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241 NW 25TH St

Salem, OR 97301
  • $950,000
  • STATUS: Active
  • ON SITE: 257 Days
  • MLS #: 254623360
UPDATED: 51 min ago
$950,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,292
    SQFT
  • $221
    $/SQFT
Type:
Multi-Family
Built:
1996
County:

School Information

Elementary School:
Middle School:
High School:

Description

Worth another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. One 4-bed unit is vacant, ideal for owner-occupant or renting at market rate. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maint, low-expense property in a convenient location with great cash flow & market upside. Rare unit mix: (3) 4-bed + (1) 2-bed. Separate electrical meters. More info available-call today!

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Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ladd Group, Cascade Sotheby's International Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-12-04T18:49:06.133.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Ladd Group, Cascade Sotheby's International Realty and should be independently verified.
www.bendpropertysource.com/homes/161726860
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241 NW 25TH St Salem, OR 97301

  • Price: $950,000
  • Status: Active
  • On Site: 257 Days
  • Updated: 51 min ago
  • MLS #: 254623360
0
Beds
0
Baths
0
½ Baths
0.21
Acres
4,292
SQFT
$221
$/SQFT
1996
Built
Neighborhood:
176-Marion Co: East Salem N
County:
Marion
Area:
176-Marion Co: East Salem N
Elementary School:
Other
Middle School:
Other
High School:
South Salem
Property Description
Worth another look! Updated price reflects brand new exterior paint, fencing & repairs-this is a true turnkey 4-unit investment. One 4-bed unit is vacant, ideal for owner-occupant or renting at market rate. Purpose-built with 14 beds, 8 baths total, newer roof, fiber cement siding, on-site laundry & ample parking. Low-maint, low-expense property in a convenient location with great cash flow & market upside. Rare unit mix: (3) 4-bed + (1) 2-bed. Separate electrical meters. More info available-call today!
Exterior Features

Attached Garage YN No Exterior Description Cement Siding Lap Siding Parking Features Off Street Paved Parking Total 12 Road Surface Type Paved Roof Composition View YN No

Interior Features

Cooling YN No Heating Wall Heater Heating YN No

Property Features

Association YN No Bank Owned YN No Community Features Laundry Fuel Description Electricity Green Certification YN No Gross Income 76524 Hot Water Description Electricity IDXAddress Display YN Yes Listing Terms Cash Conventional FHA VALoan Net Operating Income 53000 Operating Expense 23524 Property Attached YN No Property Condition Existing Rent Includes Maintenance Grounds Sewer Trash Collection Water Sewer Public Sewer Short Sale YN No Tax Annual Amount 8347.95 Tax Year 2024 Water Source Public Water Zoning RM

Listing provided courtesy of Keller Williams Realty Mid-Willamette: .


Listing content is copyright © 2025 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ladd Group, Cascade Sotheby's International Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2025-12-04T18:49:06.133.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Ladd Group, Cascade Sotheby's International Realty and should be independently verified.
 
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Ladd Group, Cascade Sotheby's International Realty
650 SW Bond St, Suite 100
Bend OR, 97702