spaces, common laundry and patios. Attractive price per unit with strong in-place income. Member of selling entity is a Licensed Real Estate Broker in the State of Oregon.
Well located 8 unit garden-style apartment complex in SE Salem consisting of all 1 bed / 1 bath units built in 1971. The property total approximately 4,160 RSF on a 0.30 acre site and features 11 surface parking spaces, common laundry and patios. Attractive price per unit with strong in-place income.Member of selling entity is a Licensed Real Estate Broker in the State of Oregon.
This 2-story duplex in South Salem offers convenience and comfort with two identical units, each featuring 3 bedrooms, 2.5 bathrooms, and 1,275 sq. ft. of living space. Built in 2003, it includes 1-car garages, private backyards. Well-maintained with a recent exterior paint job, it is professionally managed, consistently rented, and in high demand for its prime location.
South Salem Duplex â?? Modern Remodel in Sprague DistrictA rare find for the serious investor or savvy homeowner. This expansive South Salem duplex offers 1,620 sq. ft. per side, providing the spacious feel of a single-family home with the financial benefits of multi-family real estate. Located on a quiet cul-de-sac just moments from Kuebler Blvd, this property offers unparalleled access to I-5 and shopping. â?¢ Unit 1815: Fully remodeled in 2025. This unit features high-end LVP flooring, sleek quartz countertops, all-new appliances, and contemporary trim/paint throughout.â?¢ Unit 1819: Well-maintained and consistently occupied, offering immediate cash flow.â?¢ The Specs: Both units feature 3 spacious bedrooms, 2 full bathrooms, laundry hookups, and attached 2-car garages.â?¢ Location: Tucked away for privacy but conveniently located near major retail corridors and the Sprague High School district.Whether you are looking for a turn-key rental with premium finishes or a high-equity "house hack," this property is a standout in the 2026 market.
Located at 3027 D St NE, this attractive income property features two separate 1 bedroom/1 bathroom units, each offering comfortable layouts, funcional updates, and strong long-term appeal. Both units have interior updates while being well cared for over time. Shared amenities include a one-car carport, storage shed, and shared laundry area. Exterior improvements include thermal pane vinyl windows (with some aluminum-framed windows) a covered front porch, partially fenced yard, wood siding.
Courtesy: Bridgetown Equity Prop LLC
503-475-3333
Calling all investors—don’t miss this exceptional three-unit multifamily opportunity. This property is ideal for investors looking to expand their portfolio or for an owner-occupant who wants to live in one unit while renting out the other two.All units have been renovated, and the building is fully occupied. The seller currently resides in one unit, with the remaining two secured by leases. Located on a quiet, tree-lined street, the property offers a peaceful and desirable setting.Whether you’re adding to an existing portfolio or purchasing your first investment property, this one delivers. The numbers are strong, with an actual cap rate exceeding 6%.Please submit offers contingent upon a walkthrough. Kindly do not disturb the tenants or walk the property.
Hard-to-find single-level duplex on a corner lot! Each unit has private, separate entrances facing different streets. Both are 2 bed/1 bath with single-car garages plus off-street parking. Open great-room layouts offer easy living, with spacious kitchen and ample cupboard space. Covered back patios and nice yard make these units especially appealing to renters.
Rare chance at an exceptional dual living opportunity, ideal for House Hacking, Investment, or Multigenerational Living. This versatile property offers a rare combination of a classic, well maintained main home paired with a virtually brand new, detached second residence. Exceptional flexibility or income potential. The primary residence offers approximately 1,375 square feet of comfortable living space with 3 bedrooms and 2 bathrooms. Two bedrooms and a full bathroom are located on the main level, anchored by a welcoming living area with a fireplace and a recently updated kitchen. Upstairs, the private primary suite features a walk in closet and an ensuite bathroom with a fully tiled shower. Notable features include new flooring in 2025, a newer furnace and water heater, vinyl double pane windows, and numerous additional tune ups that make this home truly move in ready. A full unfinished basement provides storage space, or potential for additional living space. Central heating and cooling, along with a large rear deck, round out the homes functionality and comfort. The detached second residence was built in 2022 and received its final finishes and Certificate of Occupancy in 2025. This single level home offers approximately 897 square feet, featuring 2 bedrooms plus an office and 1 bathroom. With modern construction and brand new finishes, it is ideal for rental income, extended family, or a private work from home setup. Both homes are situated on an over 10,000 square foot lot, the property features established landscaping, a partially fenced yard, and a dedicated firepit area, creating a functional and inviting outdoor setting for both residences. Exceptional proximity to shopping and I5. Whether you are a first time buyer looking to offset your mortgage through house hacking, an investor seeking multiple income streams, or a larger household in need of a true dual living arrangement, this property delivers flexibility that is incredibly hard to find.
