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1779 Park NE Ave, Salem, OR 97301

$2,099,000

44 Photos

Property Description

Rare 13-unit investment portfolio in NE Salem! Spread across 1.01 acres and 6 tax lots, this low-density property features a mix of 8 duplex units and 5 standalone single-family homes (all 2 bed/1 bath). Highlights include off-street parking, garages, carports, and on-site laundry. Features strong in-place income with $39k+ annual rental revenue upside in RM2 zoning. Ideal value-add portfolio offering long-term stability and growth. Buyer to verify all details. (13 total full baths, 1 per unit)

1779 Park NE Ave | MLS# 292245938

This single family home located at 1779 Park NE Ave, Salem, OR 97301 is currently listed for sale with an asking price of $2,099,000. This property was built in 1967 and has 2 bedrooms and 9 full baths with 11363 sq. ft. Search Salem real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Fuel Type: Electricity
Heating: Baseboard, WallHeater, Zoned
Home Style: 1 Story, 2 Story
Lot Size: 1.01 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $20,020
Year Built: 1967
Square Feet: 11,363

Feature Descriptions

Bathroom: 9.0 (Main)
Days on Site: 2
Exterior: T-111 Siding, Vinyl Siding, Wood Siding
Hot Water: Electricity
Kitchen: Free-Standing Range, Free-Standing Refrigerator
Lot: Level, Public Road, Secluded, Trees
Parking Notes: Driveway, OffStreet
Rental Amount: $207000.00
Sewer: Public Sewer
Square Footage: 10999 (Main), 364 (Upper)
Water: Public Water

Local Schools

High School: North Salem
Middle School: Parrish
Elementary School: Other

Listed By / Shown By

Listed By

Agency Name: Tradition Real Estate Partners LLC
Agency Contact: 503-409-9222

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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Estimate Your Payment

Estimated Payment

$ 12,894.23 per month $10,613.69 Principal & Interest $1,668.33 Property Tax $612.21 Homeowner's Insurance

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