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771 21ST St SE

Salem, OR 97301
  • $575,000
  • STATUS: Active
  • ON SITE: 126 Days
  • MLS #: 245194097
$575,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,282
    SQFT
  • $252
    $/SQFT
Type:
Multi-Family
Built:
1925
County:

School Information

Elementary School:
Middle School:
High School:

Description

Detached 4-unit property located near downtown Salem, public transit, and local colleges. Each unit offers 1 bedroom and 1 bathroom with private entrances, individual electric meters, and separate water heaters. The property was significantly remodeled and partially rebuilt in the early 1990s, with updates continuing over the years.Recent improvements include updated water heaters, newer flooring, and a roof with an estimated 30-year life based on a 2022 inspection. Shared amenities include off-street parking for each unit, on-site coin laundry, and a fully fenced backyard courtyard. Potential to assume an FHA mortgage at a 2.75% interest rate—buyer to verify with lender. Showings available upon accepted offer.

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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 2025-12-10T05:46:43.027.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/166628324
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771 21ST St SE Salem, OR 97301

  • Price: $575,000
  • Status: Active
  • On Site: 126 Days
  • MLS #: 245194097
0
Beds
0
Baths
0
½ Baths
0.13
Acres
2,282
SQFT
$252
$/SQFT
1925
Built
Neighborhood:
174-Marion Co: Central Salem
County:
Marion
Area:
174-Marion Co: Central Salem
Elementary School:
Richmond
Middle School:
Leslie
High School:
South Salem
Property Description
Detached 4-unit property located near downtown Salem, public transit, and local colleges. Each unit offers 1 bedroom and 1 bathroom with private entrances, individual electric meters, and separate water heaters. The property was significantly remodeled and partially rebuilt in the early 1990s, with updates continuing over the years.Recent improvements include updated water heaters, newer flooring, and a roof with an estimated 30-year life based on a 2022 inspection. Shared amenities include off-street parking for each unit, on-site coin laundry, and a fully fenced backyard courtyard. Potential to assume an FHA mortgage at a 2.75% interest rate—buyer to verify with lender. Showings available upon accepted offer.
Exterior Features

Attached Garage YN No Exterior Description Wood Siding Lot Features Commons Level Public Road Parking Features Off Street On Street Parking Total 4 Road Surface Type Concrete Roof Composition View YN No

Interior Features

Cooling None Cooling YN No Heating Wall Heater Heating YN No

Property Features

Association YN No Bank Owned YN No Community Features Commons Laundry Fuel Description Electricity Green Certification YN No Gross Income 52130 Hot Water Description Electricity IDXAddress Display YN Yes Listing Terms Assumable Cash Conventional FHA VALoan Net Operating Income 32584 Operating Expense 17466 Property Attached YN No Property Condition Existing Rent Includes Trash Collection Water Security Features Sidewalk Sewer Public Sewer Short Sale YN No Tax Annual Amount 3376.13 Tax Year 2024 Water Source Public Water Zoning RM2

Listing provided courtesy of eXp Realty, LLC: 503-577-8853.


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 2025-12-10T05:46:43.027.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