Courtesy: iStar Realty LLC
503-998-9869
Address are 187 & 189 Stoneway dr NW, Salem 97304. Nicely updated duplex in NW Salem. Each unit has 2 beds and 1.5 baths. Great opportunity to live in one unit and rent out the other for extra income! Both units have newly updated quartz countertops, tiled floor bathrooms, laminate floorings, vanities, faucets, toilets, kitchen sinks, garbage disposal, LED lights, light switches, tamper-resistant outlets, windows, baseboards, paints, wooden stairs, forced air wall heaters. Stainless steel refrigerators with ice makers connected for both units. Dimension of the floor plan on photo is approximate and is for unit 187. Floor plan for unit 189 is symmetrical.One of the sellers is currently a licensed real estate agent/ realtor in the State of Oregon. Offer subjects to interior inspection and showing by appointment only
Hard to find home with an additional ADU offering a duplex situation on a corner lot with flexibility of owner occupied or investment opportunity. Conveniently located in desired Fairmount area with easy access to shopping, restaurants, Minto Brown and Riverfront Parks. The home is a classic 1923 Craftsman with front covered porch and great character along with a newer built garage with additional 728 SF ADU above it with 1 bedroom and 1 bath perfect for dual living or to rent out. Home has new roof. Unfinished basement also allows for abundant storage and an additional flex room off of the upper bonus room which is used as the 3rd bedroom. Photos are from the management company prior to occupancy.
What a remarkable duplex in great condition & in a desirable neighborhood in the hills of West Salem. Either consider this one for an investment property or an owner occupied unit with the flexibility of having an attached dwelling for extra income or for someone you care about. Low maintenance landscaping, easy access with flat driveway into the shared 3 bay garage. This property gives a private feel among the treed landscape. Bedrooms are on the lower level providing peace & quiet away from living spaces. Photos are from management company prior to occupancy.
6th unit -2/1 w/ washer/dryer hook-up is currently unrentable. Materials on hand to complete reno. Investment opportunity w/room for rent upside w/ additional TLC. Cash/Hard money only. Great central location close to schools, shopping, State Offices, and downtown Salem. Long-term tenants. Please do not disturb residents.
Premier investment in Salemâ??s sustainable Pringle Creek Community! Built in 2023 by Stafford Homes, this turnkey duplex is fully leased for immediate cash flow. Each unit features a spacious 3BD/2.5BA layout w/ attached 1-car garage. High-end finishes attract quality tenants: quartz counters, SS appliances, laminate floors & modern fixtures. All fridges + W/D included! Desirable setting w/ trails & community greenhouses. A rare, high-quality addition to any portfolio or owner occupied with rental income.
Fully leased 2023 built triplex by Stafford Homes in the sought-after Pringle Creek Community. Quality construction throughout with Two 3BD/2.5BA units and One 2BD and 2.5 Bath unit with loft. Featuring quartz counters, stainless appliances, laminate flooring, stylish fixtures, and smart, functional layouts with attached 1-car garages. All units include refrigerator and washer/dryer. Community amenities include walking trails and greenhouses, and recent addition of prismatic coffee and root cellar market.
Spacious 2bd, 1-bath units, 1,023 sq', well-maintained 4-plex & profes. managed. Each unit has oversized bedrooms, wood-burning fireplace, ample storage, forced air heating, refrig, stove, washer/dryer hook-ups, & patio or balcony. Detached 1-car garage. Located in the Sprague School district, the property features landscaping. All units are currently occupied. Painting of staircase when weather permits. PreSale Inspection completed. Tenant pays water, sewer, garbage. Cap 6%
Courtesy: Opt
503-908-4908
Well-located duplex in Salem featuring two units, each with 2 bedrooms, 1 bathroom, and an attached 1-car garage. Each unit offers a private backyard, providing outdoor space and privacy. Conveniently situated near schools, shopping, and major commuter routes. Excellent opportunity for an investor or owner-occupant.
Courtesy: eXp Realty, LLC
888-814-9613
Fantastic Income Opportunity! Don’t miss this well-maintained 4-plex featuring four 2-bedroom, 1-bath units, perfect for investors or owner-occupants! Three units are currently tenant-occupied, and the fourth is owner-occupied, offering immediate income potential. Each spacious unit includes a comfortable living room, dining area, and a well-equipped kitchen with all appliances and lots of cupboard space. Bedrooms are nicely sized, and the bathrooms feature a convenient tub/shower combo. Enjoy off-street parking, a fenced front yard area, and a shared coin-operated community laundry room for added convenience. Ideally located just minutes from a wide variety of restaurants, shopping, and neighborhood parks, this property combines comfort, convenience, and excellent investment value!
Hard to find triplex is priced to sell! Units are in very good condition. Professionally managed & landscaped. Spacious units all have 3 bedrooms & 2 baths. Building is set back on flag lot with plenty of paved parking spaces. Priced to consider below market rents on 2 of the units.
Salem is located in Oregon. Salem, Oregon has a population of 174,193. Salem is more family-centric than the surrounding county with 31.31% of the households containing married families with children. The county average for households married with children is 31.19%.
The median household income in Salem, Oregon is $62,185. The median household income for the surrounding county is $64,880 compared to the national median of $69,021. The median age of people living in Salem is 35.7 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 34.8 degrees. The average rainfall is approximately 44.9 inches per year, with 3.9 inches of snow per year.
